Back of the Envelope

Observations on the Theory and Empirics of Mathematical Finance

[FM] Efficient Markets Hypothesis

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Andrew Lo of MIT  (a very respected scholar in the field) on rationality, behavioural concerns and where does he stand on the whole debate around market efficiency – highly recommended (some of my examples have been drawn from his papers):

And here is the view of very respected head of a fairly large hedge fund:

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Written by Vineet

September 20, 2014 at 12:49 pm

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