https://gdpark.blog/tags/efficient-market-hypothesis/Recent content in Efficient-Market-Hypothesis on gdpark.blogHugoenThu, 12 May 2016 00:00:00 +0000https://gdpark.blog/posts/basic-investing-01-overview-of-basic-investing/Tue, 29 Mar 2016 00:00:00 +0000https://gdpark.blog/posts/basic-investing-01-overview-of-basic-investing/A no-fluff rundown of investing basics — what markets actually do, asset allocation vs. security selection, the EMH, and money market instruments like T-bills and CDs.https://gdpark.blog/posts/basic-investing-12-efficient-market-hypothesis-emh/Wed, 11 May 2016 00:00:00 +0000https://gdpark.blog/posts/basic-investing-12-efficient-market-hypothesis-emh/How economists took Kendall’s ‘prices are random’ bombshell and flipped it into the EMH — keeping the ‘humans are rational’ assumption perfectly intact.https://gdpark.blog/posts/basic-investing-13-behavioral-finance/Thu, 12 May 2016 00:00:00 +0000https://gdpark.blog/posts/basic-investing-13-behavioral-finance/Behavioral finance argues human irrationality — forecast errors, overconfidence, conservatism bias — actually moves markets in ways the efficient market hypothesis can’t explain.