matty
"..but unfortunately as people say the market is always right isnt as stright cut as a phase like that... "
Most people that use this phrase on HC use it incorrectly. From what I can work out most of them don't have a clue what the efficient market hypothesis is.
FWIW I dont think the theory accounts for non-company related information very well. As a consequence, the market is right in terms of what the price currently is but it surely doesn't explain why.
The other thing to consider is that even the people who agree with the theory also agree that it doesn't account for future uncertainty.
So from a speculators point of view the entire theory isn't worth much IMHO.
TL;DR The theory might work for traders but not speculators or investors.
- Forums
- ASX - By Stock
- SLR
- fat prophets optimistic
fat prophets optimistic, page-16
-
-
- There are more pages in this discussion • 21 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SLR (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, MD & CEO
Anthony Noble
MD & CEO
Previous Video
Next Video
SPONSORED BY The Market Online