View Single Post
  #9  
Old 04-06-2007, 10:13 PM
DesertCat DesertCat is offline
Senior Member
 
Join Date: Aug 2004
Location: Pwned by A-Rod
Posts: 4,236
Default Re: Efficient Market Hypothesis


<a href="http://en.wikiquote.org/wiki/Warren_Buffett" target="_blank">[ QUOTE ]
“I’d be a bum on the street with a tin cup if the markets were always efficient.” Warren Buffett

[/ QUOTE ]</a>

His objections to the efficient market theory is best summed up by a speech he gave at Columbia Business School on May 17, 1984.
Reply With Quote