I Think It Might Be Time To Buy TASR

[David Sklansky]

"And methinks David misunderstands EMT. Strong EMT says that the current price is the markets best estimate of value under weighted future scenarios, i.e. the market includes all information and comes to the best possible conclusion on price, so according to EMT, David's insights can provide no edge."

Obviously I was referring to what you call the weak form. The fact that on average, a stock is evaluated properly. So if you think that there is one aspect of a company that is being evaluated incorrectly, you can still assume that the other aspects are being evaluated correctly on average. This works with horses, sports and other things so I see no reason it wouldn't work with stocks.