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Sprache: Englisch
Verlag: World Scientific Publishing Co Pte Ltd, 2020
ISBN 10: 9811208352 ISBN 13: 9789811208355
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Sprache: Englisch
Verlag: World Scientific Publishing Company, 2020
ISBN 10: 9811208352 ISBN 13: 9789811208355
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Sprache: Englisch
Verlag: WORLD SCIENTIFIC PUB CO INC, 2020
ISBN 10: 9811208352 ISBN 13: 9789811208355
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Kartoniert / Broschiert. Zustand: New. KlappentextThis book is about an intellectual fraud, one that has become part of legal doctrine that has greatly influenced decisions all the way up to the United States Supreme Court. The efficient market hypothesis (EMH), born from t.
Sprache: Englisch
Verlag: World Scientific Publishing Company Mär 2020, 2020
ISBN 10: 9811208352 ISBN 13: 9789811208355
Anbieter: AHA-BUCH GmbH, Einbeck, Deutschland
Taschenbuch. Zustand: Neu. Neuware - This book is about an intellectual fraud, one that has become part of legal doctrine that has greatly influenced decisions all the way up to the United States Supreme Court. The 'efficient market hypothesis' (EMH), born from the Random Walk theory, started out as an honest attempt to improve insights into how financial markets work, but eventually became almost a religion that every financial economist had to buy into, or risk professional crucifixion. The EMH began over a half century ago. It posits that share prices reflect all available market information, and that it is impossible to consistently outperform the market. This theory dominated research in the academic financial community from the outset, and has continued to do so for decades. Meanwhile, the evidence for above-average profit-making opportunities in the markets has been unfairly suppressed.