ESRogs comments on The EMH Aten’t Dead

[ESRogs]

The EMH Gets Stronger With Every Attack

In case you weren’t aware, this point has been made here before, in a classic old post: Markets are Anti-Inductive.

[Richard Meadows]

Thanks, nice post. I like ‘anti-inductive markets’, not least because it doesn’t come with all the confusing connotations of ‘efficient’.