MARKET EFFICIENCY: Diversification remains the best bet by Ron Copley, Ph.D, CFA, LOL contributing writer
Irma caused incredible devastation, but it also presented an excellent opportunity to discuss the most important factor driving stock prices: the speed in which information is reflected in current valuations. Financial theorists have long discussed the matter called “Efficient Market Hypothesis.” The efficient view is stock prices immediately reflect full information. The inefficient view is […]