[Split Thread] Are markets rational?

Quote:

Originally Posted by Fast Eddie B (Post 13990740) The “Efficient Market Hypothesis” would have the stock “fairly valued” at $124 a share. Over valued or under valued only make sense from a historical perspective. I could go into more detail and why I hold to the hypothesis but Google is your friend.

But the "Efficient Market Hypothesis" is nonsense.

via International Skeptics Forum https://ift.tt/fe6XZjI