Efficient Capital Markets Explained

Описание: In every one of my videos I tell you things that hinge on one of the landmark ideas in financial economics, the efficiency of the capital markets. As fundamental as market efficiency is to good financial decision-making, it is poorly understood by most investors.

Referenced in this video:
Efficient Capital Markets: A Review of Theory and Empirical Work - https://www.jstor.org/stable/2325486?...
Louis Bachelier's Theory of Speculation: The Origins of Modern Finance - https://www.amazon.com/dp/B007AIXHAA
Efficient Capital Markets - https://www.econlib.org/library/Enc/E...
On Persistence in Mutual Fund Performance - https://onlinelibrary.wiley.com/doi/f...
Eugene Fama - https://www.econlib.org/library/Enc/b...
Buffett's Alpha - https://papers.ssrn.com/sol3/papers.c...
Profitability, investment, and average returns - https://finpko.ku.edu/myssi/FIN938/Fa...

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