"Markets can be wrong and the price is not always right"

Slí Eile05/08/2009

Slí Eile: Of relevance in NAMA-land, writing in yesterday's Financial Times Richard Thaler reports that the 'Efficient Market Hypothesis' is under strain. EMH rests on two pillars:
* The Price is Right
* No Free lunch
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Posted in: EconomicsFiscal policy

Tagged with: efficient market hypothesisNAMA


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