Not much of an investment strategy

Reader comment on: The Efficient Markets Hypothesis Comeback
in response to reader comment: I don't understand

Submitted by ben (United States), Apr 14, 2010 21:20

I watched the video you linked to, and towards the end Fama says that there is no way to beat the market. A person should have a portfolio with items of various risk and that is all he can do. Nobody can "beat" the market because they are efficient. At least he is consistent, but it sure doesn't seem like this jives with reality.

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Other reader comments on this item

Title By Date
DFA's success is a problem for efficient markets theory, not proof of it [121 words]Justin FoxApr 14, 2010 18:34
The theory works except when it does not. [87 words]LyleApr 14, 2010 18:32
I don't understand
[w/response] [248 words]		benApr 14, 2010 15:44
↔ ⇒ Not much of an investment strategy [64 words]benApr 14, 2010 21:20

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