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Theefficientmarketshypothesis(EMH)arguesthatmarketsareefficient,leavingnoroomtomakeexcessprofitsbyinvestingsinceeverythingisalreadyfairly ...,Inbrief,EMHstatesthatinanefficientmarket,stocksincorporateinstantlyallpubliclyavailableinformationuseful...
Efficient Markets Hypothesis
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TheEfficientMarketsHypothesisisaninvestmenttheoryprimarilyderivedfromconceptsattributedtoEugeneFama'sresearchwork.
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