Efficient Market Hypothesis

Burton Malkiel Bok

Investing in a market where people believe in efficiency is like playing bridge with someone who has been told it doesn’t do any good to look at the cards.

Warren Buffet

I’d be a bum on the street with a tin cup if the markets were efficient.

Warren Buffet

I have noticed that everyone who ever told me that the markets are efficient is poor.

Larry Hite

The more the theory of efficient markets is believed, the less efficient the markets become.

George Soros