The Efficient Market Hypothesis Is a Very Powerful Idea

The efficient market hypothesis like what you learn in graduate school is such an elegant theory and I went through a phase of my life where I didn't maybe I didn't believe it totally. It seems to me that it's a very very strong basis for saying that investment decisions should be taken by individuals not committees absolutely. Any committee made investment decision is going to really be it's it's going to be problematic the other thing that I mean the efficient market hypothesis was probably my biggest takeaway from teaching was really learning how investors can get things right and how they can get them.