Ep. 1145: Good Morning Vietnam with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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The Efficient Market Hypothesis
Benjamin Graham: I want to toss out a phrase that everyone hears and you know, near and dear to you, the efficient market hypothesis. So we have on one side of the equation, in my mind, I can see a Eugene Fama on oneside of the equation. On the other side, I cansee people like Benoit Menobrat. He says it's two camps that just see the world very differently.Graham: Is it Ben positioned as being more different than it really is? People certainly feel very differently about it.
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