Clearer Thinking with Spencer Greenberg cover image

History and Longevity (with Will Eden)

Clearer Thinking with Spencer Greenberg

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Rethinking Market Efficiency

This chapter examines the efficient market hypothesis (EMH) and its implications on investment strategies. It highlights growing skepticism around EMH, especially after recent market events, while contrasting active trading with passive investment approaches. The discussion spans market dynamics, psychological factors affecting investor behavior, and the challenges of achieving favorable outcomes in a complex investment landscape.

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