2min chapter

Michael Covel's Trend Following cover image

Ep. 1143: Three Trend Minds with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

CHAPTER

How George Soros and David Harding View the Efficient Market Hypothesis

John Paulson: How did these great traders, these great managers with such different styles? And I'm thinking in particular in this work, George Soros and David Harding are pretty dogmatic about, hey, the efficient market hypothesis is fill in the blank, bad word. A lot of these guys at the same time, they were sympathetic to this view that yes, there is a scope to have edge, but very efficient to exploit these marketing efficiencies. That's sort of another interpretation of the title.

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