Efficient Market Hypothesis

GPTKB entity

Statements (26)
Predicate Object
gptkbp:instanceOf gptkb:economic_policy
gptkbp:abbreviation gptkb:EMH
gptkbp:category financial economics
investment theory
gptkbp:criticizedFor gptkb:Richard_Thaler
gptkb:Robert_Shiller
gptkbp:describes asset prices reflect all available information
gptkbp:field economics
finance
gptkbp:form semi-strong form
strong form
weak form
https://www.w3.org/2000/01/rdf-schema#label Efficient Market Hypothesis
gptkbp:implies impossible to consistently outperform the market
gptkbp:influenced index fund investing
passive investment strategies
gptkbp:opposedBy market anomalies
bubbles and crashes
gptkbp:proposedBy Eugene Fama
gptkbp:publishedIn gptkb:Journal_of_Finance
gptkbp:relatedTo behavioral finance
random walk theory
gptkbp:yearProposed 1970
gptkbp:bfsParent gptkb:Portfolio_Selection
gptkb:Adaptive_Markets_Hypothesis
gptkbp:bfsLayer 6