Following the recent market disruptions, many market thought leaders have called into question the validity of the efficient market hypothesis (EMH)...
Following the recent market disruptions, many market thought leaders have called into question the validity of the efficient market hypothesis (EMH). Behavioral finance identifies certain inefficiencies and irrational actions through observable behaviors. Christopher Malloy helps contrast the EMH and behavioral finance and discusses how investors can think about an inefficient market.
The Take 15 Series is a series of short interviews with leading practitioners on timely topics focused on the investment profession.