Fama is captain of Team Efficient Markets and Thaler is captain of Team Behavioral Finance. Each represents conflicting academic market philosophies that have been warring for years. Market efficiency ...

The informational efficiency of stock prices is not only empirically disproven; it is a theoretical impossibility. The Knowledge Problem, as articulated by Friedrich Hayek, renders the Efficient ...

I began this article with the goal of addressing an academic notion, the efficient-market hypothesis, or EMH. My research dissuaded me. In one University of Chicago article, a faculty member questions ...

The dramatic rise in passive investing has not been without controversy. Wall Street has ridiculed it for years because the price discovery efforts of active managers help ensure that prices correctly ...

The financial markets have undergone a significant transformation in recent years, driven by advancements in technology and functional developments in trading protocols. Innovations in liquidity and ...

Experts urge efficient, investor-friendly capital market Policy continuity, streamlined IPOs deemed essential Balanced oversight needed for non-listed firms Shift from bank loans to market funding The ...

SÃO PAULO, Brazil, November 20, 2025 (EZ Newswire) -- VERT Capital and UISA have issued Brazil’s first Agribusiness ...