The Efficient Market Theory Hypothesis

"There's no explanation inside the efficient market theory for October 2008," he says. "It's just kind of like, oh, let's just put that one over here." The best thing people can do with their money is to go into a low cost mutual fund and wait until they see an average return on investment in 20 or 30 years., Pophis theorists would recommend as well. 'No one should try to beat the market because it can't be beat,' writes David Frum.

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