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The Sad Truth Is That It Is Precisely Those Who Disagree Most With The Hypothesis Of Efficient Market Pricing Of Stocks, Those Who Pooh-pooh Beta Analysis And All That, Who Are Least Able To Understand The Analysis Needed To Test That Hypothesis.
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The Sad Truth Is That It Is
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Paul Samuelson
The Sad Truth Is That It Is Precisely Those Who Disagree Most With The Hypothesis Of Efficient Market Pricing Of Stocks, Those Who Pooh-pooh Beta Analysis And All That, Who Are Least Able To Understand The Analysis Needed To Test That Hypothesis.
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