Mainstream economics and finance theories hold that markets immediately adjust to new information. While market prices do ...

Discover how price efficiency reflects available information in market prices, explore examples, and understand its limitations within financial markets.

Financial advisors face mounting challenges when searching for alpha as market concentration hits record highs and passive ...

In our last article entitled, "Intrinsic Value is Subjective," we presented decisive empirical evidence that directly falsified the Efficient Market Hypothesis (EMH). We showed that even under ...

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 ...

As 2026 begins, financial markets are experiencing a pivotal period marked by rapid technological advancement and an increasing awareness of the need for regulatory frameworks to evolve in tandem with ...

Switch button positioned on the word minimum, black background and blue light. Conceptual image for illustration of Risk management or assessment. The pursuit of market predictions by investors ...

Today's investors aren't just looking for money management—they demand personalized advice that aligns with their unique goals and life circumstances. For firm home offices, this creates a high-stakes ...

WASHINGTON, DC - NOVEMBER 28: Sen. Elizabeth Warren (D-MA) speaks during a protest in front of the Consumer Financial Protection Bureau (CFPB) headquarters on November 28, 2017 in Washington, DC. Sen.

A market maker is a firm or individual that helps facilitate the buying and selling of securities by providing liquidity. They do this by being ready to buy and sell at publicly quoted prices, which ...