http://truthonthemarket.com/2009/10/08/nobel-odds/ Academic commentary on law, business, economics and more Sat, 02 Jun 2012 12:17:14 +0000 hourly 1 http://wordpress.com/ http://truthonthemarket.com/2009/10/08/nobel-odds/#comment-7844 Sat, 10 Oct 2009 01:06:46 +0000 http://www.truthonthemarket.com/?p=2730#comment-7844 I’m hoping Fama wins and destroys whatever credibility the “Nobel Prize” in economics has left. EMH is a perfect example of an elegant model that has been blindly defended by academic economists despite all the disconfirming real world evidence – Warren Buffett, Edward Thorp, Jim Simons, 1987 crash, internet bubble, GFC, etc etc.

]]>