my question is why does it seem like there is so much backing Efficient market theory when there is a ton of other theories like there are 3 types of efficiency theory ..... and rondom other one but why do people place so much weight on efficient market theory is it because there are so many long term buy and hold guys out there?
"It is difficult to get a man to understand something when his salary depends upon his not understanding it." -- Upton Sinclair