Economics Questions

Re: Empirical rebuttal of EMH

Clayton — Thu, 12 Jul 2012 03:18:26 GMT

Wheylous is an unimpeachable source. If he says he was shoveling snow in the middle of freakin' winter for no good goddamn reason then, by god, he was. And Miss Kenya gave him hot chocolate (or was she the hot chocolate?) I'm confused now.

Clayton -

Re: Empirical rebuttal of EMH

John James — Thu, 12 Jul 2012 03:01:38 GMT

Rcder:
My knowledge of the efficient market hypothesis is sketchy, but I thought that the EMH states that the actions of each individual participant in a market will, on average, be equal to the "true value" of the asset they're bidding for

Efficient Markets Hypothesis (EMH) links

Re: Empirical rebuttal of EMH

Rcder — Thu, 12 Jul 2012 02:20:59 GMT

Also, I agree with Autolykos. Pics are needed.

Re: Empirical rebuttal of EMH

Rcder — Thu, 12 Jul 2012 02:20:27 GMT

My knowledge of the efficient market hypothesis is sketchy, but I thought that the EMH states that the actions of each individual participant in a market will, on average, be equal to the "true value" of the asset they're bidding for (I'm assuming that true value is a synonym for, say, a factor's DMVP in final equilibrium). In this case John James's actions (making the threads) would be an outlier and the actions of the other individuals (not making the threads) on the Mises forums would average together with his and would be equal to the true value of the low-content threads. Take this with a grain of salt; EMH is certainly not something I profess any expertise on.

Re: Empirical rebuttal of EMH

Autolykos — Wed, 11 Jul 2012 12:21:59 GMT

Pics or it didn't happen.

Re: Empirical rebuttal of EMH

Wheylous — Wed, 11 Jul 2012 09:58:18 GMT

Clayton - If you swing by the DC area any time soon, let me know :P I don't think I can come out to the Northwest anytime soon.

Re: Empirical rebuttal of EMH

Wheylous — Wed, 11 Jul 2012 09:56:32 GMT

I met Miss Kenya once. I was shoveling random people's snow to help them out without them knowing and I got invited in for hot chocolate with Miss Kenya. Pretty cool :D

Re: Empirical rebuttal of EMH

Clayton — Wed, 11 Jul 2012 09:01:00 GMT

@Wheylous: Let's meet... drinks on me!

Re: Empirical rebuttal of EMH

John James — Wed, 11 Jul 2012 08:55:14 GMT

What can I say, kid gets around

Re: Empirical rebuttal of EMH

Clayton — Wed, 11 Jul 2012 08:39:30 GMT

Damn. Where do you even meet a Miss Universe contestant?

Clayton -

Re: Empirical rebuttal of EMH

John James — Wed, 11 Jul 2012 08:37:20 GMT

Well he did introduce me to the Miss Universe contestant I just bedded last week. So I guess you might say there's a unique bond there.

Re: Empirical rebuttal of EMH

NonAntiAnarchist — Wed, 11 Jul 2012 08:25:27 GMT

I swear you two have something going on.

Re: Empirical rebuttal of EMH

Wheylous — Wed, 11 Jul 2012 07:37:23 GMT

I was away for 10 days. Now I'm back WACKIER than ever!

Re: Empirical rebuttal of EMH

John James — Wed, 11 Jul 2012 06:55:46 GMT

Welcome back, Whey Whey.

Re: Empirical rebuttal of EMH

ThatOldGuy — Wed, 11 Jul 2012 06:35:34 GMT

He consistently beats the market.

Challenge.