tag:blogger.com,1999:blog-19902038.post115143370841015005..comments2023-10-25T20:39:53.572+05:30Comments on Graham to Livermore, I want to be all: So long as we act inefficiently, the efficient market hypothesis will hold(?)Unknownnoreply@blogger.comBlogger5125tag:blogger.com,1999:blog-19902038.post-1151686517390702192006-06-30T22:25:00.000+05:302006-06-30T22:25:00.000+05:30Personally I do not believe in the EMH and would l...Personally I do not believe in the EMH and would like to believe that if one invests with patience and discipline outperforming the market is possible. <BR/><BR/>Asif: Thanks for pointing me to the article.<BR/><BR/>Tejee: Nice to know that.Ravi Purohithttps://www.blogger.com/profile/17616076999283569192noreply@blogger.comtag:blogger.com,1999:blog-19902038.post-1151596163849243192006-06-29T21:19:00.000+05:302006-06-29T21:19:00.000+05:30Efficient Market Hypothesis“I’d be a bum on the st...Efficient Market Hypothesis<BR/><BR/>“I’d be a bum on the street with a tin cup if the markets were always efficient.” - Warren BuffettAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-19902038.post-1151466180811586072006-06-28T09:13:00.000+05:302006-06-28T09:13:00.000+05:30Ravi,You might find it interesting that two studie...Ravi,<BR/><BR/>You might find it interesting that two studies done on stock performance over a period of two decades (1975 to 1997) found that the market generally underreacted to news of stock splits. This goes in the face of the EMH. <BR/><BR/>The second study was authored by Ikenberry and Ramnath and is called <I>"Underreaction to Self-Selected News Events: The Case of Stock Splits"</I>. I used the conclusions reached by these studies to pick Infosys and Logitech for the <A HREF="http://www.sinletter.com/archives/SINLetterJune2006.html" REL="nofollow">June edition of SINLetter</A>.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-19902038.post-1151438339017419792006-06-28T01:28:00.001+05:302006-06-28T01:28:00.001+05:30Oh BTW do you know you are being syndicated at Tej...Oh BTW do you know you are being syndicated at <BR/><BR/><A HREF="http://tejee.in" REL="nofollow">Tejee</A>Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-19902038.post-1151438280225432332006-06-28T01:28:00.000+05:302006-06-28T01:28:00.000+05:30RaviEMH was the reason that a lot pension funds an...Ravi<BR/><BR/>EMH was the reason that a lot pension funds and investors have moved money into S&P based indexes. These indexes are market cap weighted. There is a new type of indexing getting popular called fundamentat indexation. Look for web on it. Jeremy Seigel has also talked about it. Check for the ticker PRF and compare it with S&P :D<BR/><BR/>Tejee Tejee<BR/>http://tejee.inAnonymousnoreply@blogger.com