A Brief History of the Efficient Market Hypothesis

Prior to viewing the video below, I suggest you read these three posts (in this order):

The kinda-eventually-sorta-mostly-almost Efficient Market Theory (November 20th, 2004)

• Random Walk and Outperforming Fund Managers (July 19th, 2006)

• How Shiller helped Fama win the Nobel (October 26th, 2013)

In 2008, Eugene Fama made a video for the American Finance Association on the history of the efficient markets hypothesis.

Hat tip The Grumpy Economist

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