efficient market theory

基本解释

We now know that the efficient market theory is for the birds, and that market failures can have devastating consequences for wide sectors of the public.
我们现在都已知道，有效市场理论只能用来骗骗白痴，市场失灵可能给广泛的公共部门造成毁灭性的后果。
The answer to this conundrum, which is at the heart of efficient market theory, is that valuation is not a useful guide to stockmarket direction over the short term.
作为有效市场理论的中心思想，这个难题的结论是短期内，市场估值对于指引股市的方向并不十分有用。
It will be the theme song for the next financial market disaster, too, because efficient market theory, the set of assumptions that underpins these events, just won't die.
正因为支撑这些事变的一整套有效市场投资理论的假设不死，这句话同样也会成为未来的金融市场灾害的主调。

Research Chairman Eisenstadt takes great satisfaction in having proved to adherents of the efficient market theory that the market can, in fact, be beaten.
FORBES: Magazine Article
At first glance, it may be easy to see a number of deficiencies in the efficient market theory, created in the 1970s by Eugene Fama.
FORBES: by Jason Van Bergen
The academic concept of efficient market theory—that prices already reflect all available information—has led to the creation of index-tracking funds that allow investors to own a diversified portfolio at very low cost.
ECONOMIST: Investment management