What the kids are learning
May 29th 2007 16:07
"The implication [of the Efficient Market Hypothesis] for the investor is that it is almost impossible to "beat the market."
12th Grade Economics Text Book, Economics, 2000
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This is like teaching Creationism is the sole truth whereas Darwinism is pure farce and vice-versa. This is pure indoctrination and the idea that kids should be taught how to think is questionable here. After all the market involves so much thinking but the kids are taught the one way street.
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