Rating is available when the video has been rented.
This feature is not available right now. Please try again later.
Uploaded on Aug 24, 2011
The CAPM and EMH stick to the neoclassical script of believing that the economy and finance markets are stable, at or near equilibrium, and on this basis argue that "you can't beat the market". But there is an alternative view, far more aligned with the actual data, that says that markets are chaotic, far from equilibrium systems, and for that reason it's very hard to beat the market.