Efficient Market Hypothesis is a theory that states that all known information about investment securities, like stocks, is already included into those securities’ prices. Therefore, in an efficient market, stock prices always perfectly capture how much the stock is really worth.

The truth of the matter is that something is...broken. The idea of simply toiling away and believing in this THEORY is more problematic than one realizes. I discuss this and another rant on the IDEA of credit scores and banking...