The efficient markets theory is that unregulated markets are efficient and rational.

效率市场理论认为不受调控的市场才是有效且理性的。

youdao

So, as a supporter of the efficient markets theory, I thought for sure the market would fall down laughing.

因此，作为一个自由市场理论的支持者，我确信市场将可笑的下跌。

youdao

I believe it's clear that it is and that people who do so are people who understand more than the core efficient markets theory.

很明显，能够做到这一点的人必然了解到，比有效市场假设更深层的东西。

youdao

I believe it's clear that it is and that people who do so are people who understand more than the core efficient markets theory.

很明显,能够做到这一点的人必然了解到,比有效市场假设更深层的东西

耶鲁公开课 - 金融市场课程节选

Then I want to go to the efficient markets theory.

这之后我会讲讲有效市场假设

耶鲁公开课 - 金融市场课程节选

Efficient markets" is a theory about-- well it came in about three decades ago, maybe it's closer to four decades ago-- it's a theory that financial markets work very well and incorporate information very well.

有效市场是...,大约三十年前,甚至四十年前,有人提出了这一假说,他认为金融市场运行良好,而且信息披露全透明

耶鲁公开课 - 金融市场课程节选

Malkiel was in essence embracing the efficient markets theory that says fund managers as a group cannot outperform the market, so investors who pay big commissions and other management expenses are cheating themselves.

FORBES: About Burton Malkiel

At the other end of the spectrum are proponents of modern portfolio theory and efficient markets, academicians like Burton Malkiel of Princeton University and Eugene Fama of The University of Chicago.

FORBES: Five Small-Cap Gems