Is the efficient market hypothesis dead?

The efficient market hypothesis is taking a lot of heat. It's getting slammed in opinion pieces such as George Soros' "The three steps to financial reform" and articles such as Joe Nocera's "Poking Holes in a Theory on Markets."


What do YOU think? Did the efficient market hypothesis contribute to the current financial crisis? Answer the poll in this blog's right-hand column.

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Susan B. Weiner, CFA
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Copyright 2009 by Susan B. Weiner All rights reserved