While we are talking about James Montier, our columnist Miguel Barbosa of http://www.simoleonsense.com/ posted a link to a James Montier video. Montier delivered the speech during a UK CFA event last year.
In the speech he criticized EMH, or “The Efficient Market Hypothesis”, a theory opposite to value investing.
You can read a good write up about the speech here or watch the video by click on the following picture.
The speech is 42 minutes long, but worth the watching.
In the speech he criticized EMH, or “The Efficient Market Hypothesis”, a theory opposite to value investing.
You can read a good write up about the speech here or watch the video by click on the following picture.
The speech is 42 minutes long, but worth the watching.
