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James Montier: Six Impossible Things Before Breakfast

January 21, 2010
David Merkel

guruek

80 followers
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.

JM.jpg


About the author:

guruek
David J. Merkel, FSA, CFA, is the Chief Economist and Director of Research of Finacorp Securities. His specialty is looking at the interlinkages in the markets in order to understand individual markets better. He holds bachelor’s and master’s degrees from Johns Hopkins University. In his spare time, he takes care of his eight children with his wonderful wife Ruth.

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