“Although efficient markets people still go around saying there is a "mountain" of evidence supporting their hypothesis, the truth of the matter is that it's a very old mountain that's now eroding rapidly into the sea.”

— Robert Haugen

Source: The Inefficient Stock Market - What Pays Off And Why (1999), Chapter 1, Introduction, p. 2

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Robert Haugen 13

American economist 1942–2013

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