This is the first anniversary of the blog, and as it happens I’ve just finished 3 months of posts on one subject and am about…
Tag: financialmarkets
A summary of this section of the blog.
A forensic examination of a stylised company’s balance sheet, to show that business saving should, in fact, be the true source of investment.
How the efficient market hypothesis justified deregulation of financial markets, leading the to the extreme chaos, inefficiency and instability we see in these markets today.
Why the Efficient Market Hypothesis is wrong, and therefore why markets always price financial assets incorrectly.
An explanation of the “Efficient Market Hypothesis” – the belief that markets will always price financial assets correctly.
What is the “fundamental value” of a financial asset?