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Subject: ETF Connect

ETF Connect is a website sponsored by the Nuveen Investments and dedicated to the publication of free information on exchange-traded funds and closed-end funds.

The inefficient market

Free information has a time cost

By John Schroy, on April 21st, 2009 | One comment
Is Neuberger Berman

The Crash of 2008 showed that the Efficient Market Hypothesis was fantasy. Although there is a huge amount of free information about investments available on the Internet, this takes time to extract and understand and time has a cost.

With too much free information, the law of diminishing returns kicks in. Critical information passes unnoticed.

Technologies are now available that allow us to take advantage of free information more effectively.

April 21st, 2009 | Print Article | Email Article Email Article | Topics: , , , , , , , , , , , , | Category: New Economic Theory | One comment | Short url

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