Conservative Economic Commentary

GZM is not key to Nov election, but it's a piece in puzzle of who is Barack Hussein Obama. What the MSM wouldn't tell us, he has. #tcot >>
FNews: Dick Morris sez that Hillary's trashing of O's performance is her 1st step. She'll have to make her move in early 2011. #tcot >>
Obama sez ppl call him a dog. He's like a one-trick dog I had. Only would do one trick over & over. O's speech trick is getting boring. >>
@edlives Few people, including me, understood how truly incompetent he really is. He's not even a smart politician like Clinton. >>
@MoonbatPatrol I knew a guy that would spend all day writing his signature. They had to take him away. True. >>

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

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.

More » Free information has a time cost