In such volatile, inefficient markets, Fidelity has no equal in terms of analysts on the ground, analytical strengths, trading savvy and portfolio know-how.
All of which pretty much shoots down the contention that there are those inefficient markets in which excess returns can be gained.
FORBES: Investing in Inefficient Markets and the Efficient Markets Hypothesis
However, that does not mean you should stay out of the market, with heightened volatility comes inefficient markets and that brings a lot of opportunity.
That is, inefficient markets are, almost by definition, small markets.
FORBES: Investing in Inefficient Markets and the Efficient Markets Hypothesis
There are most certainly inefficient markets here.
FORBES: Investing in Inefficient Markets and the Efficient Markets Hypothesis
However, what the WSJ then points out is that if this were so then those funds investing in those inefficient markets should be beating the general market: and while certain funds do do so, no class of funds does so regularly.
FORBES: Investing in Inefficient Markets and the Efficient Markets Hypothesis
The effect in the tropics should be even greater due to the inefficient nature of markets for tropical forests and forest products.
New York also has active trading in companies whose home markets are inefficient for one reason or another.
FORBES: Why the world would be better off with one big stock market.
Nothing in the euro zone's history suggests the offer of blank checks, whether from the ECB or bailout funds, will do anything other than buy time time that will be squandered rather than used to address deep structural problems arising from inflexible labor markets, inefficient bureaucracies and unaffordable welfare systems.
They are constantly on the lookout for markets that are inefficient or areas that offer excess returns.
Indeed that bias, along with other psychological tics identified by academics, may be a reason why markets are ultimately inefficient.
This is a conflict of interest that provides a huge incentive for Goldman to take advantage of its superior position of knowledge by sharing as little information as possible with either counterparties or clients in order to gain a trading advantage that, it turn, promotes inefficient and volatile or disorderly markets.
"The Japanese market tends to be more inefficient than the American and European markets, " says Jean-Marie Eveillard, who manages several First Eagle funds.
Oscar Espinoza, an economist booted out of the central bank for reformist error, says state farms are still so inefficient that 85% of the produce at markets is grown by private farmers with 15% of the arable land.
Many of our problems derive from inefficient, oppressive, and counterproductive regulation of credit markets.
FORBES: Hey La, Hey La, Supply Side's Back: The New A-Team Arrives
This Sarkozy trade, as it is sometimes known in the markets, was an indirect (if inefficient) means for the ECB to support sovereigns.
Assume the markets are neither entirely efficient nor entirely inefficient.
When markets and their supporting mechanisms are grossly inefficient.
FORBES: Lack Of Authenticating Expert Renders Valuable Artwork Practically Worthless
As a result of price movements, movements in prices in the futures markets, we have a move from inefficient methods of using grain like the production of bacon to more efficient methods of use.
FORBES: The Coming Bacon Famine And The Glory Of Speculation In Food
Inefficient market advocates say there are ample opportunities to exploit markets over the long-term and point to Warren Buffett as proof.
Some of it is lost to inefficient harvesting, storage and transportation, while the rest is wasted by markets or consumers.
It raises memories of wildly inefficient state-owned enterprises (SOEs) and bureaucrats who are out of touch with markets and sit in their offices making up numbers.
The reasoning behind this strategy stems from the belief that parts of the financial markets are efficient and should be invested in with index funds while other parts are inefficient and this where active management is fruitful.
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