I think that the efficient market theory offers one of the truest views of the markets.

我认为有效市场理论是其中一个能真实地反映市场的理论。

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In the basic frame of the modern mainstream financial theory, the Efficient Market theory has important positions.

在现代主流金融理论的基本框架中，有效市场理论具有重要的地位。

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At the academic level, the very concept of market timing is called into question by those who believe in the efficient market theory.

在学术层面上，择时交易受到那些相信有效市场理论的人质疑。

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Research Chairman Eisenstadt takes great satisfaction in having proved to adherents of the efficient market theory that the market can, in fact, be beaten.

FORBES: Magazine Article

At first glance, it may be easy to see a number of deficiencies in the efficient market theory, created in the 1970s by Eugene Fama.

FORBES: by Jason Van Bergen

Perhaps this is because investors are not the perfectly informed paragons found in efficient-market theory.

ECONOMIST: A must-read on the origins of the crisis