Kindly Stop Saying The Efficient Market Hypothesis is Dead

There are whispers that the Efficient-Market Hypothesis (EMH) is dead.

Smart people say the EMH may have been the real victim of the coronavirus. These people, or their friends, were able to get ahead of the recent market crash. They sold stocks before the market reacted, or shorted them, or bought ‘put’ options, and made handsome profits.

They beat the market without having any special information! They were reading the same news and reports as everyone else. They made a profit by acting on public information that was right there for anyone to see. And so, the EMH is dead, or dying, or at the very least, has a very nasty cough.

I say this is wishful thinking: rumours of the death of efficient markets are greatly exaggerated.

Minimalist Fitness: Lost Art of Calisthenics

Minimalist Fitness: The Lost Art of Calisthenics

Calisthenics is—in my totally unbiased opinion—the king of all exercises.

This ancient artform has been practiced and refined by soldiers and athletes for thousands of years. It builds a foundation of strength, kinesthetic awareness, and mobility that carries over to any other physical activity: fighting, climbing, lifting, sex, dancing, sports, yoga, gymnastics.

It costs next to nothing, gives a maximum of results with a minimum of time and effort, and crucially to our current situation, is about as minimalist as it gets…

how to profit from coronavirus: investing through the pandemic

How to Profit From Coronavirus

There are a couple of cheap/free options you can to take out to limit the near-bottomless downside risk of COVID-19. I mentioned them in the last post, but they’re time-sensitive; hopefully you took those steps before the panic-buying began.

Now it’s time to think about the upside. When a black swan flaps its wings, great risks and opportunities swirl out of the same chaos.

So: what would it take to not just weather this situation, but profit from it?