The Efficient Market Hypothesis

CNBC has been very generous in allowing me to post guest blogs on their new "Million Dollar Buzz Blog" site. This is in conjunction with the regular appearances I have been making on their "How To Win" show.

My latest post went up today. You can view it at:

http://www.cnbc.com/id/18021539

As before, you will need to be registered with CNBC.com in order to fully read my post. I think this is one of my most interesting financial posts, because I attempt to compare the "efficient market hypothesis" skeptics (who do not believe that market forecasting is really possible) with the schools of thought among traders and market forecasters -- who earn their living predicting the markets (if they can).

Also, I compare the debate concerning the possibility of making consistently accurate financial forecasts with the debate as to whether or not ESP exists. There are many interesting parallels. And, in the future, I hope to explore this area even more fully.

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