vikas

Mithras Capital Proposes Microsoft/Yahoo Compromise

Mithras Capital thinks Microsoft is a DODO?

Temporarily Bullish on Microsoft

Dear Marcel,
It seems by efficient market theory we understand different things. What I understand from EMT is that since the market participants are very intelligent and rational, the prices of all the securities in market reflect all the known knowledge about the companies. If we follow this than all the securities are priced 'fairly' at all times. What I am contending is that this does happen most of the times but not all the times and one can indeed beat the market fairly consistently if he is willing to put efforts and resist the urge of action.

Temporarily Bullish on Microsoft

Dear Marcel,
Can you point out, where am I describing the efficient market working flawlessly? The entire essence of the article is that microsoft is mispriced by market due to the uncertainty and lack of interest.