reo
1d ago
Depends upon which type of Efficient Market hypothesis you believe in:
- If you believe in Weak form EMH (all past information is there in the current price), then Technical Analysis is useless.
- If you believe in Semi-Strong EMH (all past and current public information is in the current price), then Fundamental Analysis is useless. But insider information (private information) is helpful in making profits, although it is illegal.
- If you believe in Strong form EMH (all past, current public and private information is there in the current price), then all analysis is useless.
If you are a practitioner, then you should be able to point out where it can really give an edge to a retail investor/trader (or please link to where you have already done so).
Do point how it will help in which area? Where do you drive cross-country in the world of investing/trading?
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