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Lindley Estes is a business writer for The Free Lance-Star and Fredericksburg.com. This blog is on Fredericksburg-area business. Send an e-mail to Lindley Estes.

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Is the market efficient?

Here is an interesting article from Portfolio.com on the efficient market theory and the money management profession in general. Anyone trying to decide whether active or passive investments work best should check it out. It’s written by Michael Lewis, the author of “Liar’s Poker,” “Moneyball,” “The Blind Side” and other popular books.

Permalink: http://news.fredericksburg.com/businessbrowser/2008/01/01/is-the-market-efficient/