Believe Quote by Burton Malkiel

The market is incredibly inefficient and capable on rare occasions of being utterly dysfunctional. And people have a really hard time getting their brain…

— Jeremy Grantham

I have noticed that everyone who has ever tried to tell me that markets are efficient is poor.

— Larry Hite

“The adjective “efficient” in “efficient markets” refers to how investors use information. In an efficient market, every titbit of new information is processed correctly…

— Alan S. Blinder

I don't entirely reject the idea of efficient markets. It needs updating.

— Andrew Lo

You have to understand as a marketer that consumers are functioning in the age of efficiency.

— Mitch Joel

Investing in a market where people believe in efficiency is like playing bridge with someone who has been told it doesn't do any good…

— Warren Buffett

Markets have built in inefficiencies, serious inefficiencies which are well known.

— Noam Chomsky

Efficiency is doing better what is already being done.

— Peter Drucker

The efficient market theory is one of the better models in the sense that it can be taken as true for every purpose I…

— Eugene Fama

As an economy measures performance in terms of the creation of money, people become a major source of inefficiency.

— David Korten

Efficiency innovations are a natural part of the economic cycle, but these are the innovations that streamline process and actually reduce the number of…

— Clayton Christensen

Creating efficiencies in private markets is a huge win for the economy.

— Joe Lonsdale