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I find it cumbersome to typeset , “the expectation of x”, in LaTeX. I’ve simplified the code a little. First, include these lines in the header of your document: usepackage{amsmath} usepackage{amsfonts} newcommand{e}[1]{{mathbb E}left[ #1 right]}…

Here’s a list of things that the Efficient Market Hypothesis does not say: All traders are rational investors The stock market is predictable The stock market is a safe investment Regulation is a bad thing…