While an efficient market reflects all known information related to a particular stock, an inefficient market is the opposite—one in which prices do not necessarily reflect all available ...

That’s because market efficiency in essence relies on the ... It’s important to stress, as Asness does, that increasing ...

“There has been a lot of criticism of ETFs and how they are making the world inefficient,” Clare said. “We find the opposite. They are making the market more efficient rather than more ...