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I'm looking for a Buffett quote...


Guest deepValue
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Guest deepValue

When talking about the Efficient Market Hypothesis, Buffett said something along the lines of 'it's a lot easier when your opponents have decided it's pointless to even try.' Does anyone know the exact quote?

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When talking about the Efficient Market Hypothesis, Buffett said something along the lines of 'it's a lot easier when your opponents have decided it's pointless to even try.' Does anyone know the exact quote?

 

You have probably seen Warren's article on the "The Superinvestors of Graham-and-Doddsville,' but if not enjoy,

 

http://www4.gsb.columbia.edu/null?&exclusive=filemgr.download&file_id=522

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