What is the meaning of Efficient markets theory (EMT)?

Principle that all assets are correctly priced by the market, and that there are no bargains.

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APABarry Goldsmith. (2010). efficient markets theory (emt). Retrieved September 27, 2026, from http://smartdefine.org/efficient_markets_theory_(emt)/definitions/1152791
ChicagoBarry Goldsmith. 2010. "efficient markets theory (emt)" http://smartdefine.org/efficient_markets_theory_(emt)/definitions/1152791 (accessed September 27, 2026).
HarvardBarry Goldsmith 2010, efficient markets theory (emt), Smart Define, viewed 27 September, 2026, <http://smartdefine.org/efficient_markets_theory_(emt)/definitions/1152791>.
MLABarry Goldsmith. "efficient markets theory (emt)" 21 October 2010. Web. 27 September 2026. <http://smartdefine.org/efficient_markets_theory_(emt)/definitions/1152791>