If you can show an inefficient market experimentally whenever you want, that's good enough to disprove EMH. The EMH doesn't say, "All information is normally factored into the price, except for technicalities."
I like your drug trial example but a "hypothetical ideal expert" isn't assured to exist. Do you have an existence proof?
On the other hand, unique prime factorization is assured, we know that given infinite time anyone can factor any large number.
I like your drug trial example but a "hypothetical ideal expert" isn't assured to exist. Do you have an existence proof?
On the other hand, unique prime factorization is assured, we know that given infinite time anyone can factor any large number.