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But that doesn't mean the stock market is completely efficient, or that "cap weighted indexes" — as traditional index funds are called — are perfect.
He got his Ph.D. in economics at MIT at a time when academic dogma decreed that the stock market is completely efficient and therefore unbeatable.
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Gioia Tauro and Izmir are found to be completely efficient, namely, both their CRS and VRS efficiency scores are equal to unity.
If markets were completely efficient, then past price movements should tell you nothing about the future.
Red dwarfs, however, because of convection, are completely efficient and will burn their entire supply of hydrogen.
If markets are completely efficient, then there cannot be a bubble from their standpoint.
Interventions were assumed to be completely efficient from their onset: no transmission occurred at burials and hospitals, and community transmission was reduced by a multiplier estimated by model fitting.
If all the countries studied were completely efficient, taking all 151 observations as a whole, their output levels would have increased by 112% for VCT, 65% for PMTCT, and 85% for ARV treatment (see Table A4 in Additional file 1).
As both genes in M0579 contain the NmeSI recognition sites and are relatively distinct from the homologs in other CC41/44 strains and the NmeSI recognition sites are not located within the region of possible recombination breakpoints, it is likely that the NmeSI system in M0579 has not been completely efficient in preventing the introduction of recognition site-containing sequences.
As the Cartesian FMM relations (28) were based on equation (26), the spherical harmonic FMM relations (3) are based on equation (47), which for ψ = | r | − 1 is completely equivalent but computationally more efficient.
To have something that is more flexible, more efficient and which is completely consistent with our strategy.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com