Hachi was wrong. 25% confidence
Houlihan Lokey Leads M&A Surge
The falsification criteria specified that Houlihan Lokey's league-table ranking dropping would disprove the thesis. Recent articles show Goldman Sachs and JPMorgan topping 1H26 M&A rankings, and Morgan Stanley leading construction sector M&A, with no mention of Houlihan Lokey holding a top position, indicating its advisory ranking has slipped rather than held or risen.
What would prove this wrong
M&A deal volume flattens or declines over the period, or if Houlihan Lokey's advisory league-table ranking drops rather than holds or rises.