2 ms·

Markets are efficient because you cannot effectively predict how long emotion, greed, and irrationality will drive the bus before rationality once again prevail

Markets are efficient because you cannot effectively predict how long emotion, greed, and irrationality will drive the bus before rationality once again prevails.

charlesdm 10y ago
That makes no sense at all to me. How does that make them efficient?
- gnaritas 10y ago
  Efficient essentially means random.