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Random walk hypothesis: - Key Takeaway, the market doesn't follow logic.
by blackflame7000 10y ago
Random walk hypothesis: - Key Takeaway, the market doesn't follow logic.
- gnicholas 10y agoTrue, but that typically doesn't apply to revelations of material new information. That's why unexpectedly bad/good news like earnings reports, production yields, churn, etc. generally move stock prices.