4 ms·
Markets don't go irrational? Ever heard of the Tulip bulb craze or the dotcom bubble? In fact, one could argue that markets are fundamentally irrational since
by omarchowdhury 9y ago
Markets don't go irrational? Ever heard of the Tulip bulb craze or the dotcom bubble?
In fact, one could argue that markets are fundamentally irrational since no one has perfect information!
The only rationality is the reaction to change!
- dsacco 9y agoThe evidence for the Tulip bulb "bubble", while oft-cited, is actually questionable.