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Even though Efficient Market Hypothesis doesn't take into account some short-term subtleties and inconsistencies of human behavior, the insights it provides ten
by diedyesterday 9y ago
Even though Efficient Market Hypothesis doesn't take into account some short-term subtleties and inconsistencies of human behavior, the insights it provides tend to dominate in the long term, which seems to be the case here with Mr Buffet's winning bet.
- tpallarino 9y agoSo then how did Buffet make his money?
- Marazan 9y agoFundamental analysis, arbitrage plays and, starting out, investing other people's money with hugely favorable commission structure for himself.