4 ms·
I suspect Eugene Fama would say it is priced exactly right.
by hidenotslide 9y ago
I suspect Eugene Fama would say it is priced exactly right.
- MsMowz 9y agoFama would say it's priced accurately given the known information about it, but he would also agree that the price should change as more information is discovered about the nature of bitcoin. The efficient market hypothesis isn't about the price being "right," it's about it reflecting the available information.