4 ms·
I just want to point out that "Companies are inefficient, but they get away with it because the market is even more inefficient." is not at all what GP wrote.
by istjohn 7y ago
I just want to point out that "Companies are inefficient, but they get away with it because the market is even more inefficient." is not at all what GP wrote.
- 317070 7y agoMomentum and delay is a market inefficiency. The most efficient market is instantaneous.