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>There's no reason to think Markopolos won't profit if the accusations are bogus, because he profits from the market reaction, not from the actual merits of the
by Excel_Wizard 7y ago
>There's no reason to think Markopolos won't profit if the accusations are bogus, because he profits from the market reaction, not from the actual merits of the accusations.
The strength of the market reaction is contingent upon the strength of his claims.
- rando444 7y agoI'd like to recommend the book: The Myth of the Rational Market by Justin Fox