3 ms·
> "Markets can remain irrational longer than you can remain solvent." That is absolutely correct. However, an equally correct statement is: Whenever you think
by darawk 7y ago
> "Markets can remain irrational longer than you can remain solvent."
That is absolutely correct. However, an equally correct statement is: Whenever you think the market is being irrational, you just don't understand the situation well enough.
So, if you think you can read some blog posts and determine that a freely trading financial market is being irrational...well, it's not the market that is irrational.