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> the standard that has historically proven to be the best one, i e. the market. Well, the market isn't the best standard, it's the only one. The market is the
by Udik 6y ago
> the standard that has historically proven to be the best one, i e. the market.
Well, the market isn't the best standard, it's the only one. The market is the price. That doesn't mean it's reasonable (otherwise bubbles wouldn't exist).
- nickik 6y agoWell, you an also look at expert predictions and many other things. Generally the market performs better then those. So on avg, if you disagree with the market you are likely wrong.
- Udik 6y agoIn what sense the market performs better than expert predictions? Isn't it like saying that the weather performs better than the forecasts?