2 ms·
No one makes the claim that short term price changes are rational. They are bets made by humans - very flawed biased humans. ... but if you can be more ration
by koheripbal 7y ago
No one makes the claim that short term price changes are rational. They are bets made by humans - very flawed biased humans. ... but if you can be more rational than them, then you can make a lot of money in the long term.
... but I find that most people who complain about irrational markets lack the conviction to bet against it.