2 ms·
Actually markets are efficient, they just aren't maximally efficient.
by quixoticelixer- 6y ago
Actually markets are efficient, they just aren't maximally efficient.
- kohlerm 6y agoThat is like saying that Bubblesort is efficent because it is more efficient than https://en.wikipedia.org/wiki/Bogosort https://en.wikipedia.org/wiki/Bogosort :-) Unless you come up with an upper bound of efficiency loss your statement is IMHO pretty meaningless.