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No, advocates cite improved "price discovery". You know, the only rational reason why stock markets exist in the first place.
by gizmondo 6y ago
No, advocates cite improved "price discovery". You know, the only rational reason why stock markets exist in the first place.
- alisonkisk 6y agoMarkets also exist for capital allocation.
- gizmondo 6y agoYes, and in order to have efficient capital allocation, you need price discovery.