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Markets, especially equity markets, "work" when all available information is taken into account. Information, like first-party reports from the world's leading
by listenallyall 5y ago
Markets, especially equity markets, "work" when all available information is taken into account. Information, like first-party reports from the world's leading consumer goods companies, that they are planning to raise prices, or have already begun to do so. But you've already said you don't pay attention to that nonsense. Arb works great, until it doesn't. Go ask LTCM.