>"the market is rational on average" Goes along with the equally well-proven: "The market can remain irrational longer than you can stay solvent." Don't worr

>"the market is rational on average" Goes along with the equally well-proven: "The market can remain irrational longer than you can stay solvent." Don't worry this has no effect except for those times when people or governments are trying to become or remain solvent to begin with. Macroeconomics is not just big amounts of money, it's also big amounts of time.