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does that mean that investment is fundamentally beholden to market inefficiency?
by convolvatron 3y ago
does that mean that investment is fundamentally beholden to market inefficiency?
- bordercases 3y ago“Market failure”, “Market gap”
- kuchenbecker 3y agoExploitation of a knowledge gap and existing market constraints.
- SV_BubbleTime 3y agoIf all you can think of are services, maybe. But the people that make things don’t agree.
- barrysteve 3y agono more than engineering is fundamentally beholden to imperfect science.
- MSFT_Edging 3y agoWe ship fruit from Argentina where it is grown, to Thailand to be packaged, to the United States to be consumed. While it may be efficient from the perspective of a spreadsheet, its inefficient due to the external costs, ie pollution from shipping, the delicate nature of just-in-time shipments, etc. Your fruit cup might cost a bit more if it was to be done all in one place, but I would call that a cost for a less fragile system.