4 ms·
"nobody knew" doesn't mean nobody acted. The rational actors that act only on information "everybody knows" are usually late to the game
by herval 3y ago
"nobody knew" doesn't mean nobody acted. The rational actors that act only on information "everybody knows" are usually late to the game
- thakoppno 3y agoYou’re correct and the parent comment is too. Timing the market to some requires complete prescience. To others it may not.