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In defence of the efficient market theory, retail investors can be just the wisdom of the crowd. Meme stocks are a rare exception.
by grotorea 3y ago
In defence of the efficient market theory, retail investors can be just the wisdom of the crowd. Meme stocks are a rare exception.
- nprateem 3y agoThat assumes the crowd has wisdom/some information that should be reflected in stock prices, instead of just buying based on FOMO/emotion