3 ms·
Maybe it is due to an Anchoring bias http://en.wikipedia.org/wiki/Anchoring http://en.wikipedia.org/wiki/Anchoring
by magoghm 14y ago
Maybe it is due to an Anchoring bias http://en.wikipedia.org/wiki/Anchoring http://en.wikipedia.org/wiki/Anchoring
- chimeracoder 14y agoThat may slow the rate of convergence, but if it's strong enough to eliminate the convergence altogether, then that's equivalent to saying that stock prices are a random walk. And the trading volumes are so high that I imagine we should expect convergence by now either way.