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markets aren't efficient (don't listen to what they teach at school), they trade on emotion, perception is more important than reality
by arthurrr 14y ago
markets aren't efficient (don't listen to what they teach at school), they trade on emotion, perception is more important than reality
- seanmcdirmid 14y agoThey are efficient with respect to imperfect information and an imperfect actor (humans with emotions), which means they will be even more volatile as new information is uncovered or new emotions arise.