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"Markets can remain irrational longer than you can remain solvent"

• solumunus 1y ago
  I would argue irrational markets are easier to make money in.
  • valenterry 1y ago
    Exactly. This is basically confirming that markets are, at least temporarily and sometimes for a very long time, irrational and hence not perfectly efficient.
  • pixl97 1y ago
    It's easy when the market is in the 'the numbers must always go up' phase The hard part is predicting the 'just kidding, they go down' phase.