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> When the topic is dry and quantitative (Finance), the market is efficient. When the topic allows for tribalism and hope (Sports, Entertainment), the market tr
by _def 9mo ago
> When the topic is dry and quantitative (Finance), the market is efficient. When the topic allows for tribalism and hope (Sports, Entertainment), the market transforms into a mechanism for transferring wealth from the optimistic to the calculated.
I get that the finance market is _more_ dry and quantitative than sports, but certainly not immune to hope and tribalism,
- buellerbueller 9mo ago>I get that the finance market is _more_ dry and quantitative than sports, but certainly not immune to hope and tribalism where is your paper?
- pinkmuffinere 9mo agoIrrational Exuberance by Robert Shiller
- buellerbueller 9mo agoI'll allow it!