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Rational market theory is dead. Markets are not rational and do not respond to situations in rational fashions like you suggest. People operate on hype, fear, a
by smeggysmeg 7mo ago
Rational market theory is dead. Markets are not rational and do not respond to situations in rational fashions like you suggest. People operate on hype, fear, and insider trading.
- resters 7mo agoI think the law changes the article describes prove your point. Companies would have nothing to gain by this if investors were rational.