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Well they also probably have less time than even the average person to read, learn, and do research.
by hkmurakami 13y ago
Well they also probably have less time than even the average person to read, learn, and do research.
- jcampbell1 13y agoI think the real problem is that they are never explained the EMH during their lunch hour. Instead they hear about other doctor's winning investments, and it creates a stupidity cycle. I am pretty sure if I asked about investing at any tech company during lunch, someone would explain EMH to me. I could be wrong. I personally don't believe markets are always efficient, but I always think from the perspective of why I think the market is right or wrong.
- ScottBurson 13y agoAs any engineer knows, nothing is 100% efficient. I think a better way of describing the market is as a competitive game. Roger Federer may not play tennis "perfectly" -- what would that even mean? -- but you know what's going to happen if you or I step out onto the court with him.