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Last Updated: Nov 04, 2005 03:31 PM
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Thu - July 22, 2004 at 01:11 PM inWhat he said...
A great rant about Efficient Market Theory on Crooked Timbers.
Efficient Market Theory is a nice conceptual framework, but let's face it: from down in the trenches, markets don't look terribly efficient. Maybe that's because markets consist of people, not robots. Posted at 01:11 PM | Permalink | | | |
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