castanyes blaves

Random ramblings about some random stuff, and things; but more stuff than things -- all in a mesmerizing and kaleidoscopic soapbox-like flow of words.

11/16/2006

 
Market Efficiency

Two economists walk down Wall Street, they see a $20 bill, one starts to pick it up and the other says ?don?t bother, if it was real someone would have picked it up already?. The market is only efficient if someone thinks it isn?t, and they pick up the bill.


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