Wall street appears to make money by exploiting inefficiencies in the markets or rather,
inefficiencies in the flow of information from those who guard it to those who need it to invest wisely; ironically while spewing platitudes about efficient markets.
1 comment:
Its the biggest myth created to excuse oneself from not having control over behavior. Academicians argue that markets are efficient under assumption that human being is rational. Well, if he were rational in his actions, the world would have reached an equilibrium.
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