The end of efficient markets
Nov 10th, 2009 | By Andrew Snyder | Category: Notes From the Investment UndergroundBaltimore — (TFN): How efficient are the markets? It is like asking how smart is the human race We all know the answer, but few of us are willing to suck in our pride and admit there are a few dim bulbs among us.
Judging by the sudden rise in fame of Levi Johnson or Balloon Boy’s antics, the human brain is far feebler than we give credit.
And so are the markets.