"I couldn't possibly fail to disagree with you less."
18 August 2006Quote of the weekHow efficient, really, is the Efficient Market Hypothesis? Lance offers some illustrative dialogue:
Economist: That looks like a $20 bill lying on the ground over there.
Other Economist: It couldn’t be. If it were, somebody would have picked it up already. And they call it a "dismal" science. Posted at 6:18 AM to QOTWIt would be lying on the ground if it were torn in half. Not sure how it affects broader monetary policy, though. Posted by: CT at 8:54 AM on 18 August 2006I am glad I gave you a chuckle. Posted by: Lance at 10:15 AM on 18 August 2006 |