terça-feira, 5 de janeiro de 2010

Olhó Free-market

The absurdity of believing that the market is omniscient about the future, or that it has perfect knowledge of all "probability distributions" of the future, is matched by the equal folly of assuming that all happenings on the real stock market are "random," that is, that no one stock price is related to any other price, past or future.

Mas será uma questão de crença ou uma questão de working hypothesis?

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