Hacker News
new
|
past
|
comments
|
ask
|
show
|
jobs
|
submit
login
arthurrr
on July 6, 2012
|
parent
|
context
|
favorite
| on:
Samsung profits surge 79% boosted by smartphone sa...
markets aren't efficient (don't listen to what they teach at school), they trade on emotion, perception is more important than reality
seanmcdirmid
on July 8, 2012
[–]
They are efficient with respect to imperfect information and an imperfect actor (humans with emotions), which means they will be even more volatile as new information is uncovered or new emotions arise.
Guidelines
|
FAQ
|
Lists
|
API
|
Security
|
Legal
|
Apply to YC
|
Contact
Search:
