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Pastimes : The Naked Truth - Big Kahuna a Myth

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To: BGR who wrote (67943)10/11/1999 7:07:00 PM
From: John Dally  Read Replies (1) of 86076
 
Hi BGR,

I too believe in "the efficient market theory." The market was very efficient at destroying 90% of all stock market wealth in 1929.

The market will probably be a little less efficient in destroying wealth over the next year, but nevertheless, it will still be very efficient at making many people cry.

Only someone recently brainwashed by B-school believes in "the efficient market theory." What B-school is responsible for teaching you such crap??? I will personally send them a letter telling them if they want to teach that kind of crap to their students, then they should also instruct their students not to antagonize the investment geniuses on the "Myth" thread at SI!!!-g-

In any case, why do you want to argue about "efficient markets" with a bunch of nuts who think they are going to outperform the market by shorting the most beloved cos in the investment universe???

Please buy an index fund and leave us investment geniuses alone!!! We are too busy shorting POSs to discuss efficient markets with you!!!-g-

Best regards, John.
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