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To: Charles P. Hubbard who wrote (25595)4/13/2000 12:09:00 PM
From: MythMan  Respond to of 42523
 
efficient? then he says this?
cnnfn.com



To: Charles P. Hubbard who wrote (25595)4/13/2000 12:11:00 PM
From: IceShark  Respond to of 42523
 
Yeah, he always surprises me with how stoopit he is. He really must believe what he is babbling about because it would be too hard for a normal person to keep all this bullshit straight. -s-



To: Charles P. Hubbard who wrote (25595)4/13/2000 12:46:00 PM
From: Bearded One  Read Replies (1) | Respond to of 42523
 
What's the definition of efficient?

Sure the markets are efficient. Compared to fixing prices by some government agency. But what does it mean to be efficient in absolute terms? There's a lot of room for misdirected capital, investor pain, wild volatility, and severe over and under valuation in the word "efficient."


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