Value Investing World

Value Investing World

Links - 02/26/2024

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Joe Koster
Feb 27, 2024
∙ Paid

“The efficient market theory…[is] really quite useful. If you had a merchant shipping business, if all of your competitors believe the world is flat, that is a huge edge, because they will not take on any cargo to go to places that are beyond where they think they will fall off. And so we should be encouraging the teaching of efficient market theories i…

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