| ▲ | eru a day ago | |
When you say 'random' you probably mean that market prices are a Martingale? See https://en.wikipedia.org/wiki/Martingale_(probability_theory... That's very, very related to being efficient. > Assimilating the two just Fama's motte-and-bailey fallacy. No, not at all. | ||
| ▲ | littlestymaar 19 hours ago | parent [-] | |
> That's very, very related to being efficient. “No, not at all”. | ||