5min chapter

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Dan McMurtrie: Research Process, Inverted Shorts & Post-Consciousness

Value Hive Podcast

CHAPTER

Mister Market - I'm Sorry Sorry Sorry to Cut You Off

I think there is an explanation for most things that are going on, and i just don't think the caricature of irrational people is useful. I believe in kind of the form of market efficiency, of no fy lunch, meaning you need understand. You can't just say, mister, market's drunk and depressed right now, or something. Im i need understand why are people not owning the security. Andes: The vast majority of the market is basically driven by some of the smartest people eir lives revolve around. A lot of times it doesn't really have a real ability to tilt up or down.

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