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10min chapter
Bigger Extremes, Better Returns | Cliff Asness on the "Less Efficient Market Hypothesis"
Excess Returns
Morning Routines and Market Efficiency
This chapter humorously explores the impact of morning routines on productivity before delving into the complexities of market efficiency. It highlights historical anomalies, the evolution of information processing, and the challenges of testing market efficiency while questioning the validity of traditional economic theories.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode