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Are Prices "Engines of Chaos"?

Deconstructed

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The Sockwise Price of Berkshire Hathaway

There's no underlying reality that has driven these prices to where they arei speculators who have pushed it into this place. In a way perception in the financial markets becomes reality. And i also think that's what's been driving a huge amount of volatility over the last couple of weeks. Hene there's so much news coming in, and you're seeing this insane volatility in oil prices, jumps of 30 dollars a barrel in a single day. This isn't based on any material change on the grounds. We haven't really seen anything like that happen. That's actually why all the prices are now down again.

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