
BTC151: This is NOT Capitalism w/ Allen Farrington (Bitcoin Podcast)
We Study Billionaires - The Investor’s Podcast Network
00:00
Finite Games, Infinite Games, and the Efficient Market Hypothesis
In martial arts and free markets, people are bound by rules in finite games. However, when forced to play an infinite game with no rules, the goal is simply to win. The next chapter discusses the efficient market hypothesis, which claims that prices reflect all available information, but the speaker argues against this idea.
Transcript
Play full episode