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BTC151: This is NOT Capitalism w/ Allen Farrington (Bitcoin Podcast)

We Study Billionaires - The Investor’s Podcast Network

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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.

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