I'm saying that if Cuban is correct, the market is closer to efficient than it w... | Hacker News

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yummyfajitas on Aug 9, 2011 | parent | context | favorite | on: Mark Cuban: What Business is Wall Street in?

I'm saying that if Cuban is correct, the market is closer to efficient than it was before and Wall St. is doing a better job than it used to.

MikeCapone on Aug 9, 2011 [–]

I kind of doubt it. Just in the past decade we've had the tech bubble, the housing bubble, and now this massive correction based mostly on panic.

The market is mostly controlled by greed and fear, as always, and that makes it overshoot in both directions.

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