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0 pointssmeggysmeg8d ago0 comments

Rational market theory is dead. Markets are not rational and do not respond to situations in rational fashions like you suggest. People operate on hype, fear, and insider trading.

0 comments

resters7d ago

I think the law changes the article describes prove your point. Companies would have nothing to gain by this if investors were rational.

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0 pointssmeggysmeg8d ago0 comments

Rational market theory is dead. Markets are not rational and do not respond to situations in rational fashions like you suggest. People operate on hype, fear, and insider trading.

0 comments

resters7d ago

I think the law changes the article describes prove your point. Companies would have nothing to gain by this if investors were rational.

j / k navigate · click thread line to collapse