From: Kent Crispin <kent@songbird.com>
To: Igor Chudov <ichudov@algebra.com>
Message Hash: c838142543042f40a66f79282c9016874c8155704a4999c58e1be7cd5950c1b0
Message ID: <19970412134742.15722@bywater.songbird.com>
Reply To: <860759798.116769.0@fatmans.demon.co.uk>
UTC Datetime: 1997-04-12 20:50:47 UTC
Raw Date: Sat, 12 Apr 1997 13:50:47 -0700 (PDT)
From: Kent Crispin <kent@songbird.com>
Date: Sat, 12 Apr 1997 13:50:47 -0700 (PDT)
To: Igor Chudov <ichudov@algebra.com>
Subject: Re: "...markets are fundamentally chaotic, not efficient"?
In-Reply-To: <860759798.116769.0@fatmans.demon.co.uk>
Message-ID: <19970412134742.15722@bywater.songbird.com>
MIME-Version: 1.0
Content-Type: text/plain
On Fri, Apr 11, 1997 at 06:34:48PM -0500, Igor Chudov @ home wrote:
> market efficiency and chaos are not necessarily mutually exlusive
>
> - Igor.
True. Also, there are two kinds of efficiency. The "efficient" in
eg, "efficient market hypothesis" is different from the "efficient"
in "markets are more efficient than planned economies".
--
Kent Crispin "No reason to get excited",
kent@songbird.com the thief he kindly spoke...
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