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Boosted by chipotle@mstdn.social ("Watts Martin"):
badtux ("Badtux the Snarky Penguin") wrote:
Yup. In the short term markets are about as rational as that bearded guy in a bathrobe shuffling around in his slippers under the freeway underpass shouting at imaginary greebles. Reminder: In the long run irrational stuff ends up getting washed out of markets as it gets out-competed, thus the "rational markets hypothesis". But in the long run we're all dead. #economics
