Von: ThorHa
"Regarding markets as...„Regarding markets as inefficient would require one thing: There must be some people who are able to consistently outperform the market.“ Aha. Es gibt zu dieser Sichtweise...
View ArticleVon: faz-bern
There is one thing I should...There is one thing I should have mentioned more clearly: In fact, fund managers are the least likely guys to admit that markets are efficient. If markets are more...
View ArticleVon: ThorHa
@Patrick Bernau: Seems I was...@Patrick Bernau: Seems I was not clear enough. Provided one can identify persons who consistently outperform the market, this gives 0 information on the abilities of the...
View ArticleVon: Freiwirtschaftler
Die Marktwirtschaft ist...Die Marktwirtschaft ist maximal effektiv und innovativ, wenn verdiente Knappheitsgewinne aufgrund eigener technologischer und kultureller Innovation nicht mehr durch...
View ArticleVon: the_fdik
The fairy tale of the...The fairy tale of the “efficient markets” keeps going. Once apon a time there was Lehman Bros., and it was AAA+ rated. Who should believe in this nonsense any more? The...
View ArticleVon: faz-bern
ThorHa: We fully agree. You...ThorHa: We fully agree. You are making exactly the point that I made in the two sentences after the one you quoted: „[Theses persons] must have a track record which is...
View ArticleVon: the_fdik
Patrick, please give me an...Patrick, please give me an example. Let’s say, please explain the situation in Spain with the “efficiency of the market” theory. Hint: everyone knows for years about the...
View ArticleVon: faz-bern
This is pretty simple. Of...This is pretty simple. Of course, ex ante many people might think there is a bubble. But nobody knows for sure whether it really is one and if it is, how bad it will pop. If...
View ArticleVon: fionn
The banking sector is...The banking sector is „disproportionately influential“ (see link below). Surely the above means that the working of a key sector in the economy is distorted? I don’t think the...
View ArticleVon: the_fdik
Patrick, are you...Patrick, are you serious? „Might think there is a bubble“ when everyone without a penny in his pockets gets a credit for a house without cash down and for an interest rate in the...
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