Prices have no memory, and yesterday has nothing to do with tomorrow.


Chapter 11, What The Hell Is A Random Walk?, p. 148 - The Money Game (1968)


Prices have no memory, and yesterday has nothing to do with tomorrow.

Prices have no memory, and yesterday has nothing to do with tomorrow.

Prices have no memory, and yesterday has nothing to do with tomorrow.

Prices have no memory, and yesterday has nothing to do with tomorrow.