Since in reality the stock market is inhabited by mere mortals, there is no way that the stock market can be efficient in the way that economists define the term.


Chapter 10, The Price Is Not Right, p. 216 - Debunking Economics - The Naked Emperor Of The Social Sciences (2001)


Since in reality the stock market is inhabited by mere mortals, there is no way that the stock market can be efficient in the way that economists...

Since in reality the stock market is inhabited by mere mortals, there is no way that the stock market can be efficient in the way that economists...

Since in reality the stock market is inhabited by mere mortals, there is no way that the stock market can be efficient in the way that economists...

Since in reality the stock market is inhabited by mere mortals, there is no way that the stock market can be efficient in the way that economists...