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Re: "...markets are fundamentally chaotic, not efficient"?
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",
[email protected] the thief he kindly spoke...
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