Mark Sellers: Rational investors should rejoice
Read the full article at: http://www.ft.com/cms/s/0/b9f1df72-aab0-11dc-a779-0000779fd2ac.html
Submitted by SilverSlime on Mon, 2007-12-17 04:23.
(via www.ft.com)
Two months ago in my Financial Times column, I listed some of the things I have learnt about the stock market over the years. I likened the market to a game of online poker, with anonymous opponents and continuously evolving probabilities. I received some good reader feedback, so this month I’ve decided to revisit the topic. Here are a few more things I’ve learnt about the stock market.
