The market is incredibly inefficient and capable on rare...

The market is incredibly inefficient and capable on rare occasions of being utterly dysfunctional. And people have a really hard time getting their brain around that fact. They want to believe that it's approximately efficient almost all the time, and it simply isn't true.

Jeremy Grantham Quote About Almost, Believe, Capable, Efficient, Hard: The Market Is Incredibly Inefficient...

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