Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

The parent comment doesn't just say "efficient market". It also explicitly mentions "Homo economicus" and "rational company". A rational company makes rational decisions, pretty much by definition.

The saying that the market can remain irrational longer than you can remain solvent directly contradicts the efficient market hypothesis.



Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: