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1. Embed this notice
   HistoPol (#HP) 🥥 🌴 (histopol@mastodon.social)'s status on Friday, 26-Jul-2024 17:13:00 JST HistoPol (#HP) 🥥 🌴

   in reply to

   • atomicpoet

   @atomicpoet

   "The market" is the aggregate ignorance of all its investors living on imperfect information.
   The only reason they aren't stupid: because it ain't stupid, 'cos everybody does it...until too many take the ball and run...and if you don't run with the lemmings, you'll be run over. 😉

   #Economics #Finance

   • Embed this notice
     atomicpoet (atomicpoet@atomicpoet.org)'s status on Friday, 26-Jul-2024 17:13:01 JST atomicpoet

     Saying “the market is always right” isn’t a truism. The market is only right until it is wrong.