Are the markets efficient, that is, do they refle
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Posted On: 04/06/2020 3:36:48 PM
Are the markets efficient, that is, do they reflect the fair price of a commodity factoring-in ALL the publicly available information???
The answer is: NO !!!
A doctor just said that a drug has achieved the restoration of the immune systems of severe immunocompromised patients suffering of COVID in 3 days and achieving almost full immune recovery after 7 days !!!
And the market ???
Nothing, Nilch, Nada, Rien ...
So, the markets are not efficient and those that take advantage of this fact will be duly compensated.
The answer is: NO !!!
A doctor just said that a drug has achieved the restoration of the immune systems of severe immunocompromised patients suffering of COVID in 3 days and achieving almost full immune recovery after 7 days !!!
And the market ???
Nothing, Nilch, Nada, Rien ...
So, the markets are not efficient and those that take advantage of this fact will be duly compensated.
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