this post was submitted on 09 Dec 2023
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Ken Griffin: "Markets are efficient because of active managers setting the prices of securities... trying to drive the value of companies towards where we think they should be valued" (x.com)
submitted 11 months ago by [email protected] to c/[email protected]
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[–] [email protected] 7 points 11 months ago* (last edited 11 months ago)

"Markets are efficient because markets are what I say markets should be as a market maker, and these should be some dang efficient markets!". Well, I'm convinced Kenneth.