Capitalissues

Capitalissues

The wisdom of crowds

@cetier1
May 27, 2019
∙ Paid

The idea that financial markets are efficient is fascinating. A compelling story about market efficiency is the one about the Space Shuttle Challenger disaster. The Challenger broke apart within minutes after its launch on 28 January 1986. I remember it very well. It was a cold day, I was in Groningen, the Netherlands. I cycled back home from school lis…

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