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MozooZ@lemmy.whynotdrs.org to The PPShow @lemmy.world · 2 years ago

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"

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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"

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MozooZ@lemmy.whynotdrs.org to The PPShow @lemmy.world · 2 years ago
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  • Clevrnam1@lemmy.world
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    2 years 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.

  • CaptainSpaceman@lemmy.world
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    2 years ago

    What a loathsome human

    • MozooZ@lemmy.whynotdrs.orgOP
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      2 years ago

      At the end of the day, yep.

  • MozooZ@lemmy.whynotdrs.orgOP
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    2 years ago

    Can find the original source from here: https://www.youtube.com/watch?v=FID0BLkZXuY&t=34m18s

    The interview took place about 4 months ago at George Washington’s Mount Vernon complex (?) and is from their official YouTube channel.

  • MossyHabitat@lemmy.world
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    2 years ago

    Why this isn’t making waves , at least within the finance industry, is beyond comprehension. Market makers in general are a scam and go against the idea of a free market & laws of economics (other than human greed) regarding supply & demand.

    The finance industry is a parasite on the human species.

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