#cooperation #business # [[Epistemic status]] #shower-thought # Efficient market #to-digest >In particular, an efficient market, from an economist’s perspective, is just one whose average price movement can’t be predicted by you. >~ [[Eliezer Yudkowsky]] >An efficient market is one where smart individuals should generally doubt that they can spot overpriced or underpriced assets. >~ [[Eliezer Yudkowsky]] # External links