Price Determination
topic on 1 show · 1 statements across 1 episodes
1 statements about Price Determination, every show
Over 80% of active managers must quit before market price discovery breaks
“And I don't know what it would be, but it's certainly more than half the people would have to quit. Probably more than three quarters would have to quit. And my own guess would be somewhere around 80, 85% would have to quit just because it doesn't make sense a…”