[ExI] Does the Pope have Corvid-19?

[spike at rainier66.com]

> On Behalf Of William Flynn Wallace via extropy-chat
>
Subject: Re: [ExI] Does the Pope have Corvid-19?

 

Hayek or Keynes - are either of these theories predicated on the assumption of the rational investor?  Kahneman and Tversky blew that sky high, right?

 

bill w

 

 

 

Not at all, BillW.  Irrational investors are not long-term investors: they lose their money.  All long-term investors are rational investors.

 

spike  

 

 

 

 

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