If everyone or most people believed in the model, it would be invalidated because everyone would try and outsmart everyone else. But because it works we can surmise there is plenty of stupid money out there. :D
Posted Using LeoFinance Beta
If everyone or most people believed in the model, it would be invalidated because everyone would try and outsmart everyone else. But because it works we can surmise there is plenty of stupid money out there. :D
Posted Using LeoFinance Beta
Agreed. It means people still don't trust it. It also probably means there is some manipulation at bay...