Quote by: Niall Ferguson

What's so seductive about the efficient markets hypothesis is that it applies nine years out of ten. A lot of the time it works. But when it stops working, you blow up.


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Author Bio


  • NameNiall Ferguson
  • DescriptionBritish historian
  • BornApril 18, 1964
  • CountryUnited Kingdom
  • ProfessionWriter; Economic Historian; Historian