A Small Step Beyond Conspiracy Theories, by GM Nigel Davies

October 10, 2006 |

I find it interesting that there are so many definitive declarations that markets are random. I would have thought that a more reasonable answer would take the form that the person being asked was unaware of any pockets of non-randomness.

Could it be that the insecurity that leads people to construct conspiracy theories is at work here also, and amongst people who should know better?