Ken Griffin: "Markets are efficient because of active managers setting the prices of securities... trying to drive the value of companies towards where we think they should be valued"
https://x.com/DystopWorld/status/1733113243965575643?s=20
16 points · 5 comments · view on lemmy.world
5 Comments
Clevrnam1@lemmy.world · 7 pts · 2y
"Markets are efficient because markets are what I say markets should be as a market maker, and these should be some dang efficient markets!". Well, I'm convinced Kenneth.
CaptainSpaceman@lemmy.world · 6 pts · 2y
What a loathsome human
MozooZ@lemmy.whynotdrs.org · 5 pts · 2y
At the end of the day, yep.
MozooZ@lemmy.whynotdrs.org · 2 pts · 2y
Can find the original source from here: https://www.youtube.com/watch?v=FID0BLkZXuY&t=34m18s
The interview took place about 4 months ago at George Washington's Mount Vernon complex (?) and is from their official YouTube channel.
MossyHabitat@lemmy.world · 2 pts · 2y
Why this isn't making waves , at least within the finance industry, is beyond comprehension. Market makers in general are a scam and go against the idea of a free market & laws of economics (other than human greed) regarding supply & demand.
The finance industry is a parasite on the human species.