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A comment on Markets are efficient if and only if P=NP (2010). Parent comment
Sure, assuming every market participant has knowledge of the winning strategy, and the skills to employ it..which is a pretty big caveat.
By this logic why do some chess players beat others? Wouldn't they all simply adopt the same strategy?
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Sure, assuming every market participant has knowledge of the winning strategy, and the skills to employ it..which is a pretty big caveat.
By this logic why do some chess players beat others? Wouldn't they all simply adopt the same strategy?