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A comment on The Dumbest Idea In The World: Maximizing Shareholder Value. Parent comment

Re:The Dumbest Idea In The World: Maximizing Shareholder Value by yummyfajitas on Monday December 26, 2011 @11:27AM (#3393186)
If the public markets were efficient, and market cap was an accurate reflection of value, the system would not be as broken as it is.

If you believe the public markets are not efficient, how long will it be before you are rich?

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Re:The Dumbest Idea In The World: Maximizing Shareholder Value by Andrew_Quentin on Monday December 26, 2011 @11:39AM (#3393216)
It is inefficient for everyone not just one person or one group. An individual therefore is not able to easily exploit the inefficiencies as they are in the same position as everyone else.
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Re:The Dumbest Idea In The World: Maximizing Shareholder Value by yummyfajitas on Monday December 26, 2011 @12:34PM (#3393346)
I think you are using the word "efficient" in a nonstandard way. Could you please define your terms?
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