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"
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"
"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.
What a loathsome human
At the end of the day, yep.
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.
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.