Rational market theory is dead. Markets are not rational and do not respond to s... | Hacker News

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		smeggysmeg 36 days ago \| parent \| context \| favorite \| on: US SEC preparing to scrap quarterly reporting requ... Rational market theory is dead. Markets are not rational and do not respond to situations in rational fashions like you suggest. People operate on hype, fear, and insider trading.

resters 35 days ago [–]

I think the law changes the article describes prove your point. Companies would have nothing to gain by this if investors were rational.

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