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Holden Karnofsky Broad market efficiency online It’s common to debate how “efficient” financial markets are. Broadly speaking, an “efficient” market is one in which the participants are quick to spot.

Broad market efficiency

Holden Karnofsky

The GiveWell Blog, May 2, 2013

Abstract

It’s common to debate how “efficient” financial markets are. Broadly speaking, an “efficient” market is one in which the participants are quick to spot.

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