Posted by noobnnew > 2017-05-05 07:15 | Report Abuse

If market is always right, then market is effective and efficient. Then they will be no need to study for company because current price already reflect all the effective information.

Posted by Patrick13 > 2017-05-05 07:52 | Report Abuse

市场有效论 is only applicable when people is rational. market sentiment will destroy peoples' mindset.

Posted by prudencee > 2017-05-05 09:42 | Report Abuse

i think he meant in the long run