The PPShow

586 readers

1 users here now

New home for the PPshow

founded 1 year ago

MODERATORS

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" (x.com)

submitted 1 year ago by [email protected] to c/theppshow

5 comments fedilink hide all child comments

top 5 comments

sorted by: hot top controversial new old

[–] Clevrnam1 7 points 1 year ago* (last edited 1 year ago)

"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.

[–] CaptainSpaceman 6 points 1 year ago (1 children)

What a loathsome human

[–] [email protected] 5 points 1 year ago

At the end of the day, yep.

[–] [email protected] 2 points 1 year ago

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.

[–] MossyHabitat 2 points 1 year ago

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.