I have hoots on ignore, so I'm not sure what he's said, but if he just said "the market is never wrong" then he is a fool. Ever heard of arbitrage opportunities?
MKT The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint
Week 44 Wrap: Relatively boring week ahead of US election; HotCopper's most watched; Oz inflation at 3.5%