Yes, but the gist of that book was premised on there being an efficient market. I think it has been conclusively shown that efficient behaviour breaks down from time to time in markets such as the junior mining sector and even sometimes in the deepest broadest equities market there is, the NYSX. The point I've been banging on about is that there must be a reason why Arcadium has been absolutely rogered since its listing in New York and that it is not due to some random brownian wobble, but more an assessment that Arcadium has as much leadership as a headless chook.
Of course on the bright side it could just be that our ex-Goldman Sachs leader is reverting to form and is making good dosh on the other side of the trade. When he and his Goldman mates have had their fill - a good parasite does not kill its host - Pall the Plod will release the handbrakes. I'm jesting of course.
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