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"funny" broker's name:
Howe, Burnham, and Steele
BW
>From: Lawrence Chan <stnahc@xxxxxxxx>
>To: Robert Bianchi <r.bianchi@xxxxxxxxx>, omega-list@xxxxxxxxxx
>Subject: Re: Off topic: Does anyone have humorous arguments AGAINST
>efficient market hypothesis ??
>Date: Thu, 4 Oct 2001 05:33:29 -0700 (PDT)
>
>
>An old story in economic theory ...
>
>Long time ago ...
>There is this tree full with an unnamed fruit.
>It is sitting next to a main road where a group of tourist just arrived.
>(1)
>
>Almost all the tourists try to pick the fruits off the tree.
>Some of the kids even tried to climb onto the tree and get hurt. (2)
>
>Some end up with some success.
>Some collect more than they can eat.
>Some collect nothing as they fails to climb the tree. (3)
>
>There is this old guy smoking his pipe did not even try.
>And he said to himself,
>'The fruit must taste really bad, otherwise those who
>live here will leave nothing for us ...' (4)
>Of course he is right :)
>
>
>Lawrence
>p.s. each part explains a economic principle and
>it proves EMT in (4) but disprove it in (3).
>Lots of room for discussion because (4)'s assumption could be incorrect :)
>
>--- Robert Bianchi <r.bianchi@xxxxxxxxx> wrote:
> > Hi All,
> > I have to engage in a "humour" debate where I will be defending
>"Technical
> > Analysis" and an academic is debating the case for "Efficient Market
> > Theory". This is a "tongue-in-cheek" debate which is meant to be more
> > entertaining than a serious debate.
> >
> > Does anyone have any interesting statements that are serious, humorous
>or
> > otherwise that either SUPPORTS Tech Analysis or CRITICISES Efficient
>Market
> > Theory ??????
> >
> > I am trying to build up the weaponry and arsonal for this humorous look
>at
> > financial markets.
> > Any colorful comments will be gladly used on the day.
> >
> > Best Regards,
> >
> > Robert Bianchi
> > r.bianchi@xxxxxxxxx
> >
>
>
>=====
>Lawrence Chan http://www.tickquest.com
>Transform market data into opportunities
>
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