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JoshuaFox comments on Look for the Next Tech Gold Rush? - Less Wrong Discussion

34 Post author: Wei_Dai 19 July 2014 10:08AM

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Comment author: JoshuaFox 20 July 2014 11:23:06AM 4 points [-]

EMH says the market can be beaten with exceptional information. If anyone is exceptionally informed on cryptocurrencies (in 2011, and maybe 2014), it is certainly Wei Dai.

Comment author: wedrifid 20 July 2014 01:39:44PM 1 point [-]

EMH says the market can be beaten with exceptional information.

To be more precise, weak-form and semi-strong-form efficiency can be beaten with exceptional information. Strong-form efficiency can not.

Comment author: Clarity 05 November 2015 10:34:51AM 0 points [-]

Yeah, I think this thread gives a lot of false hope to regular people, haha. He's basically the grandfather of bitcoin. Is it a suprise he got rich of it?

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