Past Midway Ramblings on Business & Life

TagEfficient Markets

Efficient Markets, Pricing Anomalies – Chicken Little & Donkeys

When I was completing my MBA in Finance at the Stockholm School of Economics in the late 1990’s, the rumor was that one of our professors had discovered a pricing anomaly in the Stockholm Stock Exchange and had made a sizable amount of money in a pure arbitrage play. Because the details were scarce, I wondered if this was true. And, more importantly, why can’t this happen to me? It did. Read on…...

Past Midway Ramblings on Business & Life

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