Clearly the price considered most likely by the market is the true current price: if the market judged otherwise, it would quote not this price, but another price higher or lower. — Louis Bachelier Copy Share Image
Clearly the price considered most likely by the market is the true current price: if the market judged otherwise, it would quote not this… — Louis Bachelier Copy Share Image
There is no useful information contained in historical price movements of securities. — Louis Bachelier Copy Share Image
