Business Quote by Larry Hite

The market is incredibly inefficient and capable on rare occasions of being utterly dysfunctional. And people have a really hard time getting their brain…

— Jeremy Grantham

I don't entirely reject the idea of efficient markets. It needs updating.

— Andrew Lo

Markets have built in inefficiencies, serious inefficiencies which are well known.

— Noam Chomsky

I would say that financial markets are very inefficient, and capable of extremes of being completely dysfunctional.

— Jeremy Grantham

Many of us economists who believe in efficiency do so because we view markets as amazingly successful devices for reflecting new information rapidly and,…

— Burton Malkiel

There's no reason to think that markets always drive people to what's good for them.

— Richard Thaler

Markets also have a very bad psychological effect. They drive people to a conception of themselves and society in which you're only after your…

— Noam Chomsky

The thing about markets, and I think the thing people don't understand about that, is markets are not kind, but they're very efficient. So…

— Randy Neugebauer

Since the dawn of civilization, markets have been ubiquitous. Many of us have benefited from their focus and efficiency. Yet two widely held beliefs…

— Howard Gardner

For many, perhaps most, Americans, markets are sacrosanct. Most people in the United States cannot even envision a society that doesn't revolve around an…

— Howard Gardner

There are a million ways to make money in the markets. The irony is that they are all very difficult to find.

— Jack D. Schwager

Investing in a market where people believe in efficiency is like playing bridge with someone who has been told it doesn't do any good…

— Warren Buffett