The Higher You Go, the Farther You Fall

Colin Read
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Colin Read: SUNY College at Plattsburgh

Chapter 17 in Global Financial Meltdown, 2009, pp 139-143 from Palgrave Macmillan

Abstract: Abstract Stop me if you’ve heard this one. Coming out of the back door of a club and onto a dark alley, a fellow loses his keys. He continues to his car and starts looking around for his keys. A policeman ambles up and asks him what he is looking for. He tells the policeman he lost his keys in the alleyway. When asked by the policeman why then is he looking out on the street for them, he says, “this is where the light is.”

Keywords: Rational Investor; Efficient Market Hypothesis; Diamond Formation; Back Door; Private Informa (search for similar items in EconPapers)
Date: 2009
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-59518-7_17

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DOI: 10.1057/9780230595187_17

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