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	<title>Comments on: A RANDOM WALK ON THE STOCK MARKET (COMMENT).</title>
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	<link>http://philipschaefer.com/2007/07/02/a-random-walk-on-the-stock-market-comment/</link>
	<description>Theories, observations, and articles</description>
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		<title>By: DRUNKEN WALKS? &#124; Pater Familias</title>
		<link>http://philipschaefer.com/2007/07/02/a-random-walk-on-the-stock-market-comment/comment-page-1/#comment-2825</link>
		<dc:creator>DRUNKEN WALKS? &#124; Pater Familias</dc:creator>
		<pubDate>Mon, 24 Aug 2009 22:24:02 +0000</pubDate>
		<guid isPermaLink="false">http://philipschaefer.com/2007/07/02/a-random-walk-on-the-stock-market-comment/#comment-2825</guid>
		<description>[...] WALKS? I posted here a couple years ago on a comment by Annalisa that “there appears to be a good deal of randomness [...]</description>
		<content:encoded><![CDATA[<p>[...] WALKS? I posted here a couple years ago on a comment by Annalisa that “there appears to be a good deal of randomness [...]</p>
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	<item>
		<title>By: LESSONS: THINGS DON&#8217;T GO STRAIGHT UP. &#124; Pater Familias</title>
		<link>http://philipschaefer.com/2007/07/02/a-random-walk-on-the-stock-market-comment/comment-page-1/#comment-2060</link>
		<dc:creator>LESSONS: THINGS DON&#8217;T GO STRAIGHT UP. &#124; Pater Familias</dc:creator>
		<pubDate>Fri, 12 Dec 2008 23:26:15 +0000</pubDate>
		<guid isPermaLink="false">http://philipschaefer.com/2007/07/02/a-random-walk-on-the-stock-market-comment/#comment-2060</guid>
		<description>[...] THINGS DON&#8217;T GO STRAIGHT UP. Kids, as Annalisa noted some time ago, stock prices and profits and other financial variables don&#8217;t usually go [...]</description>
		<content:encoded><![CDATA[<p>[...] THINGS DON&#8217;T GO STRAIGHT UP. Kids, as Annalisa noted some time ago, stock prices and profits and other financial variables don&#8217;t usually go [...]</p>
]]></content:encoded>
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		<title>By: FINDING A PATTERN IN RANDOMNESS. &#124; Pater Familias</title>
		<link>http://philipschaefer.com/2007/07/02/a-random-walk-on-the-stock-market-comment/comment-page-1/#comment-2016</link>
		<dc:creator>FINDING A PATTERN IN RANDOMNESS. &#124; Pater Familias</dc:creator>
		<pubDate>Wed, 26 Nov 2008 22:29:47 +0000</pubDate>
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		<description>[...] A PATTERN IN RANDOMNESS. I posted here on the Random Walk Hypothesis in response to Annalisa’s comment that stock prices seem to move [...]</description>
		<content:encoded><![CDATA[<p>[...] A PATTERN IN RANDOMNESS. I posted here on the Random Walk Hypothesis in response to Annalisa’s comment that stock prices seem to move [...]</p>
]]></content:encoded>
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		<title>By: BUY AND HOLD. &#124; Pater Familias</title>
		<link>http://philipschaefer.com/2007/07/02/a-random-walk-on-the-stock-market-comment/comment-page-1/#comment-1833</link>
		<dc:creator>BUY AND HOLD. &#124; Pater Familias</dc:creator>
		<pubDate>Mon, 13 Oct 2008 20:03:29 +0000</pubDate>
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		<description>[...] edition: A RANDOM WALK DOWN WALL STREET. (Annalisa commented on the randomness of the stock market here.) In today&#8217;s Wall Street Journal, Malkiel writes that investors should not try to time the [...]</description>
		<content:encoded><![CDATA[<p>[...] edition: A RANDOM WALK DOWN WALL STREET. (Annalisa commented on the randomness of the stock market here.) In today&#8217;s Wall Street Journal, Malkiel writes that investors should not try to time the [...]</p>
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		<title>By: Pater Familias &#187; MEGAN MCARDLE ASKS: &#8220;HOW CAN MARKETS BE EFFICIENT IF PEOPLE ARE SUCH MORONS?&#8221;</title>
		<link>http://philipschaefer.com/2007/07/02/a-random-walk-on-the-stock-market-comment/comment-page-1/#comment-778</link>
		<dc:creator>Pater Familias &#187; MEGAN MCARDLE ASKS: &#8220;HOW CAN MARKETS BE EFFICIENT IF PEOPLE ARE SUCH MORONS?&#8221;</dc:creator>
		<pubDate>Wed, 19 Dec 2007 15:38:45 +0000</pubDate>
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		<description>[...] MCARDLE ASKS: &#8220;HOW CAN MARKETS BE EFFICIENT IF PEOPLE ARE SUCH MORONS?&#8221; Kids, I posted here on the theory of efficient markets in response to Annalisa&#8217;s comment that, &#8220;There [...]</description>
		<content:encoded><![CDATA[<p>[...] MCARDLE ASKS: &#8220;HOW CAN MARKETS BE EFFICIENT IF PEOPLE ARE SUCH MORONS?&#8221; Kids, I posted here on the theory of efficient markets in response to Annalisa&#8217;s comment that, &#8220;There [...]</p>
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	<item>
		<title>By: Pater Familias &#187; WHY ARE THERE SO MANY FINANCIAL BAZILLIONAIRES?</title>
		<link>http://philipschaefer.com/2007/07/02/a-random-walk-on-the-stock-market-comment/comment-page-1/#comment-448</link>
		<dc:creator>Pater Familias &#187; WHY ARE THERE SO MANY FINANCIAL BAZILLIONAIRES?</dc:creator>
		<pubDate>Thu, 16 Aug 2007 16:23:36 +0000</pubDate>
		<guid isPermaLink="false">http://philipschaefer.com/2007/07/02/a-random-walk-on-the-stock-market-comment/#comment-448</guid>
		<description>[...] Cowen&#8217;s point about the &#8220;first mover advantage.&#8221; Kids, Annalisa made the point some time ago that a lot of the movements on financial markets seem random. I commented that the [...]</description>
		<content:encoded><![CDATA[<p>[...] Cowen&#8217;s point about the &#8220;first mover advantage.&#8221; Kids, Annalisa made the point some time ago that a lot of the movements on financial markets seem random. I commented that the [...]</p>
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