this post was submitted on 09 Dec 2023
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WhyDRS

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Ken Griffin: "Markets are efficient because of active managers setting the prices of securities... trying to drive the value of companies towards where we think they should be valued" (twitter.com)
submitted 11 months ago by MozooZ@lemmy.whynotdrs.org to c/whydrs@lemmy.whynotdrs.org
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[–] irish_link@lemmy.world 6 points 11 months ago (1 children)

Soooo.. not the free market. Got it!

[–] MozooZ@lemmy.whynotdrs.org 2 points 11 months ago

Uh, yep.

[–] TheKudzu@lemmy.whynotdrs.org 3 points 11 months ago

Wow, so just a straight pass on supply and demand? I guess I shouldn't be surprised he said it out loud.

[–] MozooZ@lemmy.whynotdrs.org 2 points 11 months ago* (last edited 11 months ago)

Can find the original source from here: https://www.youtube.com/watch?v=FID0BLkZXuY&t=34m18s

The interview took place about 4 months ago at George Washington's Mount Vernon complex (?) and is from their official YouTube channel.