2009 April 21 | Capital Flow Watch

TIME magazine: Inflation to Jump 200% in 2011 http://ti.me/hRlq7J #tcot And they still think Obama will win in 2012? >>
Bank of England Holds Rate, Putting Recovery Before Inflation http://bloom.bg/eRfApi #tcot But then, Keynes was an Englishman. >>
Treasuries fall as investors consider interest rate outlook http://bit.ly/f7TOvK #tcot Rates will rise whether Bernanke likes it or not. >>
Inflation Worries Send Gold To New Record High http://on.wsj.com/hJGk97 #tcot Jimmy Carterville, here we come... >>
ECB Raises Key Interest Rate to 1.25% to Stem Faster Inflation http://bloom.bg/i4sMq0 #tcot Bernanke floats in a Keynesian Dreamworld. >>

The inefficient market

Free information has a time cost

By John Schroy, on April 21st, 2009 |

The Crash of 2008 showed that the Efficient Market Hypothesis was fantasy. Although there is a huge amount of free information about investments available on the Internet, this takes time to extract and understand and time has a cost.

With too much free information, the law of diminishing returns kicks in. Critical information passes unnoticed.

Technologies are now available that allow us to take advantage of free information more effectively.

More » Free information has a time cost