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DewDiligence

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DewDiligence

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Re: DewDiligence post# 2768

Monday, 08/22/2011 11:54:48 AM

Monday, August 22, 2011 11:54:48 AM

Post# of 30546
Quiz: Hypermarkets such as those operated by Carrefour were very successful in emerging markets—especially in Brazil—in the 1980s and 1990s, but they are less successful today despite the increasing affluence of the populace. What is the explanation for this apparent paradox?

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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