Comment on Warren Buffett: Success in investing doesn't correlate with IQparentComments−ScottBurson13yAs any engineer knows, nothing is 100% efficient.I think a better way of describing the market is as a competitive game. Roger Federer may not play tennis "perfectly" -- what would that even mean? -- but you know what's going to happen if you or I step out onto the court with him.
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As any engineer knows, nothing is 100% efficient.
I think a better way of describing the market is as a competitive game. Roger Federer may not play tennis "perfectly" -- what would that even mean? -- but you know what's going to happen if you or I step out onto the court with him.