"Clearly, **it is foolish to think that an irrational market cannot become even more irrational**; [[Shiller]]’s views on the rationality of the market are not invalidated by the argument that he was wrong in the past." --- **Tags** -- [[quotes]], [[trading]], [[ecm-law]], [[public-markets]], [[investments]], [[regression-to-the-mean]] **Source** -- [[202410121132 - B - Fooled by Randomness]]