Comment on Anon is a winner
I’m sorry I don’t understand
Asset prices reflect all the information that everyone knows about the asset. So wands are not efficiently priced because the wand chooses the owner, but robes are generally fungible so should be priced efficiently
kalpol@lemmy.world 5 days ago
Asset prices reflect all the information that everyone knows about the asset. So wands are not efficiently priced because the wand chooses the owner, but robes are generally fungible so should be priced efficiently