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The efficient market hypothesis is at best a very lossy heuristic

Drawn from what Nat Friedman said

A private bookmark. Not a position, and never counted.

What Nat Friedman actually said

Word for word, with the source under each one. They did not write this page.

  1. Nat Friedman

    Investor and engineer; CEO of GitHub from 2018 to 2021

    The efficient market hypothesis is a lie At best it is a very lossy heuristic The best things in life occur where EMH is wrong

    Nat Friedmannat.org

Added to korrents 4 Sept 2026 · How quotes work · Something wrong? Tell us

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