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Louis Bachelier Quotes: Clearly the price considered most likely by the market is the true current price: if the market judged otherwise, it would quote not this price, but another price higher or lower.
         

Clearly the price considered most likely by the market is the true current price: if the market judged otherwise, it would quote not this price, but another price higher or lower.


Louis Bachelier
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Other quotes of Louis Bachelier


There is no useful information contained in historical price movements of securities.

There is no useful information contained in historical price movements of securities.



The mathematical expectation of the speculator is zero.

The mathematical expectation of the speculator is zero.





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This page presents the quote "Clearly the price considered most likely by the market is the true current price: if the market judged otherwise, it would quote not this price, but another price higher or lower.". Author of this quote is Louis Bachelier. This quote is about currents, judged, higher, ifs,.