An investment isn't *automatically* potentially more rewarding just because it c... | Hacker News

Hacker Newsnew | past | comments | ask | show | jobs | submit

		_zhqs on May 5, 2010 \| parent \| context \| favorite \| on: Why do Harvard kids head to Wall Street? An investment isn't automatically potentially more rewarding just because it carries higher risk.

pg on May 5, 2010 [–]

Actually it is if it's priced by an efficient market.

jbooth on May 5, 2010 | | [–]

Efficient meaning near-perfect information dissemination -- that's not really possible in highly speculative areas where nobody knows what's going to happen.

_zhqs on May 5, 2010 | | [–]

Which doesn't exist yet

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact