Two wonky bits of the Myth of the Rational Market

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Slate’s The Big Money is running a two-part excerpt from my book. Not just any excerpt, but an excerpt from the especially wonky Chapter 8, “Fischer Black Chooses to Focus on the Probable.” It’s Fischer Black day here at the Curious Capitalist! Anyway, Part 1 ran Monday. Part 2 is online now. Enjoy! (And enjoy the big ads for Barry Ritholtz’s Bailout Nation that are currently running next to Part 2.)