Published on Jun 17, 2016
Henry R. Kravis ’69, Co-founder, Co-chairman, and Co-CEO, Kohlberg Kravis Roberts & Co., accepts the Centennial Award at the Centennial Dinner.
George Soros And The Human Uncertainty Principle
The division between academic economics and the way traders look at the market is deep. The efficient market hypothesis assumes that markets and valuations are always pushing towards an equilibrium, and evidence to the contrary gets pushed aside as fluctuations or statistical deviations. But the dot com bubble, the