diff --git a/MEV_and_trading/high_frequency/README.md b/MEV_and_trading/high_frequency/README.md index 314f5d2..ccb2949 100644 --- a/MEV_and_trading/high_frequency/README.md +++ b/MEV_and_trading/high_frequency/README.md @@ -16,7 +16,8 @@
* the efficient-market hypothesis (EMH) is a hypothesis in financial economics that states that asset prices reflect all available information. -* ab implication is that it is impossible to "beat the market" consistently on a risk-adjusted basis since market prices should only react to new information. +* an implication is that it is impossible to "beat the market" consistently on a risk-adjusted basis since market prices should only react to new information. +* however, the market may take months, years or decades to adjust 😉