From 8b5c87eacb1810a07c414b58431fae10280d31d4 Mon Sep 17 00:00:00 2001 From: apo77yon <126520850+apo77yon@users.noreply.github.com> Date: Sun, 26 Mar 2023 17:13:10 -0700 Subject: [PATCH] Update README.md --- MEV_and_trading/high_frequency/README.md | 3 ++- 1 file changed, 2 insertions(+), 1 deletion(-) 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 😉