The Efficient Markets Hypothesis fails because humans are herd animals, not independent rational actors. Thus the best investors tend to be antisocia… - Naval Ravikant

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The Efficient Markets Hypothesis fails because humans are herd animals, not independent rational actors. Thus the best investors tend to be antisocial and contrarian.

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About Naval Ravikant

Naval Ravikant (born November 5, 1974) is an Indian-born American entrepreneur and investor. He is the co-founder and chairman of AngelList, a platform for startups, investors, and job seekers. He is an angel investor who has made early-stage investments in companies including Uber, Twitter, Postmates, and Yammer. Ravikant is a recipient of the Edmund Hillary Fellowship. He also co-hosts a podcast with Brett Hall.

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Additional quotes by Naval Ravikant

What are the most efficient ways to build new mental models? Read a lot — just read. [2] Reading science, math, and philosophy one hour per day will likely put you at the upper echelon of human success within seven years.
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