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Adaptive Markets : Financial Evolution at the Speed of Thought Karen Engelmann A memorable slogan has been

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A memorable slogan has been the cornerstone of every great ad campaign

a disturbing object - gruesomely encoded with five symbols - is discovered at the epicenter of the Rotunda

only 60 years old

each knows the other for a rival

CEO of Exxon Mobil

Adaptive Markets : Financial Evolution at the Speed of Thought Karen Engelmann A memorable slogan has beenA new, evolutionary explanation of markets and investor behaviorHalf of all Americans have money in the stock market, yet economists can't agree on whether investors and markets are rational and efficient, as modern financial theory assumes, or irrational and inefficient, as behavioral economists believe and as financial bubbles, crashes, and crises suggest. This is one of the biggest debates in economics and the value or futility of investment

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