Quotes About Price discovery

If the efficient-markets hypothesis were true, it would ironically mean that stock markets would necessarily be very inefficient, since no one would gather any information.36 In the aftermath of the Great Recession, the efficient-markets model has taken a beating.37 In the meanwhile, though, some market advocates continue to use the "price discovery" argument for defending changes in markets that were actually making it more volatile and less efficient.

Auctions create greater price discovery and liquidity, resulting in a very meaningful final auction price. If you were building a securities exchange today, an auction would be a core feature.

Wind developers have realised the importance of transparent method of price discovery, which was demonstrated in the solar sector. They realise that bidding brings in efficiency, and tariff is right-sized.