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— Eugene Fama"I take the market-efficiency hypothesis to be the simple statement that security prices fully reflect all available information."
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I had just come off doing a lot of commercials when I did Go, so a part of the fast pace and efficiency comes from the discipline I had to learn from telling stories in 25-second increments, and that type of discipline is insane.
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Oil is once again robbing the industry of a return to profitability. Cost reductions and efficiency gains have never been more critical.
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