[deaux]

> If you personally believe markets are not efficient, and prices are not accurate, then perhaps you should take up day trading

What does it mean for a price to be accurate? Most think of it as representing future revenue and profit. Anything else quickly gets you into tautological territory of "an accurate price is what the market thinks it's worth".

I don't think the belief leads to your conclusion. It's beyond doubt that the price of TSLA does not accurately represent the value of the company in terms of future revenues and profits relative to how other stocks are priced. Does this mean I should take up day trading? Definitely not! We don't live in an era where prices are guaranteed to eventually return to being accurate, any more so than if they were a random walk.

And even under the presumption that they would return to this, there's always the 'Markets can remain irrational longer than you can remain solvent'.