But the labor market isn't a perfectly efficient one.

但是，劳工市场并不是完美高效的。

youdao

Perhaps this is because investors are not the perfectly informed paragons found in efficient-market theory.

也许这是因为投资者没有更好的深刻领会有效市场理论。

youdao

In a perfectly efficient market, splitting shares has no real impact on a company or its stock price.

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Perhaps this is because investors are not the perfectly informed paragons found in efficient-market theory.

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If you are in this category you believe that the market, while not perfectly efficient, is very close to efficient.

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