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you seem to believe that markets are efficient. breaking news: they arent. Between companies - there is some sort of efficiency. Inside companies all such efficiency bets are off. If i walked upto your board and asked for half your CEO's comp to ensure that the same milestones are hit the next quarter, guess what they would say. Similarly at a ballpark estimate, im twice as efficient as some of my colleagues, i doubt im getting paid twice as much. Go figure...


Nope, I'm asking why such inefficiency exists and isn't exploited by competitors. I'm not suggesting it doesn't exist.




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