<instructions>Your goal is to analyze the following comment and estimate how highly it will be upvoted by the Hacker News community.</instructions><comment><author>Fordec</author><text>Research paper: Markets are efficient if and only if P=NP &lt;a href=&quot;https:&amp;#x2F;&amp;#x2F;arxiv.org&amp;#x2F;abs&amp;#x2F;1002.2284&quot; rel=&quot;nofollow&quot;&gt;https:&amp;#x2F;&amp;#x2F;arxiv.org&amp;#x2F;abs&amp;#x2F;1002.2284&lt;/a&gt;</text><parent_chain><item><author>woeirua</author><text>The efficient market hypothesis is the biggest lie in modern history.  Bubbles don&amp;#x27;t happen in efficient markets.</text></item><item><author>tarsinge</author><text>As an outside observer, I used to believe the stock market was solid and mostly rational, and that obviously it could not be influenced by a single actor or a subreddit community, contrary to a &amp;quot;playground&amp;quot; like the Bitcoin market. I get the feeling everyone says they see the emperor&amp;#x27;s clothes in the stock market reliability, anticipating everything, but in reality it&amp;#x27;s just short term gambling and post rationalization.&lt;p&gt;Edit: punctuation</text></item><item><author>synaesthesisx</author><text>This is hands down the most entertaining thing I’ve read today. SoftBank is responsible for the spike in gamma across the board, dumping massive amounts of money into OTM calls. Retail (WSB) speculators see unusual options flow, end up piling in  on calls and amplify the effect. Market makers are forced to buy the underlying in order to delta hedge, and the price goes up even higher. Rinse and repeat...the positive feedback loop continues and stocks actually only go up.&lt;p&gt;The financial system is far more broken than people realize.&lt;p&gt;I’m guilty of taking advantage of this myself, but it’s basically been free money for the last several months. Up until yesterday at least...</text></item></parent_chain></comment><story><title>SoftBank unmasked as ‘Nasdaq whale’ that stoked tech rally</title><url>https://www.ft.com/content/75587aa6-1f1f-4e9d-b334-3ff866753fa2</url></story>
<instructions>Your goal is to analyze the following comment and estimate how highly it will be upvoted by the Hacker News community.</instructions><comment><author>refurb</author><text>The efficient market hypothesis just states the market represents the sum total of all available information.&lt;p&gt;If everyone thinks stocks will go up, then the efficient market hypothesis would support a bubble.</text><parent_chain><item><author>woeirua</author><text>The efficient market hypothesis is the biggest lie in modern history.  Bubbles don&amp;#x27;t happen in efficient markets.</text></item><item><author>tarsinge</author><text>As an outside observer, I used to believe the stock market was solid and mostly rational, and that obviously it could not be influenced by a single actor or a subreddit community, contrary to a &amp;quot;playground&amp;quot; like the Bitcoin market. I get the feeling everyone says they see the emperor&amp;#x27;s clothes in the stock market reliability, anticipating everything, but in reality it&amp;#x27;s just short term gambling and post rationalization.&lt;p&gt;Edit: punctuation</text></item><item><author>synaesthesisx</author><text>This is hands down the most entertaining thing I’ve read today. SoftBank is responsible for the spike in gamma across the board, dumping massive amounts of money into OTM calls. Retail (WSB) speculators see unusual options flow, end up piling in  on calls and amplify the effect. Market makers are forced to buy the underlying in order to delta hedge, and the price goes up even higher. Rinse and repeat...the positive feedback loop continues and stocks actually only go up.&lt;p&gt;The financial system is far more broken than people realize.&lt;p&gt;I’m guilty of taking advantage of this myself, but it’s basically been free money for the last several months. Up until yesterday at least...</text></item></parent_chain></comment><story><title>SoftBank unmasked as ‘Nasdaq whale’ that stoked tech rally</title><url>https://www.ft.com/content/75587aa6-1f1f-4e9d-b334-3ff866753fa2</url></story>