On: The shittiest project I ever worked on (2013)

I think this is indeed nailing it. Companies are inefficient, but they get away with it because the market is even more inefficient.

I just want to point out that "Companies are inefficient, but they get away with it because the market is even more inefficient." is not at all what GP wrote.

Momentum and delay is a market inefficiency. The most efficient market is instantaneous.