💬 [E8525] Justin Fox's 'The Myth of the Rational Market' provides a historical examination of the efficient market hypothesis and its critics, relevant to understanding market structure, behavioral biases, and the limitations of rational pricing assumptions that underpin correction dynamics and positioning frameworks.

💬 [E8526] The book-length research note explores the intellectual history of rational market theory versus behavioral and structural critiques, providing foundational context for understanding regime change frameworks and why markets may systematically misprice risk during structural cycle shifts.