By Jamie Chisholm

Investors feeling queasy after the market’s wild fluctuations of late may be reassured that even storied traders recognize it’s been getting wilder out there.

“I actually think that markets in the last 5 or 10 years are getting less efficient,” says Rob Citrone, founder of hedge fund Discovery Capital Management. “They just don’t discount things ahead of time as much as they used to in the past.”

Story continues on Marketwatch

More Stories

• Dimon Warns of US Stagflation Risk, Says Fed Right to Hold

• Bitcoin Rally Takes Largest Token Past $111,000 for First Time

• BayCom Corp Announces a Significant 33% Dividend Hike for Shareholders

• 2 Vanguard ETFs That Have Crushed the Market This Year