Volumes have been written explaining the concept of "price discovery" — that is, how anyone determines what the right price ...
SHAPIRO: Known as the dean of the New York Stock Exchange, he published his daily Wall Street newsletter, Cashin's Comments, for 40 years. He also managed floor operations for banks at the exchange ...
(SOUNDBITE OF ARCHIVED RECORDING) MELISSA LEE: ...Cashin, UBS director of floor operations. He joins us now on the CNBC news line. Art, it's always great to get your perspective on things.