Describe the types of behavior that must be exhibited by investors as a group if momentum and

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Describe the types of behavior that must be exhibited by investors as a group if momentum and contrarian investment strategies are to be successful. In what ways do those behaviors run counter to how the efficient markets hypothesis assumes investors will act?
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Fundamentals of Investments

ISBN: 978-0132926171

3rd edition

Authors: Gordon J. Alexander, William F. Sharpe, Jeffery V. Bailey

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