Much has been written about the concept of an efficient market. Its probably safe to say that
Question:
Be prepared to discuss these three aspects:
a. What is an efficient market? Do such markets really exist?
b. Are stock prices always (or nearly always) correctly set in the market? If so, does that
mean little opportunity exists to find undervalued stocks?
c. Can you cite any reasons to use fundamental or technical analysis in your stock selection process? If not, how would you go about selecting stocks?
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Related Book For
Fundamentals of Investing
ISBN: 978-0133075359
12th edition
Authors: Scott B. Smart, Lawrence J. Gitman, Michael D. Joehnk
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