Does the success of Warren Buffet and Jim Simons invalidate the Efficient Market Hypothesis? Explain. Assume market
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Question:
- Does the success of Warren Buffet and Jim Simons invalidate the Efficient Market Hypothesis? Explain.
- Assume market efficiency. Suppose you just heard a press conference givenby the FED chairperson indicating that the recession is over and the economy is again entering an expansion. After learning about this prediction, can you profit in the stock market?
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