Geoffrey Henley, a professor of finance, states The capital market is efficient I dont know why anyone would bother devoting their time to following individual stocks and doing fundamental analysis The best approach is to buy and hold a well diversified portfolio of stocks Do you agree Why or why n...

Professor Henleys strategy is consistent with much of the literature in modern finance If the stock ...

Geoffrey Henley, a professor of finance, states: The capital market is efficient. I dont know why anyone

Question:

Geoffrey Henley, a professor of finance, states: “The capital market is efficient. I don’t know why anyone would bother devoting their time to following individual and doing fundamental analysis. The best approach is to buy and hold a well-diversified of Do you agree? Why or why not?

Stocks
Stocks or shares are generally equity instruments that provide the largest source of raising funds in any public or private listed company's. The instruments are issued on a stock exchange from where a large number of general public who are willing... Portfolio
A portfolio is a grouping of financial assets such as stocks, bonds, commodities, currencies and cash equivalents, as well as their fund counterparts, including mutual, exchange-traded and closed funds. A portfolio can also consist of non-publicly...