If asset markets aren't efficient, then it should be possible for investors to consistently make money by
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If asset markets aren't efficient, then it should be possible for investors to consistently make money by betting that the price of an asset will return to its "correct" value. That doesn't seem to be the case. Does that suggest that the efficient market hypothesis is correct?
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While the fact the people cannot consistently make money in market is consistent with the effic...View the full answer
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