Question: EMH says that you cannot make a return that will consistently beat the market. However, there are behavioural and institutional reasons why that may not
EMH says that you cannot make a return that will consistently beat the market.
However, there are behavioural and institutional reasons why that may not be the case. You should try to identify a few of those so that you can justify your attempt to beat the market. This is not a passive strategy, you are seeking out stocks to buy and stocks to sell.
Walmart beating the Market and Target beating the market.
Is the market value fair?
What are the sources of inefficiency?
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