Question: fill in the gap with correct colour QUESTION 1 Not yet answered Marked out of 2.00 P Flag question Exercise 1 (comprises Question 1) Buffett

fill in the gap with correct colour
QUESTION 1 Not yet answered Marked out of 2.00 P Flag question Exercise 1 (comprises Question 1) "Buffett adamantly restricts him-self to his "circle of competence" - businesses he can understand and analyse." His recipe is described as: Analyse the business, not market/economy/investor senti- ment. Look for a consistent operating history. Seen 1. & 2., has the business favourable long-term prospects? Let us assume that Warren Buffet consistently makes more profit than the market average based on the information he ob- tains and processes. Then we do believe that the strong form of the efficient market hypothesis . Let us assume that the in- formation that helps Warren Buffet to consistently outperform the market includes the operating history of the company and an analysis of the business model. Then it is to claim that the weak form of the efficient market hypothesis does hold. holds does not hold still consistent clearly inconsistent
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