I need a response post to the discussion post written below in APA format with one APA in-text citation and one APA reference. Behavioral finance presents a significant challenge to traditional financial theory, which is rooted in the Efficient Market Hypothesis (EMH). While traditional theory assumes that markets are efficient, meaning prices fully reflect all available information, behavioral finance argues that real-world investors often deviate from rationality due to psychological biases. According to the course book, these biases manifest in two key ways: first, investors frequently misinterpret information, leading to incorrect assessments of future returns, and second, even when they have accurate information, they often make inconsistent or suboptimal decisions (Bodie et al, 2024). This irrational behavior can lead to persistent market inefficiencies, as arbitrageurs may be unable or unwilling to fully correct mispriced assets due to practical constraints, such as transaction costs or the risk of further price divergences. The implications for trading strategies and securities analysis are profound. If investors are prone to biases such as overconfidence, herd behavior, or loss aversion, these tendencies can create exploitable market anomalies. For example, overreaction to news might lead to temporary mispricing, presenting opportunities for contrarian investors. Similarly, momentum effects, where past winners continue to outperform, may persist due to delayed reacti