Question: If a market is form efficient, there is no point in hiring technical or fundamental analysts. If insiders are able to earn abnormal profits, markets
If a market is
form efficient, there is no point in hiring technical or fundamental analysts.
If insiders are able to earn abnormal profits, markets
are are not strong form efficient.
Mutual funds are not able to produce positive alphas consistently. This
violates supports the idea that markets are
weak semistrong strong form efficient.
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