Question: Question 27 (3.334 points) Academic research designed to study the consistency of professional money manager performance shows strong evidence of consistency in performance weak evidence
Question 27 (3.334 points) Academic research designed to study the consistency of professional money manager performance shows strong evidence of consistency in performance weak evidence of consistency in performance, with the best and worst managers showing the most consistency evidence of short-term momentum, but longer-term reversals in performance O purely random results, leading to a conclusion that there is absolutely no evidence of consistency
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