Question: Question 6 4 ( 4 points ) Suppose a friend gives you a credible stock tip to buy shares of Tesla Inc. Under which circumstance
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Suppose a friend gives you a credible stock tip to buy shares of Tesla Inc. Under which circumstance regarding how all other investors formulate expectations would you have the best chance to profit from the stock tip: all other investors have adaptive expectations or all other investors have rational expectations? Please defend your reasoning.
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