securities markets are efficient most of the times, that is, security prices reflect all available information and it is not possible to beat the market consistently. However, there are instances or time periods when markets don't seem to be efficient and investors are able to earn excess returns. These are known as anomalies. Read the following discussion about market anomalies and share your views on this.

http://www.investopedia.com/articles/stocks/08/market-anomaly-efficient-market.asp

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Which of these do you find most interesting?

Why can't investors beat the market consistently, if they are aware of an anomaly?

Answer rating: 100% (QA)

The article discusses various market anomalies which are instances where asset prices deviate from their expected values based on efficient market the... View the full answer