Question: What advice should irrvestors heed if markets are efficient? Random stock picks will perform as well as a series of hot stock tips over long
What advice should irrvestors heed if markets are efficient?
Random stock picks will perform as well as a series of hot stock tips over long periods of time.
Mutual funds run by expert managers consistently outperform index funds.
The bestinformed traders always beat the market.
Fundamental analysis is superior to technieal analysis.
You can earn abnormally large returns by frequently buying and selling whenever you obtain new information.
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