Consider the case where all investors are passive investors: They buy index finds. What is your prediction

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Consider the case where all investors are passive investors: They buy index finds. What is your prediction about how stock prices will behave overtime? Will they follow a random walk?

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Financial statements

ISBN: 978-007802531

5th Edition

Authors: Stephen Barrad

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Question Posted: Mar 17, 2012 06:05 AM

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Consider the case where all investors are passive investors: They buy index finds. What is your prediction

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Index investors buy a market indexthe SP 500 sayat its current price With no one ...View the full answer

Financial statements

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