From the perspective of a proponent of market efficiency, why is it surprising that trades based on

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From the perspective of a proponent of market efficiency, why is it surprising that trades based on insider trading data found in the SEC's Official Summary of Insider Transactions appear to produce significant abnormal profits?

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Fundamentals of Investments

ISBN: 978-0132926171

3rd edition

Authors: Gordon J. Alexander, William F. Sharpe, Jeffery V. Bailey

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Question Posted: Mar 16, 2016 02:54 AM

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From the perspective of a proponent of market efficiency, why is it surprising that trades based on

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The insider trading data reported in the Official Summ...View the full answer

Fundamentals of Investments

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