Geoffrey Henley, a professor of finance, states: The capital market is efficient. I dont know why anyone
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Geoffrey Henley, a professor of finance, states: “The capital market is efficient. I don’t know why anyone would bother devoting their time to following individual stocks and doing fundamental analysis. The best approach is to buy and hold a welldiversified portfolio of stocks.” Do you agree? Why or why not?
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Related Book For 
Business Analysis And Valuation Using Financial Statements Text And Cases
ISBN: 9780324015652
2nd Edition
Authors: Krishna G. Palepu, Paul M. Healy, Victor Lewis Bernard, W.Gordon Filby
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