Q11.27. Peter Lynch, a famous former fund manager for Fidelity, suggested that it is wise to invest
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Q11.27. Peter Lynch, a famous former fund manager for Fidelity, suggested that it is wise to invest in stocks based on "local knowledge"-you invest in the stock of your local supermarket if you notice that it does better than expected. In an efficient stock market, is this a wise recommendation?
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Diane Joyce Pastorin
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