1. What are the implications of the efficient market hypothesis (EMH) for investors who buy

and sell stocks to beat the market, explain. I'm looking

for application of course material vs a definition.

2. Critically evaluate the following

statement: Playing the stock market is like gambling.

Such speculative investing has no social value, other

than the pleasure people get from gambling. Do you

agree or disagree? Why or why not? Again you must tie

in with Chapter Concepts

All sources must be cited, failure to cite a source can be

considered plagiarism.