Question
14. If markets follow semi-strong form efficiency, and you enter a stock picking game with no transaction costs, which of the following has the greatest
14. If markets follow semi-strong form efficiency, and you enter a stock picking game with no transaction costs, which of the following has the greatest chance of winning the contest by having the highest total value of investments at the end? (a) performing careful research before selecting 10 companies from different industries (b) putting everything in a single stock with ticker symbol matching your mother's initials (c) picking 10 stocks based on past results (i.e., picking stocks that have outperformed the market) (d) all of the above have the same chance of winning
why choose B?
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