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3. a) Recall the EMH you learned in week 3. if everyone in the market believes in resistance levels, why do these beliefs not become
| 3. a) Recall the EMH you learned in week 3. if everyone in the market believes in resistance levels, why do these beliefs not become self-fulfilling prophecies? | ||||||||||||||||
| b) With reference to the active versus passive portfolio management, what would happen to the market efficiency if all investors attempted to follow a passive strategy? | ||||||||||||||||
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Urban Public Finance
Authors: D. Wildasin
1st Edition
0415851882, 978-0415851886
