(c) Can you cite any reasons to use fundamental or technical analysis in your stock selection process? If not, how would you go about selecting stocks?

(d) Describe the method used to test for semi-strong form efficiency. Use examples to support your answer.

(iii) Explain the implications of your results to the concept of diversification based on the key differences between the two approaches in estimating the mean variance optimal portfolio: the Sharpe diagonal and the Markowitz approach.

a)Differentiate between passive and active portfolio management based on Speculative Investment Strategies