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For the following argument, please indicate whether is is consistent or inconsistent with market efficiency: There are investment gurus like Warren Buffett or Peter Lynch

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For the following argument, please indicate whether is is consistent or inconsistent with market efficiency: There are investment gurus like Warren Buffett or Peter Lynch that have consistently outperformed the market. a) Consistent b) Inconsistent For the following argument, please indicate whether is is consistent of IIL with market efficiency: With regard to the previous argument about Warren Buffet and Peter Lynch (There are investment gurus like Warren Buffett or Peter Lynch that have consistently outperformed the market), think about coin flipping: there can be consecutive heads (or tails) 10 or 20 in a row if you flip it long enough, just like someone consistently outperforming the market. a) Consistent

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