i will upvote immediately.

Overconfident investors are likely to take too little risk and trade too frequently. take too much risk and trade too infrequently, take too much risk and trade too frequently O take too little risk and trade too infrequently The term "random walk" describes the tendency of stock prices to take on random values. diverge from intrinsic (or fundamental) value. move for change) randomly. behave contrary to the Efficient Market Hypothesis. A technical analyst (or chartist) could believe in any of the following except that past returns help predict future returns support and resistance levels tend to be reliable O prices are usually in disequilibrium (e. price does not equal value) prices adjust rapidly and accurately to new information A fundamental analyst who believes he/she can "beat the market" with public information from sources other than financial markets (eg, the annual shareholder's report) believes the stock market to be no more than a random walk semi-strong-form efficient weak-form efficient strong-form efficient The Behavioral Critique, of behavioral finance theory. complements the Efficient Market Hypothesis (EMH) because it generates the same predictions recognizes that at times, the marginal traders, moving the market, may be less than fully rational all of the answers are correct emphasizes investor psychology, just like the EMH. Which of the following is the most likely action of investors with regret avoidance bias? They tend to make conventional investments, emulating others. They infer that good companies are also good investments. They attribute any loss to bad luck. They hold onto loser stocks for too long. Which of the following observations provide evidence for the semistrong form of the efficient market hypothesis? All of the answers are correct Mutual fund managers do not, on average, earn superior returns. Mutual fund who outperform others in one year, do not tend to consistently outperform in subsequent years. In any one year approximately 50% of mutual funds outperform the market