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If you believe in efficient capital markets, as an investor, you would: Give your money to a mutual fund manager who promises to select the

If you believe in efficient capital markets, as an investor, you would:

Give your money to a mutual fund manager who promises to select the best stocks

Follow a passive investment strategy by investing in a index fund with low fees

Read newsletters that promise to tell you which stocks will increase in value every month

Give your money to a hedge fund manager who promise you high rates of return

Buy individual stocks by borrow money and buy and sell stocks everyday

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