Image transcription text

. Explain random walk . In two words, what causes the price of a stock to change? . Explain the Efficient
Market Hypothesis? . If we believe that the market is efficient (reflecting all information), in one word, what
causes it to be so? . Compare/Contrast the 3 forms of the EMH (Weak, Semi-Strong, and Strong)

Image transcription text

6. Compare/Contrast Technical Analysis vs Fundamental Analysis 7. Make an argument for a passive investment strategy for individual investors 8. If market is efficient, | might as well create a dartboard with the 500 stocks in the S&P 500, throw 10 darts, and buy those stocks. That would save me time from doing a bunch of research and trying to outsmart the market. Would this be a good approach? Why or why not?

1. Explain random walk 2. In two words, what causes the price of a stock to change? 3. Explain the Efficient Market Hypothesis? 4. If we believe that the market is efficient (reflecting all information), in one word, what causes it to be so? 5. Compare/Contrast the 3 forms of the EMH (Weak, Semi-Strong, and Strong)