Question
It might be observed that to profit from valuation and equity research, an analyst needs to assume or believe that markets are inefficient.Do you agree
It might be observed that to profit from valuation and equity research, an analyst needs to assume or believe that markets are inefficient.Do you agree with that view or is it appropriate to assume that markets are efficient and that valuation and equity research can be profitable because they deliver superior insight about future performance?
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Public Finance
Authors: Harvey Rosen, Ted Gayer
10th edition
9781259716874, 78021685, 1259716872, 978-0078021688
