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Many finance professionals believe that the stock market efficiently prices-in all available information. As a result, a popular truism holds that it is impossible to

Many finance professionals believe that the stock market efficiently prices-in all available information. As a result, a popular truism holds that it is impossible to outperform the market- and therefore a person should always be invested. Others disagree. Provide evidence which illustrates the market is not always efficient and thus can be outperformed.

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