Question 30 (2.5 points) As initially defined by Benjamin Graham and David Dodd, Value Investing rests on which of the following characteristics of financial markets? Prices of financial securities are subject to significant and capricious movements The "Intrinsic" value of a security is one thing; the market price is something else. They are sometimes identical, but often diverge. A strategy of buying securities only when their market price is significantly below intrinsic value will produce superior investment results in the long-run. Ma All of the above