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Researchers examined stock market accounts over a 15 year period in Finland. To their surprise, when the researchers analyzed the data according to investor age,

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Researchers examined stock market accounts over a 15 year period in Finland. To their surprise, when the researchers analyzed the data according to investor age, the accounts belonging to the youngest children (and managed by their parents) had the best performance. These accounts appeared to be especially successful when it came to major company events such as merger or takeover announcements. "Since this outperformance is especially evident for short horizons, the researchers write,'t likely stems from superior private information that is about to become public. Based on this information, what can you infer about stock market efficiency in Finland? Edit Format Table 12pt Paragraph | BI VALT ||

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