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The efficient market hypothesis implies that: a portfolio of stocks selected by experts will always outperform a portfolio selected by nonexperts. it is possible for
The efficient market hypothesis implies that:
a portfolio of stocks selected by experts will always outperform a portfolio selected by nonexperts.
it is possible for a portfolio of randomly picked stocks to outperform a portfolio selected by experts.
publicly held information is enough to predict the future movements of a stock.
stocks do not follow a random walk.
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