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The statement that there are no free lunches on Wall Street suggests that: the market is strong-form efficient. there is no return to technical or
The statement that there are no free lunches on Wall Street suggests that:
- the market is strong-form efficient.
- there is no return to technical or fundamental analysis.
- security prices reflect all available information.
- food stocks offer the lowest rates of return
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Financial Markets and Institutions
Authors: Frederic S. Mishkin, Stanley G. Eakins
8th edition
013342362X, 978-0133423624
