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When we talk about market efficiency we mean 1Point operational efficiency or how fast a trade can be executed. informational efficiency or how much information
When we talk about market efficiency we mean 1Point operational efficiency or how fast a trade can be executed. informational efficiency or how much information is accurately reflected in current stock prices. portfolio efficiency or how fast our portfolio will make money. all of the above. Implications of efficient markets include that 1 Point you can't make money in an efficient market. all assets have the same return. you do not need to diversify. none of the above
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