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Which of the following evidence weakens the EMF (efficient market hypothesis)? an investment adviser's past success or failure at picking stocks does not predict his
Which of the following evidence weakens the EMF (efficient market hypothesis)?
an investment adviser's past success or failure at picking stocks does not predict his or her future performance. | ||
stock prices tend to follow a random walk. | ||
technical analysis does not outperform the overall market. | ||
stock prices are more volatile than fluctuations in their fundamental values can explain. |
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