Which of the following two statements about the Efficient Market Hypothesis is true?

S1: According to strong form efficiency, investors cannot outperform (beat) the market by analyzing historical publicly-available information.

S2: According to the weak-form efficiency, investors can beat the market by having access to private (insider) information.

Group of answer choices

Both, S1 and S2 are correct

Both, S1 and S2 are false

S2 is correct but S1 is false

S1 is correct but S2 is false