The strong form of the efficient markets hypothesis contends that
A) no one can consistently earn a profit.
B) abnormal profits are randomly distributed.
C) no one can consistently earn abnormal profits.
D) a select few institutional investors can earn abnormal profits.

Question

Quizplus · Accepted Answer

The strong form of the efficient markets hypothesis asserts that all information, both public and private, is reflected in stock prices, meaning no one can consistently earn abnormal profits.

The Strong Form of the Efficient Markets Hypothesis Contends That