Efficient securities markets imply that

Question

Efficient securities markets imply that​

Quizplus · Accepted Answer

Efficient securities markets imply that investors cannot expect to consistently outperform the market. This is because all publicly available information is already reflected in security prices, making it difficult for investors to gain an advantage through analysis or research. However, efficient markets do not necessarily mean that security prices are randomly determined or that there is little risk of loss over an extended investment horizon.

Efficient Securities Markets Imply That​

Efficient Securities Markets Imply That