Which type of analyst should generally outperform the market index according to the efficient markets hypothesis?

Question

Quizplus · Accepted Answer

The efficient markets hypothesis states that all available information is already reflected in stock prices, so it should be impossible for any analyst, whether technical or fundamental, to consistently outperform the market index over time. The idea of a random walk implies that this is simply due to the unpredictability of future stock prices. Therefore, none of the above choices should be expected to consistently outperform the market index.

Which Type of Analyst Should Generally Outperform the Market Index