In perfectly efficient markets, the investors who have profited in the past

Name: In perfectly efficient markets, the investors who have profited in the past
Brand: Quizplus
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In perfectly efficient markets, past performance does not guarantee future success. This is because all available information is already reflected in asset prices, making it impossible for any one investor to consistently outperform the market. Therefore, investors who have profited in the past are no more likely to do better in the future.

In Perfectly Efficient Markets, the Investors Who Have Profited in the Past