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The ideal size for a team depends on the:
Market Efficiency
A concept that describes the extent to which market prices fully reflect all available information, making it impossible to consistently achieve higher-than-normal returns.
Well-Organized Markets
Financial markets that are structured in a manner to ensure transparency, fair trading practices, and efficiency.
Semi-Strong Efficiency
A form of market efficiency where asset prices fully reflect all publicly available information.
Public Information
Data or knowledge that is available to the general public, not restricted by confidentiality or privacy laws.
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