The Theory of Efficient Markets Means

question 123

Multiple Choice

The theory of efficient markets means

• A) professional fund managers should be able to consistently beat the market average.
• B) a professional fund manager should really not expect to beat the market average consistently.
• C) a professional fund manager who beats the market average one year should be expected to beat the market average the next year.
• D) a professional fund manager who beats the market average one year should be expected to not beat the market average the next year.

---

Definitions:

Designer Cookware

High-quality cooking utensils and equipment designed with a focus on aesthetics, functionality, and premium materials.

Positioning

The strategy of placing a brand or product in a particular market segment to distinguish it from competitors, aimed at creating a unique impression in the minds of consumers.

BBQ Restaurant

A dining establishment specializing in barbecue-style cuisine, known for grilling or smoking meats.

Sports Bar

A type of establishment that combines a bar with a sports theme, typically broadcasting sporting events for patrons.