Shawn Earned an Average Return of 14

question 44

Essay

Shawn earned an average return of 14.6 percent on his investments over the past 20 years while the S&P 500,a measure of the overall market,only returned an average of 13.9 percent.Explain how this can occur if the stock market is efficient.

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Definitions:

Looking-Glass Self

The Looking-Glass Self is a sociological concept that describes how an individual's self-image is shaped by how others perceive them, essentially seeing ourselves through the eyes of others.

Strict Instructions

Directives or guidelines that are emphasized to be followed precisely without deviation.

Role Conflict

The stress or strain experienced by an individual when confronted with competing demands or expectations from multiple roles they occupy, such as work, family, and personal life.

Social Circle

A group of people with whom an individual interacts regularly, sharing similar interests, values, or social status.