If Markets Are Efficient,which of the Following Investors Should Achieve

question 29

Multiple Choice

If markets are efficient,which of the following investors should achieve superior returns over time?

• A)Investors who choose stocks by throwing darts at a list of stocks in the financial pages of a newspaper
• B)Analysts who spend considerable time evaluating the best stocks to buy
• C)Mutual fund managers who manage other people's money for a living
• D)None of the options

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Definitions:

Integrity

The quality of being honest and having strong moral principles.

NASW Code

The NASW (National Association of Social Workers) Code of Ethics is a set of guidelines for professional conduct in the field of social work, focused on serving the welfare of individuals and communities.

Trustworthiness

The quality or state of being reliable, dependable, and worthy of trust, often regarded as a fundamental trait in personal and professional relationships.

Confidentiality

The requirement to keep certain information private and not disclose it without proper authorization.