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If the Random Walk Theory Is Correct, Then Is There

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Essay

If the random walk theory is correct, then is there any way to "beat the market"?


Definitions:

Liter

A metric unit of volume equal to one cubic decimeter or 1,000 cubic centimeters, commonly used to measure liquids.

Basic Unit

The smallest, fundamental component or building block of a system or structure.

Metric System

A decimal system of weights and measures based on the meter, liter, and gram as units of length, capacity, and weight or mass, respectively.

Drug

A substance used in the diagnosis, treatment, or prevention of diseases, capable of affecting physical or mental functions.

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