Multiple Choice
The efficient markets hypothesis predicts that stock prices follow a "random walk." The implication of this hypothesis for investing in stocks is
A) a "churning strategy" of buying and selling often to catch market swings.
B) turning over your stock portfolio each month,selecting stocks by throwing darts at the stock page.
C) a "buy and hold strategy" of holding stocks to avoid brokerage commissions.
D) following the advice of technical analysts.
Correct Answer:
Verified
Correct Answer:
Verified
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