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  3. Study Set
    Investment Analysis and Portfolio Management Study Set 1
  4. Exam
    Exam 5: Efficient Capital Markets, Behavioral Finance, and Technical Analysis
  5. Question
    To Take Advantage of Long-Run Price Movements in an Efficient
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To Take Advantage of Long-Run Price Movements in an Efficient

Question 86

Question 86

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To take advantage of long-run price movements in an efficient market, you must do a superior job of estimating the relevant variables that cause these long-run movements.

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