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What advice should investors heed if markets are efficient? SmallCircle The best

ID: 2732417 • Letter: W

Question

What advice should investors heed if markets are efficient? SmallCircle The best - informed traders always beat the market. SmallCircle Fundamental analysis is superior to technical analysis. SmallCircle Mutual funds run by expert managers consistently outperform index funds. SmallCircle Random stock picks will perform as well as a series of hot stock tips over long periods of time. SmallCircle You can earn abnormally large returns by frequently buying and selling whenever you obtain new information.

Explanation / Answer

Answer : A : The best informed traders always beat the market