"Any one out there knows about the Implications of Efficient Market Hypothesis for investment decisions for the professional money manager??"

Can some one out in the Docsity world provide the details of the implications for the Investment Decision Efficient Market Hypothesis. for a professional money manager.
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"For professional money managers - Less time spent on individual securities: Passive investing favored, Otherwise must believe in superior insight - Tasks if markets information-ally efficient: Maintain correct diversification, Achieve and maintain desired portfolio risk, Manage tax burden, Control transaction costs. Source:"
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A great investment hypothesis which suggests it is impossible to help "defeat the market industry" since wall street game performance causes recent discuss price ranges for you to constantly incorporate along with reveal many appropriate information.
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