The concept that it is very difficult to consistently pick winners in the stock market without inside information is known as:
A)a random walk.
B)a double coincidence of wants.
C)the crowding out effect.
D)arbitrage.

Question

The concept that it is very difficult to consistently pick winners in the stock market without inside information is known as:
A)​a random walk.
B)​a double coincidence of wants.
C)​the crowding out effect.
D)​arbitrage.

Quizplus · Accepted Answer

The concept of a random walk suggests that stock prices are unpredictable and follow a random pattern, making it difficult to consistently pick winners without inside information.

The Concept That It Is Very Difficult to Consistently Pick