Successful implementation of which of the following is inconsistent with the efficient market hypothesis?
A) Short selling
B) Stock lending
C) Certificateless trading
D) Tactical asset allocation

Question

Quizplus · Accepted Answer

Tactical asset allocation involves making short-term adjustments to a portfolio based on market predictions, which contradicts the efficient market hypothesis that suggests it is impossible to consistently outperform the market through such predictions.

Successful Implementation of Which of the Following Is Inconsistent with the Efficient