Which group of investors is able to earn consistent superior profits if the financial markets are strong-form efficient?
A) Only fundamental analysts will be able to profit
B) Only technical analysts will be able to profit
C) Only specialists, analysts and insiders in the company will be able to profit
D) No one will be able to sustain superior profits

Question

Quizplus · Accepted Answer

If financial markets are strong-form efficient, all publicly available information is already reflected in stock prices, and no one can consistently earn superior profits, regardless of their strategy or expertise.

Which Group of Investors Is Able to Earn Consistent Superior