The various lessons of market efficiency are
A)markets have no memory and trust market prices only.
B)markets have no memory, trust market prices, read the entrails, and the do-it yourself alternative.
C)markets have no memory and seen one stock, seen them all.
D)markets have no memory; trust market prices; read the entrails; the do-it yourself alternative; and seen one stock, seen them all.

Question

Quizplus · Accepted Answer

The lessons of market efficiency include the ideas that markets have no memory, trust market prices, read the entrails, the do-it-yourself alternative, and seen one stock, seen them all. These concepts reflect the belief that past market performance does not predict future results, market prices reflect all available information, and individual analysis or stock picking may not consistently outperform the market.

The Various Lessons of Market Efficiency Are