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- UID
- 223217
- 帖子
- 173
- 主题
- 143
- 注册时间
- 2011-7-11
- 最后登录
- 2013-8-22
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which one is least accurate about perfectly efficient pricing?
restrictions on short sales cause overvalued stocks to be relatively more common than undervalued stocks
arbitrage trading is characterized by too much capital chasing too few pricing inefficiencies, limiting the ability of arbitrage to bring about fully efficient prices
the returns to trading strategies based on analysis of new information must be sufficient to compensate for the time and effort required to analyze new information
they all sound so right... |
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发表于 2011-7-11 18:40
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