Penny-wenny

Weak EMH claims that prices on traded assets (e.g., stocks, bonds, or property) already reflect all past publicly available information.

Semi-strong EMH claims both that prices reflect all publicly available information and that prices instantly change to reflect new public information.



Weak: past info

semi: past and present

strong: past, present, and insider



It's meant to trick you and the question sucks, I agree



Edited 2 time(s). Last edit at Wednesday, June 2, 2010 at 05:05PM by nickfaulkner.