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Course 502: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Efficient Market Theory | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Given the seemingly nonsensical price swings in the stock market, it's hard to believe that anyone could call the stock market "efficient." Yet that's exactly what Burton Malkiel did in his 1973 book, A Random Walk Down Wall Street. This course explains what efficient market theory is, explores the arguments against it, and shows what the theory has to do with your portfolio. Next: What Efficient Market Theory Is >> |
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Learn how to invest like a pro with Morningstar’s Investment Workbooks (John Wiley & Sons, 2004, 2005), available at online bookstores. | ||
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