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| 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 in mutual funds like a pro with Morningstar's Fearless Investing Series of workbooks (John Wiley & Sons, 2005). Click here for more information. | ||
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