Advances in Investment Analysis and Portfolio Management
Contributors: Cheng-Few Lee (Editor); Son-Nan Chen (Editor)
Publisher: Elsevier Limited
Published: November 1, 1995
Language: eng
Format: Hardcover
Number of pages: 324
ISBN-13: 9781559387651
Subjects: Investment & securities; Investment Analysis; Business & Economics; Business / Economics / Finance; Business/Economics; Science/Mathematics; Investments & Securities - General; Business & Economics / Investments & Securities; Portfolio management
First sentence: The efficient markets hypothesis implies that stock market prices should follow a random walk and thus, stock returns should be unpredictable.