Which economist suggested that neither fundamental nor technical analysis helps outperform the market?
AHomma Munehisa
BEugene Fama
CCharles Dow
DBurton Malkiel
Answer & Solution
Correct answer: D. Burton Malkiel
Burton Malkiel argued that neither method is useful for beating the market.
Keep practising Security Analysis
Browse all Security Analysis questions for CA Final, or explore more Strategicfinancialmanagement topics.
Related questions
Investment strategies such as momentum trading seek to exploitThe Fama-French 3 factor model includes a size factor calledSmall neglected stocks and value stocks earning abnormally high returns are examples ofBehavioral economists attribute market imperfections toWho argued in 1945 that markets are the most effective way of aggregating dispersed informWhich French mathematician's 1900 thesis The Theory of Speculation anticipated market effiThe problem that market efficiency can never be tested without also testing a risk model iIf markets are only weak-form efficient, which method is useless for abnormal profits?