Business, 21.04.2020 03:19 juliagearhart9p229te
J. M. Keyes put all his money in on tock, and the stock doubled in value in a matter of months. He did this three times in a row with three different stocks. J. M. got his picture on the front page of the Wall Street Journal. However, the paper never mentioned the thousands of investors who made similar bets on other stocks and lost most of their money. This is an example of the problem in deciding how efficient the markets are.
a. Magnitude
b. Selection bias
c. Lucky event
d. Small firm
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What is considered to be a significant disadvantage of owning
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J. M. Keyes put all his money in on tock, and the stock doubled in value in a matter of months. He d...
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