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KoolinIt KoolinIt
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Posts: 121
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4 months ago
The random walk theory suggests that

▸ diversification is pointless.

▸ stock prices are random.

▸ all stocks have an expected return of zero.

▸ stock price changes are random.
Textbook 
Corporate Finance

Corporate Finance


Edition: 5th
Author:
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studyinnursestudyinnurse
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4 months ago
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KoolinIt Author
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4 months ago
this is exactly what I needed
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Correct Slight Smile TY
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2 hours ago
Thank you, thank you, thank you!
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