Geoffrey Henley, a professor of finance, states: “The capital market is efficient. I don’t know why.

Geoffrey Henley, a professor of finance, states: “The capital market is efficient. I don’t know why anyone would bother devoting their time to following individual stocks and doing fundamental analysis. The best approach is to buy and hold a well-diversified portfolio of stocks.” Do you agree? Why or why not?View Solution:
Geoffrey Henley a professor of finance states The capital market