Are Financial Markets Efficient? - Raghavendra Rau
Gresham College Lectures
00:00
Contrasting Financial Analysis Approaches
This chapter examines the differences between fundamental and technical analysis in financial market evaluation. It highlights the evolution of financial theories, such as general equilibrium, and discusses the implications of market efficiency, emphasizing how prices reflect available information rather than underlying company dynamics. The interactive element of the chapter engages participants in strategic thinking around stock pricing, revealing human tendencies to seek patterns amidst market randomness.
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