The fact that the majority of stock mutual funds cannot outperform the stock market averages is...
The fact that the majority of stock mutual funds cannot outperform the stock market averages is consistent with:
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the no free lunch principle. |
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the risk-return trade-off principle. |
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the efficient markets hypothesis. |
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the active trading hypothesis. |
Homework Answers
Answer
Option 3
the efficient markets hypothesis
The efficient market hypothesis states that the market can not be beaten on the basis of some information as it works on complete and new information.
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The fact that the majority of stock mutual funds cannot
outperform the stock market averages is...
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