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QUESTION
Profiting from Valuation Research- It might be observed that to profit from valuation and equity research, an analyst needs to assume or believe that...
- Profiting from Valuation Research -
It might be observed that to profit from valuation and equity research, an analyst needs to assume or believe that markets are inefficient. Do you agree with that view or is it appropriate to assume that markets are efficient and that valuation and equity research can be profitable because they deliver superior insight about future performance?
