Chapter 8 Stock Price Behavior and Market Efficiency Our goal in this chapter is to discuss bull markets, bear markets, as well as other market phenomena and psychology. We will also consider if anyone can consistently “beat the market.” | C h a p t e r B Stock Price Behavior and B Market Efficiency Fundamentals of Investments Valuation Management second edition Charles J. Corrado Bradford D. Jordan McGraw Hill Irwin Slides by Yee-Tien Ted Fu One of the funny things about the stock market is that every time one man buys another sells and both think they are astute. - William Feather McGraw Hill Irwin 2002 by The McGraw-Hill Companies Inc. All rights reserved. 8-3 Stock Price Behavior and Market Efficiency Goal Our goal in this chapter is to discuss bull markets bear markets as well as other market phenomena and psychology. We will also consider if anyone can consistently beat the market. McGraw Hill Irwin 2002 by The McGraw-Hill Companies Inc. All rights .
