The five investor camps that try to beat the stock market

This paper categorizes investors into five groups. They are: efficient markets, risk premium, genius superior traders, rejectors of efficient market theory and those who use research to make superior risk adjusted returns. Successful investment involves estimation and optimization and these are disc...

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Bibliographic Details
Main Author: William T. Ziemba
Format: Article
Language:English
Published: Elsevier 2020-12-01
Series:Borsa Istanbul Review
Subjects:
C02
G11
G12
Online Access:http://www.sciencedirect.com/science/article/pii/S2214845020300582