Outperform the market or beat the market--the security will produces higher returns, for a given timeframe than the major market indexes.
The Efficient Market Hypothesis, or EMH, is an investment theory that share prices reflect all information thus theoretically, neither technical nor fundamental analysis can produce risk-adjusted excess returns thus impossible to outperform the overall market through expert stock selection or market timing. Passive management is a style of management associated with mutual and exchange-traded funds (ETF) where a fund's portfolio mirrors a market index. Passive management is the opposite of active management in which a fund's manager(s) attempt to beat the market. Donna Y [email protected] > On Aug 12, 2019, at 7:18 PM, Raul Miller <[email protected]> wrote: > >> Outperforming the market is next to impossible if EMH holds—might as well > invest in passively managed vehicles. ??? > > But what does that mean? ---------------------------------------------------------------------- For information about J forums see http://www.jsoftware.com/forums.htm
