Topic 9 - BMGT 343 Investments Prof Anna Obizhaeva Office...

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1 BMGT 343: Investments Prof. Anna Obizhaeva Office: VMH 4428 Phone: (301) 405-7934 Email: [email protected] Market Efficiency Anna A.Obizhaeva Section 0101 T Th 9:30-10:45 am in VMH 1307 Section 0201 T Th 11:00-12:15 pm in VMH 1307 Section 0301 T Th 12:30-1:45 pm in VMH 1307 Office Hours : Wed 10:00-11:00 am or by appointment Market Efficiency Topic 9: Market Efficiency Market Efficiency Anna A.Obizhaeva
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2 General Overview In the previous topic, we studied the CAPM – one of the frameworks that provides us with the intuition on what the expected returns should be. should be. The CAPM allows to find whether securities are underpriced or overpriced. Market Efficiency Anna A.Obizhaeva General Overview (cont’d) Market Efficiency Anna A.Obizhaeva Question: which stocks would you recommend to buy and to sell?
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