How would you respond to the following comments

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Reference no: EM13301042

How would you respond to the following comments?

a. "Efficient market, my eye! I know lots of investors who do crazy things."
b. "Efficient market? Balderdash! I know at least a dozen people who have made a bundle in the stock market."
c. "The trouble with the efficient-market theory is that it ignores investors' psychology."

Reference no: EM13301042

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