Jennifer : You know l took a course in
finance, but I really cannot follow these
arguments that are going on concerning the
Colin : That's because in finance text
books, markets are perfect and stock prices
reflect all available financial information.
Jennifer : ----.
Colin : Exactly!
A) Can't they do something to ensure that
individual stocks are more accurately
B) But how are investors reacting?
C) Are genuine earnings actually appreciably
lower than investors have been led to
D) l suppose you're actually saying that in the
real world this is not the case; is that it?
E) Actually, l reckon the buying and selling of
stocks is basically a form of gambling; what
do you think?