2013 Nobel prize in Economic Sciences was awarded.
Understanding Asset Prices.
The conclusion on this Nobel Prize 2013 Economics report is the following :
“Building on these findings, subsequent research has further investigated how asset prices are fundamentally determined by risk and attitudes toward risk, as well as behavioral factors.”
But are stock market,stocks and financial markets really efficient?Or is it impossible to predict future stock prices and get rich?Is technical analysis not helpful in predicting stock market movement up or down?
Money and stock market are tricky but both can be manipulated.