One Perspective on the Efficient Market Hypothesis One Question to Consider Before Buying a Stock

One Perspective on the Liquidity of a Stock

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One of the ironies of the stock market is the emphasis on activity. Brokers, using terms such as 'marketability' and 'liquidity', sing the praises of companies with high share turnover. But investors should understand that what is good for the croupier is not good for the customer. A hyperactive stock market is the pickpocket of enterprise.