Hey /biz/antines, since all available information about companies is widely accessible to pretty much everyone with a computer, for standard equity traders are markets efficient? Are stocks sold at a "discount" because of some fundamental, technical, and/or macro valuation by the markets in aggregate reflecting all available data? Is the only way left to consistently beat the market without guessing latency arbitrage?
School me geniuses.
>>1104676
Markets in developed countries are efficient. However, markets for the risky developing countries usually are not. In fact, getting accurate financial information for say, a chilean company, may not be as easy as clicking on a link online.