NISM 21B Portfolio Managers Exam Notes

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  • Market Bubbles: Suggest inefficiencies, driven by sentiment.
  • Portfolio Implications: Efficiency affects alpha generation.
  • Technical Analysis: Less effective in weak-form markets.
  • Fundamental Analysis: Challenged in semi-strong markets.
  • Insider Trading Laws: Enforce strong-form barriers.

NISM 21B Portfolio Managers

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