单选题 Which of the following statements about the efficient market hypothesis is FALSE ?
  • A. Exchange specialists derive above-average returns from private information.
  • B. Runs tests are used to test the weak form of the efficient markets hypothesis.
  • C. Efficient markets tests have found that professional money managers, as a group, have consistently outperformed the market.
【正确答案】 C
【答案解析】Professional money managers, as a group, have not been found to outperform the market.