Bridge over ocean
1 January 1975 Research Foundation

Is Financial Analysis Useless?

  1. William F. Sharpe
  2. Edmund A. Mennis, CFA
  3. Michael C. Jensen
  4. Neil Wright
  5. Frank E. Block, CFA
  6. Jack Treynor
  7. Jerome L. Valentine
Is Financial Analysis Useless? View the full book (PDF)

This proceedings issue consists of the papers presented at the first C.F.A. Seminar, entitled Is Financial Analysis Useless? an examination of the efficient market hypothesis and the random walk hypothesis. The seminar was held in Houston on May 20, 1974, and sponsored jointly by The Institute of Chartered Financial Analysts and The Financial Analysts Research Foundation, and made possible through a grant from Texas Commerce Bank.

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