Discussion 1 (250-word min) Prior to beginning

Discussion 1 (250-word min) Prior to beginning work, read about Market Efficiency. “We know that the success of alternative investment strategies depends largely on market efficiency” (Jones & Jensen, 2020, p. 315). In this discussion, you will solidify your understanding of the efficient market theory and its implications on investment strategy. Initial Post: You are talking with your work colleagues about market efficiency. In your post take the position that the U.S. stock market represents a semi-strong efficient market. In your initial post, explain the following: Explain what is meant by a semistrong-form efficiency Explain two research studies that support semistrong efficiency and use those studies to support your argument (include studies as resources). Explain the implications of a semi-strong efficient market on investors. Discussion 2 (300-word min) In your journal, be sure to address the following: Summarize the efficient market hypothesis.Summarize the two positions of market efficiency (semistrong form and strong form).State which position you believe.Justify your position.Explain what your belief implies about how you should manage your own investments.