Chloe talked to several stockbrokers and made the following conclusions. Which, if any, of Chloe's conclusions are correct? A. It is relatively easy to reduce firm-specific risk by increasing the number of companies one holds stock in. B. Some people have made a lot of money in the stock market by using insider information, but these cases are not contrary to the efficient markets hypothesis. C. Stock prices, even if not exactly a random walk, are very close to it. D. All of Chloe's conclusions are correct.
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