Wednesday, March 18, 2020
8 Best Romance Authors Which Authors to Follow and Even Learn From
8 Best Romance Authors Which Authors to Follow and Even Learn From 8 Best Romance Authors: Which Authors to Follow and Even Learn From Brace yourself, because youââ¬â¢re about to feast your eyes on the best and totally non-partial or biased list of the best romance authors.Out of the millions of crazy-talented authors out there, Iââ¬â¢ve managed to put together 8 of the best romance authors I think were integral in shaping the lives of so many artistic, hopeless romantic souls vying for a place in this book genre.Here are the 8 best romance authors:Jenna MoreciJosie SilverRainbow RowellAudrey NiffeneggerNicholas SparksJudy BlumeRichelle MeadHelen HoangNOTE: We cover everything in this blog post and much more about the writing, marketing, and publishing process in our VIP Fiction Self-Publishing Program. Learn how to write a kickass romance! Learn more about it hereWhat makes a good romance novel?It goes without saying that these romance authors books have become bestsellers. However, itââ¬â¢s a long way to get through to get on a bestseller list, but itââ¬â¢s real!If you are one of those crazy guys who d are to overcome this path, make sure to pay attention to each and every detail of publishing your book.Genuine romance authors know how to draw their readersââ¬â¢ attention right from the first page and even distract you from mulling over the plot even when you are not reading.The most important point is they follow their idea, moving, sad, and a bit insane (or absolutely crazy one).Best Romance Authors to Read and Learn FromWithout further ado, hereââ¬â¢s my list of the best romance authors.You can read for fun or, if youre looking to write a book, you can read and learn from their methods and techniques.#1 Jenna MoreciWhile Moreci doesnt just write romance, the romance included in her novels are drool-worthy, intriguing, and most importantly, healthy.This authors debut novel Eve: The Awakening featured a romantic subplot amidst interlopers, chimeras, and more and still held its own and shined.Her second novel of a separate series, The Saviors Champion is a romantic fantasy adventure where yes, the romance is a part of the main plot (and lets be real, I could read about these characters love story forever!).Moreci has a way of delivering the romance in a natural, yet intoxicating manner while sticking true to a healthy relationship- something this industry is in desperate need of.If you love romance (along with some action), this is the author to keep an eye on.#2 Josie SilverThe Wolverhampton native is the author of One Day in December, a rising cult favorite that rose to fame thanks to the palpable warmth and charming characters that spring to life in every page.Lovely doesnââ¬â¢t even begin to describe Silverââ¬â¢s writing; her words and stories are imbued with so much magic itââ¬â¢s hard not to cry or swoon when youââ¬â¢re so far deep into the story. Although One Day in December is the first and only book in her repertoire at the moment, weââ¬â¢re hopeful for part 2 to Jack and Laurieââ¬â¢s whirlwind romance- or at least a spin-o ff!One Day in December is the magic and chaos that ensues when youââ¬â¢re pretty certain youââ¬â¢ve just locked eyes with the love of your life, only for your bus to depart without him.After a year of searching for him, youââ¬â¢re reunited one fateful night at your very own Christmas party- except heââ¬â¢s dating your roommate and BFF. Ten years of friendships, heartbreak, missed opportunities, and what ifs, roads not taken, and fate are reconsidered.Josie Silverââ¬â¢s masterpiece is a reminder to everyone out there ââ¬â hopeless romantic or otherwise ââ¬â that true love and fate take inexplicable turns along the way to happiness, but it gets there.So, to everyone out there who randomly locks eyes with someone cute on the way to work ââ¬â if you feel it in your bones that theyââ¬â¢re the one for you, go out there and do it! Who knows? They just might be the Jack to your Laurie!#3 Rainbow RowellIf you love a good cry or heartwarming page tuner, then we r eckon you should pick up any book from Miss Rowellââ¬â¢s highly acclaimed selection that goes from raw and real adult stories to warm and relatable teenager ones ââ¬â all with a panache only the Nebraska local is capable of.Rainbow Rowell has churned out masterpieces like Attachments, Landline, Eleanor Park, Fangirl, and Carry On.Out of the impressive lot, our winner is Eleanor Park!Who knew domestic abuse, child abuse, themes of escape, bullying, and body image issues would make for one knock-out novel? Eleanor Park is everything a coming-of-age story should be.It makes you feel things so strongly, transports you to a time and place where all you can feel is Eleanor and how the world shifts around her.Together you weep at her circumstances. Together your hearts flutter for one Park Sheridan. Together you escape to Minnesota in the hopes of surviving the hand you were drawn. Riveting, raw, and real, this love story is something so uniquely special, itââ¬â¢ll be engraved on your brain for a long, long time.#4 Audrey NiffeneggerOkay, hear us out ââ¬â time travel, unsurmountable passion, and a lifetime of waiting and intertwined destinies ââ¬â could it get any better than this? Right, didnââ¬â¢t think so.Niffenegger gave the world a gift when she released The Time Travelerââ¬â¢s Wife, one of the most widely successful romance books and films to have made it into the mainstream and cult favorite niche.The story takes place between two lovers; Henry, a man born with the inexplicable ability to time travel, and Clare, a woman he has been drawn to meeting in several timelines.They fall in love, and what follows next is a series of beautiful and tragic moments that teach us the pains of having to wait your whole life for the one that owns your heart.We could only dream of creating work as stunning and riveting as this. We have so much respect for writers who hone their craft and go through the motions of delivering content that is nothing s hort of brilliant.It can be a huge, daunting task, but thanks to lifehacks like Spreadsheeto to help the best of the best streamline ideas and get that creativity flowing quickly and efficiently.#5 Nicholas SparksNicholas Sparks is on this list of best romance authors, so that means this is pretty legit now, eh?Kidding aside, this multi-awarded novelist and screenwriter is famous for bringing into the world a string of romance novels worthy of their own films.Oh wait, most of them are already on the silver screen (and doing great at that!).Sparks specializes in the language of intimacy and picturesque moments in time, and some of his greatest work include A Walk to Remember, The Notebook. The Last Song, Night in Rodanthe, The Lucky One, and Dear John.Out of the string of popular picks, The Notebook is our favorite! (Shocker). Ryan Gosling aside, the story is impeccable from beginning to end. Who doesnââ¬â¢t love young, passionate romance fueled by differences in societal rank an d one nosey-as-hell mother out to get in the way of her teenage daughterââ¬â¢s whirlwind romance with a so-called hooligan?What you can expect from this fantastic read is a love story youââ¬â¢ll be begging the gods for.#6 Judy BlumeHailing from New Jersey, Judy Blume is a multi-awarded child and young adult novelist whose incredible work has landed her permanency and veteran status in the hall of romance book fame.The brilliant mind behind Tiger Eyes, Forever, Are You There, God? Itââ¬â¢s Me, Margaret, Deenie, Blubber, and Tales of a Fourth Grade Nothing, Blume is out to conquer the world of fiction with one amazing book at a time.Our favorite out of the impressive lineup? Forever! Teenage sexuality, teenage angstâ⬠¦ just all of the glorious, painful, and all too real moments about being a young teenager in love are captured perfectly in Blumeââ¬â¢s tale of navigating through youth in all its awkward intricacies. 12/10 would read again!#7 Richelle MeadThe goddess o f all things fiction, fantasy, and romance, Richelle Mead has reached household name levels of fame from exquisitely written novels that play up our favorite kind of scary ââ¬â or in this case, sexy ââ¬â ghouls: vampires!Mead is the author of the Vampire Academy series, which has subsequently been turned into a movie.Warning: not falling in love with Adrian Ivashkov is absolutely impossible.#8 Helen HoangThis American romance authors debut, The Kiss Quotient, is a breath of fresh air for more reasons than one: her heroine is autistic ââ¬â yes, you read that right ââ¬â and suffers from Aspergerââ¬â¢s disease.Not only is her work inclusive, its also realistic and speaks to a much-needed group of people who have been underserved until her work.Get. Your. Hands. On. This. Book. Honey. Or everything on this list, for that matter!Every one of these guys is pure talent. But to succeed in this niche where every other one fails is impossible without a successful marketing campaign.Hard difficult work, but undoubtedly worth trying!Ready to have YOUR name on this list?Writing a novel, of any kind, is a feat thats not easy on your own.Check out this free training so you can write, market, and successfully publish your own romance novel and create passive income for yourself!
Sunday, March 1, 2020
Is Your Body Language Professional
Is Your Body Language Professional Ever wondered what coworkers think of you? Or how you look to hiring managers? We all have an image of how we think we present ourselves, but sometimes it can be quite useful to check in and make sure weââ¬â¢re not too far off the mark. Check Your Vocal TicsDo you have any annoying vocal patterns? Say ââ¬Å"umâ⬠too much? Constantly go up in pitch at the end of your sentences? Ask a friend you trust to tell you every time you repeat one of these things- or better yet, record yourself speaking as you might in an interview or presentation to the boss. Youââ¬â¢ll get a much better sense of how you sound to others and will be able to make adjustments.Settle Your HandsDo you constantly twirl your hair or fiddle with your jewelry? Do you always have your hands in your pockets or your arms crossed? Any of these habits we turn to when feeling bored or awkward can be perceived as nervous or aloof and can make a bad impression. Weââ¬â¢re not saying you can never touch your hair or put your hands in your pockets, just be aware of how often you are doing it so it doesnââ¬â¢t become a bad habit.Make Sure Gestures Have MeaningWe use our hands when we speak for emphasis and clarity- and sometimes just because weââ¬â¢re used to doing it! Sometimes our hand gestures can be distracting, though, so itââ¬â¢s always best to run through our patterns and make sure weââ¬â¢re using our hands to our best advantage.Try holding your arms open at a 45 degree angle with your palms up to appear more honest and approachable, or touch your fingertips together when you want to express precision. Place your palms firmly down to signify certainty. And practice these so they appear natural and unrehearsed.Move Your HeadPeople can learn a lot from how you hold your head. A tilt can express compassion when someone tells you a sad story. Holding yourself upright and straight can portray confidence in negotiations, by appearing more authoritative and neutral. Start noticing how you move your head and in which situations, so you can adapt if necessary.Flex Your MusclesResearch shows that flexing muscles, any muscles, can actually help improve willpower and confidence. The next time youââ¬â¢re negotiating or trying to articulate a point, see whether flexing a muscle or two imperceptibly can give you an extra boost.
Friday, February 14, 2020
Beethoven's Hearing Loss & Its Effect On His Music Research Paper
Beethoven's Hearing Loss & Its Effect On His Music - Research Paper Example He was born in 1770 and in around 1800, his hearing sense started to deplete with every passing day and in some years, he was totally deaf to hear anything around him. This sorrowful event in his life did not only affect his life, rather his whole career was at the stake and he had to abandon the pianist classes and performances. Ludvig continued to compose different lyrics for music and shows but his art of singing and performing live was depleting swiftly. He was of the view the music is being affected badly by his performance being deaf. Dissonant harmonies are a must to feel and hear when you are performing on a public platform to imbibe and integrate the learning capacity in music. He as not unable to hear anything thus he had to leave singing and performing in the general masses1. The early strike of deafness isolated Ludvig Beethoven because of the fact that this great artist was at the peak of his career when the deafness started. Experts are of the view that if this deafness would not have been struck Ludvig , he would have become a great director and virtuoso pianist. Ludvig was a man of a few words form the very first day and his aim was only to performance rather than to speak but deafness forced him to stay out of any social circle. The deafness was very slow and growing erratically. The slow augmentation of hearing problems broke the heart of Beethoven and pushed him to leave his career. Many artists tried to make Ludvig understand the fact that there is a peculiar originality in hiswork because when person hears other sounds, there is an increased chance and tendency of copying the content whereas in case of Ludvig, there was uniqueness and creativity not only in his work but also in his style, his pianist approach, his lyrics but all these motivation could not inject the sense of performing and singing in front of people because he thought it would affect the music itself. When Ludvig was 26 years old, in the year of 1796, he started to experien ce the symptoms of deafness when he heard the tinnitus, a "ringing" in his ears. According to the letter written by Beethoven to his friendin 1801, it is depicted that Beethoven always wanted to continue his career at the start when the magnitude of the deafness was not known to anyone. He wrote to his friends that these days heis suffering from hear loss symptoms and how he is much worried about the effect of this problem on his profession. Beethoven continued to go for the musical concerts and public events despite of the deteriorating hearing condition. In the stage performance of his Ninth Symphony, he had to move his face towards the audience to experience the big applause on his performance. He was so shocked on this that he wept in front of the whole audience2. Many experts and historians are of the view that Beethoven wanted to appear in pubic even after the depletion of his hearing power because at the start, he said that hearing has nothing to do with singing and I can con tinue with my career. But after a failed public attempt in 1811 to perform his own Piano Concerto No. 5 (the "Emperor"), he never tried to perform in public again and his perception about the links between deafness and singing were revamped. He said that due to the inability to understand and evaluate oneââ¬â¢s performance with his own ear, it is not possible to keep
Saturday, February 1, 2020
Surrealism and psychoanalysis in modernist poetry Essay
Surrealism and psychoanalysis in modernist poetry - Essay Example The essay "Surrealism and psychoanalysis in modernist poetry" states the surrealism and psychoanalysis. duration, and finally modern periods through literary advancements. Psychoanalysis involves a network of psychotherapeutic and psychological theories, originally explained by Sigmund Freud. Psychoanalysis has continuously expanded, revised and developed in many different directions. In psychoanalysis; there are many theoretical dimensions explaining the mental development of humans, hence this leads to many psychoanalysis treatments. Psychoanalysis is also used to refer to the study method of child development. Surrealism refers to cultural movement which began in the beginning of 1920s; the movement is best identified with its unique writings and artworks. Surrealism developed through the activities of Dada in the course of World War One, and Paris was the major venue for the movement. After the 1920s the cultural movement went global, and further affected countriesââ¬â¢ litera ture, visual arts, music, language and social theory. Psychoanalysis has certain tenets: development of a person is through early childhood events in addition to inherited aspects of personality; irrational motivations influence human experience, attitude and mannerisms; irrational motivations are unconscious; psychological resistance is a defense mechanism, which develops when motivations or drives are turned into awareness; conflicts involving the conscious and the unconscious manifests through emotional disturbance.
Friday, January 24, 2020
Grain of Hope in Breakfast of Champions :: Breakfast of Champions Essays
Grain of Hope in Breakfast of Champions ââ¬Å"I think I am trying to clear my head of all the junk in there...the flags...Iââ¬â¢m throwing out characters from my other books too. Iââ¬â¢m not going to put on any more puppet shows.â⬠This proud exclamation is made in the introduction of Kurt Vonnegutââ¬â¢s Breakfast of Champions. It caught my attention and drew me to continue reading. The book continues to take the reader on a bizarre journey through the human mind. Our mental trip is made easier through Vonnegutââ¬â¢s childlike ââ¬Å"artwork,â⬠which mostly consists of underwear, guns, cows, and other odds and ends. Finishing the introduction I was instantly fed a synapse of the plot. The story follows the mental decline of a rich Pontiac dealer, Dwayne Hoover, and the rise of an unknown science fiction writer, Kilgore Trout, who is to become one of the most beloved and respected human beings in history. All this is revealed on the first page. In my closed mind, I figured that I already knew the plot, so there was no point in continuing. On a whim, I flipped through the book and saw the picture of a gravestone. On the gravestone was written, ââ¬Å"Not even the Creator of the universe knew what the man was going to say next-perhaps the man was a better universe in its infancy.â⬠For some reason this rather simple line hooked me and so I went back to page one and decided to read a bit more. To be honest, Iââ¬â¢m glad I did. As soon as I finished the first chapter, I was really hooked. It was one of the few novels I had ever read straight through from beginning to end in one all-night sitting. Iââ¬â¢ll admit-so far this essay has been more of a narrative telling of my exploits with this novel, but I felt it necessary to explain a little about my initial feelings. This book is pregnant with symbols. Many of the mechanics of the book (including the chapters) became symbols in Vonnegutââ¬â¢s hands. The first chapter goes into American culture in depth. It explains that in our country color means everything.à ââ¬Å"The sea pirates were white. The people who were already on the continent, who were already living full and imaginative lives, were copper-colored. When slavery was introduced, the slaves were black.
Thursday, January 16, 2020
Assignment 1 Essay
Professor Identify the pros and cons of the partnership as a form of ownership. Discuss funding options for small businesses. Determine and discuss how managerial accounting can help managers with product costing, incremental analysis and budgeting. Discuss the basic components of the marketing process using a product or service of your choice as an example. Discuss the roles of social responsibility and technology in the marketing function. A partnership as a form of ownership is formed quite simply. When two or more people get together and come to an agreement on what type of business to take part in, then all parties share investment, profit, and of course loss. Letââ¬â¢s discuss the pros and cons ofa partnership. Pros, one of the many things all investors would like to see out weight the cons in anything they are engaged in mentally, physically, and of course financially. First of all, one pro would be how easy it is to create a partnership. You simply get with at least one other person come to an agreement over all the business details, and ââ¬Å"BAMâ⬠you have a partnership. Some people are comfortable in erbal agreements but I personally would suggest you get all your partnership details on a written legal document Just in case. Funding is another advantage toa partnership. When two or more people come together to form a business partnership money is invested from all parties involved in turn the business has a stronger financial backing to support it. Not only will the business have a strong financial backing all partners invested may have access to outside money to support the business even further along. One of the best advantages in being in a business partnership is shared responsibility. Shared responsibility is crucial in a successful business and of course partnership. When the business starts to get a bit heavy you can hand it to your partner or partners to carry the work load for a while. You can also look to your partners for moral support when you may think things arenââ¬â¢t going as stated in your business plan. So far we have heard the pros ofa business partnership but like every bandage that fixes that painful spot you eventually have to pull it off. Cons, the opposite of Pro, the many things that all business investors need to know before investing but never want to hear. You may be thinking since it was a breeze to create this business partnership the rest will come as a breeze. You could your mind; everyone who is a partner is liable for all debts. You and your partners are all Jointly or individually liable for all debts accumulated by the business. For example, letââ¬â¢s say your partner or partners are taking the profits the business is making and gambling with it. Your partners blow away all the profits on poker games and skip town what then, thatââ¬â¢s right you are still liable for any debt accumulated by the business. Another obvious con is your business partners will want to share the rofits made by the business. You canââ¬â¢t assume when the business makes profit everyone will agree on saving it. Your partner or partners may want to buy cars, houses, or maybe boats. You donââ¬â¢t have total control of the business. Business decisions are made Jointly not on your own. You may run into disagreements that in turn create the other partner to leave the business, or even lead to buying out the other partner. Pros and cons are a great way to see if youââ¬â¢re the, ââ¬Å"partner typeâ⬠, if so make sure you pick the right partner or partners for your business. There are many ther factors in owning and running a business. For example, in order to get your business off the ground you have to find the money to do so. Debt financing is one way you can start up your business. Debt financing is simply going to a bank that knows you have good credit, a good standing history with them, and apply for a small business loan. In the current economy most banks can be very hesitant to offer you the loan so another way is equity. Selling a share of your business meaning you arenââ¬â¢t solely in charge or will now be sharing the profits may be scary, but it can help you start up your business. After starting up your business you now have to manage the business or appoint someone for the Job. Managing the accounting is a great way to stay on top of product cost, and budgeting. Managerial accounting is detailed data used for inside members of a company. Managerial accounting includes things like cost of the product, cost of shipping, cost of employee benefits, cost of turnover, basically every number available to you and your partners. You can determine if you have the budget to raise wages for your employees to boost employee morale. Each business owner can use the data to do their Job better. You can go to your losses data and determine if your employees are stealing from you. Then determine how much more security you will need in order to prevent product loss. If you or your manager for your business needs to determine if their product was set at the right price they could view the sales data to see if the supply met the demand. If you see that one of your items hasnââ¬â¢t been selling very well you can set it at a lower price or you can Just order less of such product. If you see you sold a lot of a particular product you can raise the price as you see fit. You now know if you are the partner ype, you know a couple ways to possibly fund your business, and you know how to manage your data and budget. How are you going to get costumers through your door or buying your product? How will you market yourself? Letââ¬â¢s use my dream business as an example. I would like to open up a cafà © lounge that serves fair trade coffee, craft beer, and fine wines. In order for me to make any kind of better profit for my business I have to market my business. You have to give the people what they want in my case I would produce amazing cups of coffee. My business would offer a coffee with better taste, and appeal. My coffee would be made with love and not thrown at you in the pickup line simultaneously saying, ââ¬Å"NEXTâ⬠. My cafà © lounge would major downtown street. Location is important for my cafà © lounge so doing a little research of the area by visiting throughout all times of the day to see the amount of traffic the area receives is crucial. Then maybe you can ask around the nearby stores to see if customers purchase a lot of coffee. You can even go to the nearest coffee shop and see what coffee and vibe they offer and simply ask the locals what kind of coffee they like or would like to drink in what kind of atmosphere. After finding your target market, a great location, building your business, affordable product pricing, and setting your hours of operation it is time to promote your business. You can put ads in the local newspaper, ads in local magazines, and maybe even do a commercial broadcast in the tri county area. You will have to set your product apart from all the other competitors. For me coffee is all about personality, process, and taste. In order to retain customers your employees have to be personable, professional, and building customer relationships. Then thereââ¬â¢s process, customers will see you make heir drink every step of the way making it an enjoyable experience. Lastly is taste, my employees being highly trained baristas will make you a drink to your satisfaction in a timely fashion all the while maintaining a welcoming atmosphere for my cafà © lounge. Having the best tasting coffee and vibe may do Justice but for long term business it may not be enough this is when you bring in the events. Doing special events with your business such as charities, open mic nights, acoustic Jam sessions, and book clubs is a great way to attract more customers and maintain current ones. Internet is your best friend. Creating a website for your business is an amazing marketing play. It allows your customers to have 2417 access to information, and product choices. You can post updates on new product arrivals, special events, and specific information for each product you offer. The best part about having a website is they can look you up anywhere in the world that offers internet. Another great marketing strategy is purchasing ad space on other websites like a grocery franchise or sports sites. Green marketing is another great way to market your business. Customers love knowing your business is eco friendly by recycling, or using recycled aterial. By simply pushing customers to buy coffee to drink in house rather than take away conserves paper cups in turn less garbage. If customers choose to take to go anyways inform the customers all your paper products are recycled and recyclable. Offering organic treats to eat along with their coffee can promote a green business as well. In the end knowing everything there is to build, manage, and market your business your goal is to have long term profitability. You want to exceed customer satisfaction, you want to blow away the competition, and be prepared for even harder competition in the future.
Wednesday, January 8, 2020
How Efficient Market Hypothesis Explains Share Price Movements Finance Essay - Free Essay Example
Sample details Pages: 4 Words: 1169 Downloads: 4 Date added: 2017/06/26 Category Finance Essay Type Narrative essay Did you like this example? The Efficient Market Hypothesis is perhaps the most prevalent, controversial and well-known market theory in the world. EMH is one of the arguments made in favour of the stock market. It was developed throughout the 20th Century however it became more prevalent once Eugene Fama penned the term Efficient Market Hypothesis in his thesis from 1970. Since then the theory has grown and evolved, however the basic concept has remained the same. If new information comes onto the market concerning a business and its performance, this will be quickly and rationally transferred into the business share value. For example if an investment analyst found that in terms of its actual and expected dividends, a particular share was underpriced and thus represented a bargain, the analyst would advise investors to buy. As people then bought shares, their price would rise, pushing the value up to their full worth. So by attempting to gain from inefficiently priced securities, investors will encourage the market to become more efficient (Sloman 2009). The EMH further states that stock prices already reflect all known information and are therefore accurate, and that the future flow of news (that will determine future prices) is random and unknowable in the present. The Random Walk theory in its most primitive; says that stocks take a random and unpredictable path. The chance of a stocks future price going up is the same as it going down. A follower of random walk believes it is impossible to outperform the market without assuming additional risk. (www.investopedia.com) Donââ¬â¢t waste time! Our writers will create an original "How Efficient Market Hypothesis Explains Share Price Movements Finance Essay" essay for you Create order There are three forms of the EMH that show the structure of the theory: Weak Form of Efficiency: Stock prices reflect all the past information in prices. Thus, current stock prices are the best estimated value, provided no change to the companies fundamental value. Fundamental analysis can be used to investigate if the stocks are undervalued or overvalued, as share prices move in cycles that do not reflect underlying performance, however as these techniques are used more and more knowledge/information becomes more perfect making the market more efficient and cycles withdraw. Consequences result in no excess return being made from investment strategies that based on historical stock price or financial information. Technical analysis can also be difficult to implement, but some fundamental analysts still make profits in the stock market. Semi-Strong Form of Efficiency: Stock prices reflect all past and current publicly available information. The stock prices can be adjusted in an unbiased movement to any new public information; e.g. on business news on local newspaper. However, the adjustment is relatively small. The outcome of SSF is that not much gain can be earned by trading on this information. Though fundamental analysis is still useful, nonetheless the returns are normally not as high as in the weak form. Strong Form of Efficiency: Stock prices reflect all relevant information, including data that is not yet disclosed to the general public such as insider information. The effect of this info is that almost nobody can earn high returns on investments over a long period of time. Unless people have access to privileged information, such as CEOs i.e. who know the company will release better than expected profit figures and buy shares prior to this knowledge being unrestricted, if this is the case large returns can be made. Nevertheless it must be noted that the EMH theory relies on the fact that, investors are assumed to be rational and subsequently value securities rationally (Shleifer 2000). Rational investors value each security for its elemental value. When these investors learn something about the value of securities they react quickly to the new information by pushing prices up when news is good and down when the news is bad, by buying securities they expect to have a higher-than-average return and selling those they expect to have lower returns. So for a market to be efficient the current prices should reflect the net result of the entire buy and sell decisions by all investors based on their interpretation of all the information that is known about a company at that time, The hypothesis that new information about a companys current or future performance will be quickly and accurately reflected in its share price (Sloman 2009). Regardless of what one analyst or every investor believes, the market is always right according the EMH theory. However there are cracks within the foundations of EMH that have formed over time. Different investors have different judgements (random walk, rational/irrational) it is impossible to say how their judgements would affect a security to immediately go up or down on notable news. Investor perception can be affected by an infinite number of developments, innumerable events happen every day throughout the world that impact a companies short term and long term earnings/growth rates and therefore, the price/earnings ratios that investors will be willing to pay for different securities. (Pike 1996) Because of this many observers/academics/professionals argue against the concept that markets behave consistently within the efficient market hypothesis, especially in its stronger forms. Some economists, mathematicians and market experts cannot believe that man-made markets are strong/semi strong-form efficient when there are, under closer analysis, reasons for inefficiency i.e. the slow diffusion of information, the relatively great power of some market participants e.g. financial institutions and the existence of apparently sophisticated professional investors e.g. Peter Lynch, Warren Buffett, George Soros etc. The way that markets react to surprising news is perhaps the most visible flaw in the efficient market hypothesis. For example, news events such as surprise interest rate changes from central banks are not instantaneously taken account of in stock prices, but rather cause sustained movement of prices over periods from hours to months. Only a privileged few may have prior kn owledge of laws about to be passed, new pricing controls set by pseudo-government agencies such as the Federal Reserve banks, and judicial decisions that effect a wide range of economic parties. The public must treat these as random variables, but those who act on such inside information can correct the market, generally in a discrete method to avoid detection. Warren Buffett who has argued that the EMH is not correct, on one occasion saying Id be a bum on the street with a tin cup if the markets were always efficient and on another saying, The professors who taught Efficient Market Theory said that someone throwing darts at the stock tables could select stock portfolio having prospects just as good as one selected by the brightest, most hard-working securities analyst. Observing correctly that the market was frequently efficient, they went on to conclude incorrectly that it was always efficient. (www.moneyscience.com) Secondly, to the extent that some investors are not rational, their trades are random and therefore cancel each other out without affecting prices. Third, to the extent that investors are irrational in similar ways, they are met in the market by rational arbitrageurs who eliminate their influence on prices.
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