By the way, I read the Schweser notes and in the professor notes, they say: “Markets can be weak-form efficient without being semi-strong or strong-form efficient. If markets are semi-strong form efficient, they must be weak-form efficient because public information includes market information, but semi-strong form efficient markets need not be strong-form efficient.”
I don’t really understand this notes, I suppose that there are totally 3 different types of efficient market? Could someone explain this for me? Thank you!
If markets are semi strong you can’t use technicals (supports weak form) AND mosaic theory/financials but you could use insider info (contradicts strong form)