Which of the following coud be described as an efficient market anomaly?
1) return diminishing as the size of the company rises
2) superior performance by the Value Line ranking system
3) the fact that Investment Manager A outperforms Investment Manager B
4) The overreaction effect
A) 1 and 2
B) 1 and 2 and 3
C) 1 and 2 and 4
D) 2 and 3 and 4