Sunday, March 9, 2008
Can You Beat the Market? It’s a $100 Billion Question - New York Times
Ken French has done it again! Definitely a superstar! From the NY Times:Can You Beat the Market? It’s a $100 Billion Question - New York Times: "INVESTORS collectively spend around $100 billion a year trying to beat the stock market. That’s the finding of a rigorous effort to measure the total costs of Americans’ efforts to surpass the returns they would have received by simply holding a stock
Labels:
I^3,
market efficiency
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