Page Not Found

The requested page you are looking for has either moved or is no longer available.

We've directed you back to our homepage so you can continue to browse the site.

Journal Papers
Game Changed, Problems Remain
October 2019
Read Time: 20 min
Save
Abstract

Investors can cut through much of the performance noise in their evaluation of equity strategies by asking three simple questions which address a strategy’s economic rationale, the reliance of the strategy’s performance on rising valuations, and the real-world trading costs associated with execution of the strategy. Applying this framework can help investors achieve better long-term outcomes in their portfolios.