Название: Cosmic Pinwheels: Spiral Galaxies And The Universe Автор: Ronald James Buta Издательство: World Scientific Publishing Co. Pte. Ltd. Год: 2021 Страниц: 486 Язык: English Формат: True PDF Размер: 32 MB
This book introduces the readers to the rapidly growing literature and latest results on financial, fundamental and seasonal anomalies, stock selection modeling and portfolio management. Fifty years ago, finance professors taught the Efficient Markets Hypothesis which states that the average investor could not outperform the stock market based on technical, seasonal and fundamental data. Many, if not most faculty and investors, no longer share that opinion. In this book, the authors report original empirical evidence that applied investment research can produce statistically significant stock selection and excess portfolio returns in the US, and larger excess returns in international and emerging markets.
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Cosmic Pinwheels: Spiral Galaxies And The Universe 
