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More cards in this set
Card 6
Front
X-Sectional evidence: Fama 2) Are winners skilled or lucky? (step 1)
Back
Card 7
Front
X-Sectional evidence: Fama 2) Are winners skilled or lucky? (INVESTOR POV: net results
Back
Card 8
Front
X-Sectional evidence: Fama 2) Are winners skilled or lucky? (ECONOMIC POV: gross)
Back
Card 9
Front
Performance persistence evidence: investment flows + compensation
Back
Card 10
Front
Performance persistence evidence: persistence is short lived
Back
Card 11
Front
Performance persistence evidence: measured over shorter horizons
Back
Card 12
Front
Performance persistence evidence: reasons
Back
Card 13
Front
Performance persistence evidence: AUM trade-off
Back
Card 14
Front
Other evidence of skill: Looking past alpha
Back
Card 15
Front
Other evidence of skill: less successful positions added due to...
Back
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