Capitalisn’t: The Capitalisn’t of Banking
Stanford’s Anat Admati describes how we can build a better financial system.
Capitalisn’t: The Capitalisn’t of BankingWhy active fund managers’ improving skills don’t translate into better performance
Increasing competition makes it harder to beat benchmarks.
Younger funds, armed with the latest strategies, are more likely than older funds to beat the market.
Lubos Pastor, Robert F. Stambaugh, and Lucian A. Taylor, “Scale and Skill in Active Management,” NBER working paper, February 2014.
Stanford’s Anat Admati describes how we can build a better financial system.
Capitalisn’t: The Capitalisn’t of BankingCapitalisn’t podcast hosts Luigi Zingales and Bethany McLean talk monetary policy with Stanford’s John H. Cochrane.
Capitalisn’t: A Different Story of InflationWhen investors receive dividends, they often use the cash to buy more shares of stock—and not necessarily of the company that issued the dividend.
Dividend Payouts Lead to Stock-Price BumpsYour Privacy
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