UBS on active management: myth busters?
By Rolf on 1 November 2017
It has again been a very long time since my last post. Sorry again. But I have now decided that it might be fun to get involved in the ongoing discussion over the merits of active management, particularly since so much of it is self-serving nonsense — incidentally on both sides. UBS has now weighed […]
Posted in Active/passive management, Essays | Tagged Alpha, Market efficiency, Small caps | 4 Responses
Low beta anomaly – some early evidence
By Rolf on 28 September 2012
Some of my readers have expressed the view that I am occasionally unnecessarily harsh in my posts. However, it is very unlikely that this post will elicit such a response since it is taking a rather critical look at the entrails of my own dissertation. While that was obviously a very long time ago, what […]
Posted in Oldies | Tagged Anomalies, Asset pricing, Small caps