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The appropriate tools may help investors distinguish luck from skill.
A primer on how linear factor models are used to look at fund manager performance.
Our study shows that equity risk declines as time horizon expands.
Investors would be smart to focus on stocks that trade at a discount to this metric.
Common sources of return can now explain performance that was once attributed to skill.
Public WiFi hotspots are everywhere, but advisors must take appropriate steps protect sensitive data when working from the road.