In real-world Finance, they don't pay for elegance. They pay for power - predictive power.
So you see, in the end, it is nearly certain that the power of prediction must triumph over the arrogance of elegance. - Robert Haugen
So you see, in the end, it is nearly certain that the power of prediction must triumph over the arrogance of elegance.
- Robert Haugen
The cheaper the stock, the better the outlook for future returns. - Robert Haugen
The cheaper the stock, the better the outlook for future returns.
CAPM also makes use of what is called a "definitional identity." This is something that is automatically true, simply because of the way things have … - Robert Haugen
CAPM also makes use of what is called a "definitional identity." This is something that is automatically true, simply because of the way things have …
The New Finance focused on the market's major systematic mistake. In failing to appreciate the strength of competitive forces in a market economy, it… - Robert Haugen
The New Finance focused on the market's major systematic mistake. In failing to appreciate the strength of competitive forces in a market economy, it…
If we observe the performance of only those funds that remain active, we will tend to find that the average performance of the surviving funds exceed… - Robert Haugen
If we observe the performance of only those funds that remain active, we will tend to find that the average performance of the surviving funds exceed…
A comprehensive list of factors brings predictive stability and predictive stability and predictive power. - Robert Haugen
A comprehensive list of factors brings predictive stability and predictive stability and predictive power.
When you buy a lottery ticket, you don't know how tickets have been sold. But sold they have been. And there is an underlying distribution for the ga… - Robert Haugen
When you buy a lottery ticket, you don't know how tickets have been sold. But sold they have been. And there is an underlying distribution for the ga…
In real-world Finance, they don't pay for elegance. They pay for power - predictive power. - Robert Haugen
Behaviorists tell us that we tend to overweight and overreact to the most recently received information. If we do, we will find that the information … - Robert Haugen
Behaviorists tell us that we tend to overweight and overreact to the most recently received information. If we do, we will find that the information …
Login to join the discussion
Login to join the discussion