Stock Investment Lesson Pain

Common Sense Trumps Smart Beta

Common Sense Trumps Smart Beta by Kendall J. Anderson, CFA, Anderson Riggs Investments

Every few years or so the powerful money men of Wall Street come up with a new idea they believe will lead to unimaginable wealth for their clients and themselves.  These ideas often stem from rigorous statistical studies which attempt to confirm that a particular idea offers better than average returns to investors.

Of course, in the world of academia, any believable idea originally promoted by one researcher . . .

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