Research Affiliates On Identifying Smart Beta’s Counterparties
It’s well established that most retail investors, and quite a few financial professionals, blunt their own returns by chasing returns – buying near peaks and selling into a bear market when they should be doing the opposite. Smart beta aims to avoid this problem by recognizing that most of us are terrible stock pickers and then taking the emotion out of investing by tacking close to the index, selling stocks that have recently outperformed and buying those that have dipped in price.
The usual assumption is that smart beta . . .
This content is exclusively for paying members.
If you are subscribed and having an account error please clear cache and cookies if that does not work email [email protected] or click Chat.