Shorting Lousy Stocks = Lousy Returns?
Introduction Playing the stock market should be easy: When the economy is…
Growth, Value, and Skewness: Are Growth Stocks a Lottery-Like Bet?
Skewness in asset returns is a perplexing phenomenon and evokes different behavior…
“Round-Tripping” Stocks and the Absurdity of Hedge Fund Fees
Hedge fund performance fees, I believe, are a rip-off for clients. Few…
