Business, 05.11.2019 03:31, tmax8437

"active investment management may at times generate additional returns of about .1%. however, the standard deviation of the typical well-diversified portfolio is about 20%, so it is very difficult to statistically identify any increase in performance." even if true, this statement is an example of the problem in deciding how efficient the markets are.

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"active investment management may at times generate additional returns of about .1%. however, the st...