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The Difficulty of MEasuring the Gains To Fundamental REsearch

Unknown Professor | Fri, 08/28/2009 - 9:55am |  Add a comment

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Here's a paper by Bradford Cornell that I've had in my in box for a while. It's titled "Investment Research: How Much Is Enough?" Here's the abstract Aside from the decision to enter the equity market, the most fundamental question an investor faces is whether to passively hold the market portfolio
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