Phân tích tư tưởng của nhân dân qua đoạn thơ: Những người vợ nhớ chồng… Những cuộc đời đã hóa sông núi ta trong Đất nước của Nguyễn Khoa Điềm
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Our results based on 1’472 U.S. open-end equity funds between 1975 and 2002 clearly
show that the impact of luck on performance is substantial. First, our estimators of
the number of funds with differential, positive and negative performance is much lower
than those obtained with the standard approach. It implies that our judgement on
performance across the different investment categories can substantially differ from the
one implied by the standard approach. Second, we find that luck has a stronger impact
on the performance of the best rather than the worst funds....
Nội dung trích xuất từ tài liệu:
Investment Views Asia 1st quarter 2013
