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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Third, we find that after accounting for luck, the percentage of funds with negative
alphas in the population is approximately equal to 20% across all categories, while the
proportion of funds with positive performance is much lower (it amounts to 1.9% of all
funds in the population). It implies that the performance of the industry as a whole is
not so bad because about 80% of the funds generate a performance sufficiently high to
cover their expenses. The negative average performance documented in past studies is
not due to the majority of funds but is caused by 20% of the funds....
Nội dung trích xuất từ tài liệu:
Phillip Investment Funds 2012
