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 empirical results are based on monthly returns of 1,472 U.S. open-end, domestic
equity mutual funds existing at any time between 1975 and 2002. We investigate
the performance of the entire cross-section of mutual funds, as well as the cross-section
of each of three investment-objective categories, growth, aggressive-growth, and growth
and income.
We first show that the impact of luck on performance is substantial. Specifically, we
find that our estimators of the number of mutual funds with positive or negative performance
is much lower than those obtained with the standard approach (only based
on significant funds). These differences are informative, since they lead to a completely
different assessment of...
Nội dung trích xuất từ tài liệu:
Washington Mutual Investors Fund
