1. Conventional wisdom says that one should measure a manager’s investment performance over an entire market cycle. What arguments support this convention? What arguments contradict it? 2. Does the...

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1. Conventional wisdom says that one should measure a manager’s investment performance over an entire market cycle. What arguments support this convention? What arguments contradict it?


2. Does the use of universes of managers with similar investment styles to evaluate relative investment performance overcome the statistical problems associated with instability of beta or total variability?



Answered Same DayDec 24, 2021

Answer To: 1. Conventional wisdom says that one should measure a manager’s investment performance over an...

David answered on Dec 24 2021
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