Needles in a stock picker’s haystack
Even if you luck out and pick a stock that outperforms the market, there is no certainty of success, or even survival, in the future, according to research by Hank Bessembinder, professor of finance at the W. P. Carey School of Business.
Trying to find a winning stock is like looking for a needle in a haystack. Research by Professor of Finance Hank Bessembinder sheds light on why successful stock picking is difficult.
In this Huff Post article published on June 30, 2017:
One of the most important studies to appear in many years is a working paper by Arizona State University Professor Hendrik Bessembinder with the intriguing title “Do Stocks Outperform Treasury Bills?” This study reinforces the need for broad diversification and can be used as evidence by both supporters and skeptics of active management.
Latest news
- Bigger baskets or smaller margins? What scan-and-go really means for retailers
New research finds that in-store scanning apps drive more spending on big-ticket goods but cut…
- Leading the movement to fix fast fashion
As a college student, Jennifer Hyman founded a clothing rental service that reimagined how…
- U.S. Department of Labor warns shortages could drive up food prices
Labor shortages could lead to a 10% increase in food prices, explains a W. P.