Tag Archives: Persistence
Measuring the Managers
The measurement of active manager performance versus benchmarks is not new. The earliest study dates back to more than 90 years ago, when Alfred Cowles found that “statistical tests of the best individual records failed to demonstrate that they exhibited skill, and indicated that they more probably were results of chance.”1 Forty years later, by…
- Categories S&P 500 & DJIA
- Other Tags
- Categories
- S&P 500 & DJIA
- Other Tags
