Thursday, August 31, 2006

Alpha Generation

Here is a spreadsheet of the alphas generated by mutual funds during expansion versus recessionary time periods.

Click POWER VIEW You can see the document in an applet mode when clicking 'POWER VIEW'.It could be an enriching experience.

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1 Comments:

At 6:30 AM, Blogger Ian said...

hmm..
If I understand this correctly, your saying 'all' fund managers are worthless, and a straight index-fund is better?

 

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