From Sharpe to Pedersen: Why Active Management Isn’t Zero-Sum After All
Sharpe’s arithmetic explained markets at rest. Pedersen’s model shows markets in motion and how active management creates real economic value. The post From Sharpe to Pedersen: Why Active Management Isn’t Zero-Sum After All appeared first on CFA Institute Enterprising Investor.
Sharpe’s arithmetic explained markets at rest. Pedersen’s model shows markets in motion and how active management creates real economic value.
The post From Sharpe to Pedersen: Why Active Management Isn’t Zero-Sum After All appeared first on CFA Institute Enterprising Investor.
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