In one of Robert Shiller's intro to finance courses he discusses funds that have gamed their sharpe ratios by selling off the tails of their distribution return

In one of Robert Shiller's intro to finance courses he discusses funds that have gamed their sharpe ratios by selling off the tails of their distribution returns. https://bookdown.org/Albert/finance-shiller/efficient-markets.html https://bookdown.org/Albert/finance-shiller/efficient-market...