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Which studies do you refer to? And how do you explain top VC firms consistently getting much higher returns on funds than, say, the DJI?
by Tossrock 13y ago
Which studies do you refer to? And how do you explain top VC firms consistently getting much higher returns on funds than, say, the DJI?
- nickff 13y ago"Luck versus Skill in the Cross-Section of Mutual Fund Returns" By Eugene F Fama and Kenneth R French http://faculty.chicagobooth.edu/john.cochrane/teaching/35150_advanced_investments/Luck%20versus%20Skilll%20in%20the%20Cross%20Section%20of%20Mutual%20Fund%20Returns.pdf http://faculty.chicagobooth.edu/john.cochrane/teaching/35150...