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Larry Swedroe: Understanding The Investment Factor

TedTed
in The Bullpen
FYI: Research demonstrates that the investment factor has explanatory power for the cross section of stock returns, with high-investment firms tending to underperform low-investment firms.
Regards,
Ted
https://www.etf.com/sections/index-investor-corner/swedroe-understanding-investment-factor?nopaging=1
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