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The Problem With Academic Studies: They’re Impossible To Implement.

FYI: Individuals and institutions can’t actually invest in most of the indices that academics use to compare actively managed funds to passive, according to New York University professors emeriti Edwin Elton and Martin Gruber.
Regards,
Ted
https://www.institutionalinvestor.com/article/b1fwrc5s51cc0g/The-Problem-With-Academic-Studies-They-re-Impossible-to-Implement
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