Are You Responsible for Your ‘Passive’ Investments?
To what extent are we accountable for what goes into index funds?
Are You Responsible for Your ‘Passive’ Investments?How momentum trading can go wrong
Buying winning stocks and betting against losing ones could be a poor strategy in a fast-rebounding market.
Last year’s losers perform well while the winners lag—the opposite of what a momentum trader would be betting on.
Kent D. Daniel and Tobias J. Moskowitz, “Momentum Crashes,” Working paper, March 2013.
To what extent are we accountable for what goes into index funds?
Are You Responsible for Your ‘Passive’ Investments?Consumers underestimate how long debt will persist making only minimum payments.
How Automatic Minimum Credit Card Payments Cost Consumers—and How Regulators Could HelpGlobal investors’ appetite for dollar-denominated assets has big implications for currency markets and the US economy.
How Much Does the US Dollar’s Primacy Depend on Investor Demand?Your Privacy
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