One Factor You May Be Leaving Out of Your Financial Decision-Making
Do your choices reflect the marginal utility of money for you?
One Factor You May Be Leaving Out of Your Financial Decision-MakingHow trading more can lead to higher returns
Active managers, particularly those running smaller or high-fee funds, are skilled at exploiting profit opportunities.
Funds that charge more—particularly smaller funds—earn higher returns from trading more.
Lubos Pastor, Robert F. Stambaugh, and Lucian A. Taylor, “Do Funds Make More When They Trade More?” Working paper, February 2015.
Do your choices reflect the marginal utility of money for you?
One Factor You May Be Leaving Out of Your Financial Decision-MakingCapitalisn’t podcast hosts Luigi Zingales and Bethany McLean talk monetary policy with Stanford’s John H. Cochrane.
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When It Makes Sense to Pay Suppliers LateYour Privacy
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