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Act_Nov_1991
[longequityreturns] [original_papers] [the_actuary] [Act_Nov_1991]

The main points covered in this article comprise:

  1. random hit ratio
  2. our hunting fathers
  3. “froth” can provide flexibility
  4. DVR good at detecting froth
  5. results for sample of 27 funds over 6 years
  6. vital part of DVR is measuring sustainability
  7. interior short-periods not good overall predictors
  8. several references

download original paper