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The cost of chasing returns

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Abstract

Market mistiming reduces profits.

Suggested Citation

  • YiLi Chien, 2014. "The cost of chasing returns," Economic Synopses, Federal Reserve Bank of St. Louis, issue 18.
    • Handle: RePEc:fip:fedles:00018
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    References listed on IDEAS

    as
    1. Robin Greenwood & Andrei Shleifer, 2014. "Expectations of Returns and Expected Returns," The Review of Financial Studies, Society for Financial Studies, vol. 27(3), pages 714-746.
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