analytic mean (Page 661-663)

analytic mean (Page 661-663) - strategies pursued by...

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strategies pursued by successful long-term investors in the future is unclear. As discussed earlier, many of the most successful longterm investors have been considerably less correlated with the market, and have greater exposure to the more volatile smaller stocks. These patterns highlight the extent to which these endowments have been willing to pursue a different investment strategy from the conventional approach. Better understanding these differences, and the extent to which they contribute to these
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