Morningstar’s Quantitative Research team has identified some factors that help new funds succeed, as well as some common pitfalls. Our head of quantitative research Lee Davidson and quantitative analyst Madison Sargis explain our latest research on the rise and fall of new funds. We’ll highlight what influences investor preferences for these new funds and what drives their risk-adjusted returns.
The Rise And Fall Of New Funds – Webinar
Seth Klarman: Investors Can No Longer Rely On Mean Reversion
"For most of the last century," Seth Klarman noted in his second-quarter letter to Baupost's investors, "a reasonable approach to assessing a company's future prospects was to expect mean reversion." He went on to explain that fluctuations in business performance were largely cyclical, and investors could profit from this buying low and selling high. Also Read More