Tag: studies

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As People Age, Optimism Bias Increases

Increasing age usually heralds an array of negative life events including bereavement, reduced social networks, a decline in physical health and cognitive function, together with an inevitable time horizon foreshortening (Rowe & Kahn, 1987; Hedden & Gabrieli, 2004). Viewed from […]

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AQR on Global Investing since 1903

White Paper from Cliff Asness’ AQR hedge fund: We study the performance of trend-following investing across global markets since 1903, extending  the existing evidence by more than 80 years. We find that trend-following has delivered strong positive returns and realized a […]