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https://wpcarey.asu.edu/sites/default/files/bessembinder-stock-pe...

  1. GC8
    1,890 Posts.
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    19/12/17
    18:28
    Post #: 29748578
    https://wpcarey.asu.edu/sites/default/files/bessembinder-stock-performance-2017.pdf

    Here is a very interesting study (including the merits of index investing & stock picking) as well as the effects of leverage and returns. The pages concerning leverage are as follows: p.11,12 & 34.
    RFG Price at posting: $1.98 Sentiment: Sell Disclosure: Not Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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