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“yuval millo”

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  • Inertia

    Purposeful Inefficiencies in Financial Markets

    by Yuval Millo, Crawford Spence, James J. Valentine ...
    Winner, 2025 Choice Outstanding Academic TitleFinancial professionals are paid as if they were capable of “beating the market” on a regular basis. In fact, active fund managers routinely underperform low-cost index funds, and financial analysts frequently produce inaccurate stock recommendations—and many receive large fees even when their clients are losing money. Why do financial intermediaries ... Read more

    $28.79 USD