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Low turnover: a virtue of low volatility
Trading is necessary to follow an active strategy, but excessive trading is linked to human behavior. In his new paper just published on SSRN Pim van Vliet looked into why investors trade and how much trading is needed for an effective low-volatility strategy. For potential low-volatility investors the question arises: is turnover a good or […]
Haki CrisdenJune 8, 2015