Where the Black Swans Hide & the 10 Best Days Myth
Where the Black Swans Hide & the 10 Best Days Myth, Faber, Mebane T., (August 1, 2011). Cambria Quantitative Research Monthly, August 2011. “…we examine market outliers in financial markets. How much effect do these outliers have on long term performance? Can the investor prepare for these anomalies, or are they truly black swans …