Tag Archive: Magellan Fund
You are browsing the tag archive for Magellan Fund.
Speed Traps and Value Traps
Two finance professors from UCLA and the Helsinki School of Economics released a study exploring the correlation between individuals prone to getting speeding tickets and the tendency to churn investment portfolios. They conclude that an average investor’s portfolio saw an 11 percent increase in the turnover ratio for each additional ticket received. This […]
