Active and Passive Investing: Understanding Samuelson’s Dictum

Author:

Gârleanu Nicolae1,Pedersen Lasse Heje2

Affiliation:

1. Olin Business School, Washington University and NBER

2. AQR Capital Management, Copenhagen Business School, and CEPR

Publisher

Oxford University Press (OUP)

Subject

Economics and Econometrics,Finance

Reference51 articles.

1. A noisy rational expectations equilibrium for multi-asset securities markets;Admati;Econometrica,1985

2. Viable allocations of information in financial markets;Admati;Journal of Economic Theory,1987

3. Quality minus junk;Asness;Review of Accounting Studies,2019

4. Value and momentum everywhere;Asness;Journal of Finance,2013

5. Style timing: Value versus growth;Asness;Journal of Portfolio Management,2000

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