是不是只有斑竹可以回复啊？呵呵哈，我先扔块砖

Scharfstein and Stein (1990) professional managers may herd and select stocks that other managers select.

Lakonishok et al.1991 evidence of pension fund managers window dressing

Ippolito 1989, Lakonishok et al. 1992underperform passive investment strategies

professional managers are also noise traders (Shleifer 2000)and may be a limit to arbitrage.

我知道的，你再查查把

[此贴子已经被作者于2005-3-6 21:49:35编辑过]