For most people, the idea that individuals compare themselves to others in determining their own utility, that is, their sense of happiness or well-being, rings true. Memories from the school yard, ...
A couple of years ago, I wrote about absolute versus relative returns. Given the latest market run, I am getting a lot of questions about chasing returns, and individuals comparing themselves to the S ...
When you make a trade, there will be trading costs, but what’s the best way to measure those costs? The basic principle in TCA is to compare your achieved execution price to some observed benchmark, ...
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