The Predictive Nature of Financial Ratios
نویسنده
چکیده
Because these instruments are so important, they are studied on a regular basis. Each day, people decide to take risks by entering the securities market. Some investors rely on public information to choose which securities they should buy; others use sophisticated models that they hope will give them a money-making edge in this strictly competitive market. Using their models, these investors continually evaluate securities and the companies they represent. With these strategies, some people become rich; many more lose everything. “About two-thirds of all active investors will under perform index
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