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The Wall Street Journal: Lessons from the bull market

WSJ investigates what investors should do in order to avoid errors in stock market that can cost a lot. The magazine refers to the research by Raghavendra Rau, Sir Evelyn de Rothschild professor of finance at Cambridge Judge Business School, and his colleagues. The research said that ‘investors flock to funds whose five-year returns improve when a bad month drops out of the beginning of the sequence.’

Read the full article [wsj.com]