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Showing results for Landers et al v. Performance Research & Drilling LLC et al
...Arnott et al estimate that stocks ejected from the S&P 500 actually outperformed new entrants by an average of 2,200 basis points in the year after the index rejig (FTAV has written about the index inclusion...
...However, Bebchuk et al conclude that this throws the ball into the government’s court....
...Maybe we will discover that many managers were smart enough to sell out of Apple, Valeant, Williams et al before their shares tanked....
...“A rally past the first week of May would force us to reconsider this view, as it would suggest a ‘V’ bottom is more likely.”...
...What really happened at Northern Rock, Royal Bank of Scotland et al? This gives you a clearer idea....
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