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In Defense of Style Boxes |
Link to Article - Author: John Reckenthaler
- Publication: Investment Advisor
- Publication Date: June 2006
- Intro: In a series of three articles published in Investment Advisor (September ’05, January ’06, February ’06), Craig Callahan and C. Thomas Howard levy several criticisms of the so-called investment style box. According to the authors, use of the style-box concept hurts investment performance, without yielding appreciable benefits to advisors. Thus, state the authors, style boxes are “unnecessary.”
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