Document Type
Article
Publication Date
10-2013
Abstract
This paper brings together various topics in finance--the Capital Asset Pricing Model, Portfolio Theory, the empirical evidence, and the Efficient Market Hypothesis--to address whether individual security selection--Stock Picking--is or is not a meritorious venture.
Original Publication Citation
Higgins, Charles (2013). The case against stock picking. International Research Journal of Applied Finance, 4(10), 1346-1353.
Publisher Statement
This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.
Digital Commons @ LMU & LLS Citation
Higgins, Charles J., "The Case Against Stock Picking" (2013). Finance Faculty Works. 9.
https://digitalcommons.lmu.edu/fina_fac/9