A time traveler’s guide to the stock market
Wall Street. 1925. You’ve just stepped out of the contraption that’s carried you back nearly a century and you have less than an hour before you must get back on the time machine and return to 2024. Any longer, and the warp and weave of the fabric of time will bend inward upon you, ultimately destroying the universe as you know it. So, smart guy, what stocks should you buy? Luckily, you’re clutching a recent working paper from University of Arizona finance professor Hendrik Bessembinder in your...
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