No Silver Bullets in Investing (just old snake oil in new bottles) by James Montier – Published 5/12/2013

In this white paper, James Montier, a member of GMO’s Asset Allocation team, looks at innovations like “smart beta” and the “risk factor” approach in the financial industry. Are there many ways to generate good long-run real returns, or is there really only one: buying cheap assets?

Source: GMO

JM_NoSilverBullets_1113.pdf

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