#QualityTuesday
I don´t really understand why the 3 to 5 year cumulative return after a market decline of 30% is lower that after a decline of 10% or 20%. Can you provide a link to the paper written by FAMA/French?
Thanks!
I don´t really understand why the 3 to 5 year cumulative return after a market decline of 30% is lower that after a decline of 10% or 20%. Can you provide a link to the paper written by FAMA/French?
Thanks!