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BAM Intelligence

Don’t Underestimate the Role of Buybacks in Stock Returns

Larry Swedroe looks at recent research into payout policies and the long-run drivers of expected equity returns. Read more

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The Agony and the Ecstasy: Risks and Rewards of a Concentrated Stock Position (Part 2)

The “endowment effect” occurs when a person values something they already own more than something they don’t own yet. Read more

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