Empirical Evidence on Security Returns: Bodie, Chapter 13

Mark W

Active Member
What a chapter. :confused:

After reading through the BT notes I can comfortably say I am not much wiser about most of what Bodie was harping on about. The whole chapter just feels a bit dense and nauseatingly theoretical with little chance of being deeply tested.

Has anyone else had a chance to go through the chapter and are willing to give their thoughts? I think it will be one not to dwell on too much given that the rest of T8 has been pretty stable between 2012 and 2013.

Thanks - Mark
 
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