RT Journal Article
SR Electronic
T1 Practical Applications of The Future of Empirical Finance
JF Practical Applications
FD Institutional Investor Journals
SP 1
OP 4
DO 10.3905/pa.2016.3.3.131
VO 3
IS 3
A1 Marcos López de Prado
A1 Barbara J. Mack
YR 2016
UL https://pm-research.com/content/3/3/1.1.abstract
AB The Future of Empirical Finance Marcos López de Prado Overview Nowhere is the tension between theory and practice more apparent than in the financial markets.The tools of economic, statistical and financial analysis provide masses of data and elaborate frameworks for assessing risk, return, asset allocation and portfolio performance. But beware: Deeply flawed analytical methods can distort empirical results, warns Marcos López de Prado of Guggenheim Partners and the Lawrence Berkeley National Laboratory . He addresses some of the misperceptions surrounding empirical finance and offers suggestions to establish firmer ground for research.