TREASURY BILLS OUTPERFORM MOST STOCKS — SAY WHAT???

Wes does a really nice summary of a white paper on stock distributions, along with a couple other great links from JPM and Longboard.

Seriously, read all four.  Table then download

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Downloads

• TREASURY BILLS OUTPERFORM MOST STOCKS — SAY WHAT???

• Original white paper

• Wes’s study on the distribution of stock returns

• The Longboard study on the distribution, “The Capitalism Distribution”

Website

http://blog.alphaarchitect.com/2017/01/26/treasury-bills-outperform-stocks-say/#gs.sDbdwU4