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July 31, 2008
Old School Tieism
Mutual fund managers had significantly better returns on investments made in companies led by their former classmates than they did in companies where no such connections existed, according to a recent study. Indeed, investments in so-called “connected” stocks outperformed non-connected stocks by more than 8 percent, the study found.
From Inside Higher Ed.
Posted by CrankyProfessor at July 31, 2008 5:59 PM