"Triple Crown -- Does It Matter for the Market?" by Steven D. Dolvin
 

Document Type

Blog Post

Publication Date

6-11-2015

Contents

For the first time in 37 years, a horse (American Pharoah) has won the Triple Crown. The previous ten times this has happened, the stock market has lost an average of 9% over the remainder of the year. This adds to the expanding debate of Behavioral Finance vs. Market Efficiency.

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