Faculty News | Jeffrey Wurgler | The Wall Street Journal

Professor Jeffrey Wurgler comments on the value of index funds relative to the stock market

— 10/18/2016

Excerpt from The Wall Street Journal -- "Another conundrum: Stocks in the index become overvalued relative to those outside it. Jeffrey Wurgler, a finance professor at New York University’s Stern School of Business, has seen signs of this by comparing similar stocks that are or aren’t included in a basket."

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Professor Jeffrey Wurgler comments on the value of index funds relative to the stock market