# Professor Jeffrey Wurgler's co-authored research on stock performance is referenced

1 Faculty News October 20, 2017 ![Pensions & Investments logo](/sites/default/files/styles/246w/public/assets/images/pensionsandinvestments.jpg?itok=EyF2uAa0)>

Excerpt from [Pensions & Investments](http://www.pionline.com/article/20171020/ONLINE/171029999/commentary-is-the-incredible-shrinking-universe-of-stocks-a-bad-thing) -- "In my research on the risk anomaly published in the Financial Analyst Journal with Brendan Bradley, Ryan Taliaferro and [Jeffrey Wurgler](http://www.stern.nyu.edu/faculty/bio/jeffrey-wurgler), we explain the superior performance of the lowest risk, most boring, stocks to a combination of investor psychology and constraints on professional money managers."

[Read more](http://www.pionline.com/article/20171020/ONLINE/171029999/commentary-is-the-incredible-shrinking-universe-of-stocks-a-bad-thing)