Question: In Fama's performance decomposition, what does the difference between total selectivity and net selectivity represent? q , The impact of market timing decisions The return
In Fama's performance decomposition, what does the difference between total selectivity and net selectivity represent?
The impact of market timing decisions
The return from lack of diversification
is mEIy IU INE IENEU
The riskfree rate component
The strategic risk premium
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