V.15:13 (587): Quick Scans: What Works on Wall Street by Staff Writer

V.15:13 (587): Quick Scans: What Works on Wall Street by Staff Writer
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What Works on Wall Street (James P. O'Shaughnessy) by Staff Writer

Currently, we’re in a financial climate in which there are more mutual funds than there are stocks in the New York Stock Exchange (NYSE), where 80% of professional mutual fund managers fail to yield more than the Standard & Poor’s 500 index. Thus, today’s prudent investor needs to know, quite literally, What Works on Wall Street. James O’Shaughnessy, founder and president of O’Shaughnessy Capital Management, studied 44 years of S&P CompuStat data, compiling a noteworthy volume of information.

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