alphaanomaliesanomalyassetautomationbehindbenchmarksbetacapitalconditionalconsumptioncrossdecisionsdeclinedefaultdisagreementdisplacementdrivendurationeffectequityetfsexpectedfactorfamilyfinancialfundfundshedgeheterogeneousholdershorizonsimpactindexinformationinformativenessinstitutionalinsuranceinvestorslaborlearningleveragelongmachinemarketmarketsmicromodelsmodernmomentummutualnewsoptionsoverspecifiedperformanceportfoliopredictabilitypremiumpricepricespricingpuzzlereturnreturnsrisksamplescenessidesstockstreetsystematictradinguncertaintyunemploymentvaluevolatilitywhales