Advanced search
Publication Cover
Financial Analysts Journal Volume 49, 1993 - Issue 6
Submit an article Journal homepage
56
Views
35
CrossRef citations to date
0
Altmetric
Research Articles

Are Long-Short Equity Strategies Superior?

Richard O. Michaud
Pages 44-49 | Published online: 31 Dec 2018

Citations (35)

Keep up to date with the latest research on this topic with citation updates for this article.

Subscribe to citation updates

Read on this site (4)

Richard C. Grinold & Ronald N. Kahn. (2000) The Efficiency Gains of Long–Short Investing. Financial Analysts Journal 56:6, pages 40-53.
Read now
Bruce I. Jacobs, Kenneth N. Levy & David Starer. (1998) On the Optimality of Long–Short Strategies. Financial Analysts Journal 54:2, pages 40-51.
Read now
John S. Brush. (1997) Comparisons and Combinations of Long and Long/Short Strategies. Financial Analysts Journal 53:3, pages 81-89.
Read now
Bruce I. Jacobs & Kenneth N. Levy. (1996) 20 Myths about Long–Short. Financial Analysts Journal 52:5, pages 81-85.
Read now

Articles from other publishers (31)

Richard O. MichaudRichard O. Michaud. 2023. Finance's Wrong Turns. Finance's Wrong Turns 71 91 .
Richard O. MichaudRichard O. Michaud. 2023. Finance's Wrong Turns. Finance's Wrong Turns 17 38 .
Richard O. MichaudRichard O. Michaud. 2023. Finance's Wrong Turns. Finance's Wrong Turns 1 8 .
G.A. Vijayalakshmi Pai. 2018. Metaheuristics for Portfolio Optimization. Metaheuristics for Portfolio Optimization 283 287 .
Marie Brière & Ariane Szafarz. 2017. Factor Investing. Factor Investing 25 45 .
Jiaqin Chen & Ming Yuan. (2016) Efficient Portfolio Selection in a Large Market. Journal of Financial Econometrics 14:3, pages 496-524.
Crossref
Kevin R. Mirabile. 2016. Hedge Fund Investing. Hedge Fund Investing 319 333 .
. 2012. Hedge Fund Investing. Hedge Fund Investing 115 163 .
Shuhong Fang. (2009) On Optimal Risk/Return-Efficient Arbitrage Portfolio. On Optimal Risk/Return-Efficient Arbitrage Portfolio.
Martin L. Leibowitz, Simon Emrich & Anthony BovaMartin L. Leibowitz & Anthony Bova. 2008. Modern Portfolio Management. Modern Portfolio Management 429 466 .
Martin L. Leibowitz, Simon Emrich & Anthony BovaRichard C. Grinold & Ronald N. Kahn. 2008. Modern Portfolio Management. Modern Portfolio Management 297 321 .
Martin L. Leibowitz, Simon Emrich & Anthony BovaBruce I. Jacobs, Kenneth N. Levy & David Starer. 2008. Modern Portfolio Management. Modern Portfolio Management 267 295 .
Martin L. Leibowitz, Simon Emrich & Anthony BovaAnthony Bova & Martin Leibowitz. 2008. Modern Portfolio Management. Modern Portfolio Management 9 43 .
Andrew W. Lo & Pankaj N. Patel. (2008) 130/30. The Journal of Portfolio Management 34:2, pages 12-38.
Crossref
Shuhong Fang. (2007) A Mean–variance analysis of arbitrage portfolios. Physica A: Statistical Mechanics and its Applications 375:2, pages 625-632.
Crossref
Peter Xu. (2007) Does Relaxing the Long-Only Constraint Increase the Downside Risk of Portfolio Alphas?. The Journal of Investing 16:1, pages 43-50.
Crossref
Renato Staub. (2006) Are you about to handcuff your information ratio?. Journal of Asset Management 7:5, pages 358-370.
Crossref
Susana Yu & Avner Wolf. (2003) Empirical Study on Price Momentum Strategy for Long, Short, and Long/Short Equity Portfolios. The Journal of Wealth Management 6:1, pages 73-87.
Crossref
Susana Yu & Avner Wolf. (2003) An Examination of Average Returns, Dispersion of Average Returns, and Bid-Ask Quotes. The Journal of Wealth Management 5:4, pages 23-36.
Crossref
FRANÇOISE CHARPIN & DOMINIQUE LACAZE. (2011) THE EFFICIENT FRONTIER OF LONG-SHORT PORTFOLIOS. International Journal of Theoretical and Applied Finance 05:07, pages 737-756.
Crossref
Alexander M. Ineichen. (2002) Who's Long? Market-Neutral versus Long/Short Equity. The Journal of Alternative Investments 4:4, pages 62-69.
Crossref
Bob Korkie & Harry J. Turtle. (2002) A Mean-Variance Analysis of Self-Financing Portfolios. Management Science 48:3, pages 427-443.
Crossref
David J. Bradfield & Heidi Raubenheimer. (2001) A note on portfolio selection with restrictions on leverage. European Journal of Operational Research 134:2, pages 243-248.
Crossref
Clarence C.Y. Kwan. (1999) A note on market-neutral portfolio selection. Journal of Banking & Finance 23:5, pages 773-800.
Crossref
G.H. John & P. Miller. (1996) Building long/short portfolios using rule induction. Building long/short portfolios using rule induction.
Ryan McKeon. (2007) Can a Realistically Constrained Fund Manager Beat the Benchmark Index Using Anomaly-Based Strategies?. SSRN Electronic Journal.
Crossref
Richard O. Michaud, David Esch & Robert Michaud. (2019) Estimation Error and the 'Fundamental Law of Active Management'. SSRN Electronic Journal.
Crossref
Marie Briere & Ariane Szafarz. (2017) Factor Investing: The Rocky Road from Long Only to Long Short. SSRN Electronic Journal.
Crossref
Richard O. Michaud, David Esch & Robert Michaud. (2017) The 'Fundamental Law of Active Management' is No Law of Anything. SSRN Electronic Journal.
Crossref
Richard O. Michaud & Robert Michaud. (2007) Estimation Error and Portfolio Optimization: A Resampling Solution. SSRN Electronic Journal.
Crossref
David E. Hampton. (2009) A Mean-Variance Capital Asset Pricing Model for Long Short Equity Hedge Fund Portfolios. SSRN Electronic Journal.
Crossref

Reprints and Corporate Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

To request a reprint or corporate permissions for this article, please click on the relevant link below:

Order Reprints Request Corporate Permissions

Academic Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

Obtain permissions instantly via Rightslink by clicking on the button below:

Request Academic Permissions

If you are unable to obtain permissions via Rightslink, please complete and submit this Permissions form. For more information, please visit our Permissions help page.

Related research

People also read lists articles that other readers of this article have read.

Recommended articles lists articles that we recommend and is powered by our AI driven recommendation engine.

Cited by lists all citing articles based on Crossref citations.
Articles with the Crossref icon will open in a new tab.