Modern Fool’s Gold: Alpha in Recessions

Shaun A. Pfeiffer; Harold R. Evensky

doi:10.3905/joi.2012.21.3.060

Article

Modern Fool’s Gold: Alpha in Recessions

Shaun A. Pfeiffer and Harold R. Evensky

The Journal of Investing Fall 2012, 21 (3) 60-68; DOI: https://doi.org/10.3905/joi.2012.21.3.060

Shaun A. Pfeiffer

is an associate professor of financial services in the Department of Business and Economics at Edinboro University in Edinboro, PA.

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For correspondence: spfeiffer@edinboro.edu

Harold R. Evensky

is president of Evensky & Katz in Coral Gables, FL and adjunct graduate professor at Texas Tech University, Division of Personal Financial Planning in Lubbock, TX.

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For correspondence: harold@evensky.com

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Modern Fool’s Gold: Alpha in Recessions