Bayesian and CAPM estimators of the means: Implications for portfolio selection

Portfolio Selection: Efficient Diversification of Investments

1959 • 5,744 citations

On estimating the expected return on the market

1980 • 2,932 citations

Estimation with Quadratic Loss

1992 • 2,391 citations

International Portfolio Choice and Corporation Finance: A Synthesis

1983 • 1,374 citations

Internationally Diversified Portfolios: Welfare Gains and Capital Flows

1968 • 1,034 citations

Bayes-Stein Estimation for Portfolio Analysis

1986 • 968 citations

Performance Hypothesis Testing with the Sharpe and Treynor Measures

1981 • 799 citations

International Portfolio Diversification with Estimation Risk

1985 • 705 citations

The effect of estimation risk on optimal portfolio choice

1976 • 551 citations

Estimation for Markowitz Efficient Portfolios

1980 • 515 citations

International Portfolio Choice and Corporation Finance: A Synthesis

1983 • 425 citations

Studies in Bayesian Econometrics and Statistics

1975 • 250 citations

Prediction and Decision Problems in Regression Models from the Bayesian Point of View

1965 • 222 citations

PORTFOLIO ANALYSIS UNDER UNCERTAIN MEANS, VARIANCES, AND COVARIANCES

1974 • 192 citations

Portfolio Selection: The Effects of Uncertain Means, Variances, and Covariances

1971 • 164 citations

The Effect of Estimation Risk on Capital Market Equilibrium

1979 • 136 citations

Performance Hypothesis Testing with the Sharpe and Treynor Measures

1981 • 132 citations

Estimation for Markowitz Efficient Portfolios

1980 • 92 citations

Sample Size Bias and Sharpe's Performance Measure: A Note

1978 • 75 citations

International Portfolio Choice and Corporation Finance: A Survey

1982 • 41 citations

Prediction and Decision Problems in Regression Models from the Bayesian Point of View

1965 • 35 citations

Portfolio Analysis Under Uncertain Means, Variances, and Covariances

1974 • 34 citations

Performance of currency portfolios chosen by a Bayesian technique: 1967–1985

1990 • 24 citations

Stein and CAPM Estimators of the Means in Portfolio Choice: A Case of Unsuccess

1990 • 4 citations

Market proxies and the conditional prediction of returns

1978 • 2 citations