This paper examines the risk of value investing from the point of view of a myopic loss-averse investor holding a diversified portfolio and relying on infrequent portfolio rebalancing. This closely resembles purchasing a large portfolio, such as those created by BARRA, and following a...

The writer contends that the mini‐computer provides a very substantial potential area of application for the processing of information, management control and physical control of warehouse plant. Mini‐computers can be coupled with a whole range of peripheral input/output devices, from which...