Notes PREFACE 1. Eugene F. Fama and Kenneth R. French, "Luck versus Skill in the Cross Section of Mutual Fund Returns," Journal of Finance 65(5) (October 2010). 2. Standard & Poor's, Index and Portfolio Services, "Do Past Mutual Fund Winners Repeat? The S&P Persistence Scorecard," January 27, 2010. Available at SSRN: http://ssrn.com/abstract=1543364. 3. Stephen D. Hassett, "The RFP Model for Calculating the Equity Market Risk Premium and Explaining the Value of the S&P with Two Variables," Journal of Applied Corporate Finance 22(2) (Spring 2010): 118­130. 4. Justin Fox, The Myth of the Rational Market: History of Risk, Reward and Delusion on Wall Street (New York: Harper Collins, 2009), 199. 5. Daniel Kahneman and Amos Tversky, "Advances in Prospect Theory: Cumula- tive Representation of Uncertainty." Journal of Risk and Uncertainty 5 (1992):