id	sid	tid	token	lemma	pos
fsr-3239	1	1	investment	investment	NOUN
fsr-3239	1	2	performance	performance	NOUN
fsr-3239	1	3	of	of	ADP
fsr-3239	1	4	aaii	aaii	NOUN
fsr-3239	1	5	stock	stock	NOUN
fsr-3239	1	6	screens	screen	NOUN
fsr-3239	1	7	over	over	ADP
fsr-3239	1	8	diverse	diverse	ADJ
fsr-3239	1	9	markets	market	NOUN
fsr-3239	1	10	david	david	PROPN
fsr-3239	1	11	s.	s.	PROPN
fsr-3239	1	12	northa	northa	PROPN
fsr-3239	1	13	,	,	PUNCT
fsr-3239	1	14	jerry	jerry	PROPN
fsr-3239	1	15	l.	l.	PROPN
fsr-3239	1	16	stevensa	stevensa	PROPN
fsr-3239	1	17	,	,	PUNCT
fsr-3239	1	18	*	*	PUNCT
fsr-3239	1	19	adepartment	adepartment	NOUN
fsr-3239	1	20	of	of	ADP
fsr-3239	1	21	finance	finance	NOUN
fsr-3239	1	22	,	,	PUNCT
fsr-3239	1	23	e.	e.	PROPN
fsr-3239	1	24	c.	c.	PROPN
fsr-3239	1	25	robins	robins	PROPN
fsr-3239	1	26	school	school	NOUN
fsr-3239	1	27	of	of	ADP
fsr-3239	1	28	business	business	NOUN
fsr-3239	1	29	,	,	PUNCT
fsr-3239	1	30	university	university	PROPN
fsr-3239	1	31	of	of	ADP
fsr-3239	1	32	richmond	richmond	PROPN
fsr-3239	1	33	,	,	PUNCT
fsr-3239	1	34	richmond	richmond	PROPN
fsr-3239	1	35	,	,	PUNCT
fsr-3239	1	36	va	va	PROPN
fsr-3239	1	37	23173	23173	NUM
fsr-3239	1	38	,	,	PUNCT
fsr-3239	1	39	usa	usa	PROPN
fsr-3239	1	40	abstract	abstract	ADJ
fsr-3239	1	41	individual	individual	ADJ
fsr-3239	1	42	investors	investor	NOUN
fsr-3239	1	43	often	often	ADV
fsr-3239	1	44	rely	rely	VERB
fsr-3239	1	45	on	on	ADP
fsr-3239	1	46	information	information	NOUN
fsr-3239	1	47	services	service	NOUN
fsr-3239	1	48	and	and	CCONJ
fsr-3239	1	49	products	product	NOUN
fsr-3239	1	50	to	to	PART
fsr-3239	1	51	compete	compete	VERB
fsr-3239	1	52	with	with	ADP
fsr-3239	1	53	professional	professional	ADJ
fsr-3239	1	54	investors	investor	NOUN
fsr-3239	1	55	.	.	PUNCT
fsr-3239	2	1	to	to	PART
fsr-3239	2	2	assist	assist	VERB
fsr-3239	2	3	in	in	ADP
fsr-3239	2	4	this	this	DET
fsr-3239	2	5	effort	effort	NOUN
fsr-3239	2	6	,	,	PUNCT
fsr-3239	2	7	the	the	DET
fsr-3239	2	8	american	american	PROPN
fsr-3239	2	9	association	association	PROPN
fsr-3239	2	10	of	of	ADP
fsr-3239	2	11	individual	individual	ADJ
fsr-3239	2	12	investors	investor	NOUN
fsr-3239	2	13	(	(	PUNCT
fsr-3239	2	14	aaii	aaii	NOUN
fsr-3239	2	15	)	)	PUNCT
fsr-3239	2	16	offers	offer	VERB
fsr-3239	2	17	a	a	DET
fsr-3239	2	18	variety	variety	NOUN
fsr-3239	2	19	of	of	ADP
fsr-3239	2	20	screening	screen	VERB
fsr-3239	2	21	tools	tool	NOUN
fsr-3239	2	22	designed	design	VERB
fsr-3239	2	23	to	to	PART
fsr-3239	2	24	help	help	VERB
fsr-3239	2	25	individuals	individual	NOUN
fsr-3239	2	26	construct	construct	VERB
fsr-3239	2	27	stock	stock	NOUN
fsr-3239	2	28	portfolios	portfolio	NOUN
fsr-3239	2	29	.	.	PUNCT
fsr-3239	3	1	we	we	PRON
fsr-3239	3	2	extend	extend	VERB
fsr-3239	3	3	prior	prior	ADJ
fsr-3239	3	4	research	research	NOUN
fsr-3239	3	5	on	on	ADP
fsr-3239	3	6	aaii	aaii	NOUN
fsr-3239	3	7	screening	screen	VERB
fsr-3239	3	8	performance	performance	NOUN
fsr-3239	3	9	by	by	ADP
fsr-3239	3	10	including	include	VERB
fsr-3239	3	11	more	more	ADV
fsr-3239	3	12	recent	recent	ADJ
fsr-3239	3	13	investment	investment	NOUN
fsr-3239	3	14	periods	period	NOUN
fsr-3239	3	15	,	,	PUNCT
fsr-3239	3	16	using	use	VERB
fsr-3239	3	17	more	more	ADJ
fsr-3239	3	18	rigorous	rigorous	ADJ
fsr-3239	3	19	factor	factor	NOUN
fsr-3239	3	20	models	model	NOUN
fsr-3239	3	21	,	,	PUNCT
fsr-3239	3	22	and	and	CCONJ
fsr-3239	3	23	examining	examine	VERB
fsr-3239	3	24	both	both	CCONJ
fsr-3239	3	25	median	median	ADJ
fsr-3239	3	26	and	and	CCONJ
fsr-3239	3	27	mean	mean	ADJ
fsr-3239	3	28	returns	return	NOUN
fsr-3239	3	29	to	to	PART
fsr-3239	3	30	allow	allow	VERB
fsr-3239	3	31	for	for	ADP
fsr-3239	3	32	skewing	skew	VERB
fsr-3239	3	33	.	.	PUNCT
fsr-3239	4	1	over	over	ADP
fsr-3239	4	2	a	a	DET
fsr-3239	4	3	period	period	NOUN
fsr-3239	4	4	of	of	ADP
fsr-3239	4	5	tumultuous	tumultuous	ADJ
fsr-3239	4	6	markets	market	NOUN
fsr-3239	4	7	with	with	ADP
fsr-3239	4	8	as	as	ADV
fsr-3239	4	9	little	little	ADJ
fsr-3239	4	10	as	as	ADP
fsr-3239	4	11	$	$	SYM
fsr-3239	4	12	50,000	50,000	NUM
fsr-3239	4	13	to	to	PART
fsr-3239	4	14	invest	invest	VERB
fsr-3239	4	15	,	,	PUNCT
fsr-3239	4	16	over	over	ADP
fsr-3239	4	17	30	30	NUM
fsr-3239	4	18	%	%	NOUN
fsr-3239	4	19	of	of	ADP
fsr-3239	4	20	the	the	DET
fsr-3239	4	21	available	available	ADJ
fsr-3239	4	22	screens	screen	NOUN
fsr-3239	4	23	achieved	achieve	VERB
fsr-3239	4	24	statistically	statistically	ADV
fsr-3239	4	25	significant	significant	ADJ
fsr-3239	4	26	excess	excess	ADJ
fsr-3239	4	27	rates	rate	NOUN
fsr-3239	4	28	of	of	ADP
fsr-3239	4	29	return	return	NOUN
fsr-3239	4	30	unrelated	unrelated	ADJ
fsr-3239	4	31	to	to	ADP
fsr-3239	4	32	transaction	transaction	NOUN
fsr-3239	4	33	costs	cost	NOUN
fsr-3239	4	34	and	and	CCONJ
fsr-3239	4	35	multifactor	multifactor	NOUN
fsr-3239	4	36	risks	risk	NOUN
fsr-3239	4	37	proposed	propose	VERB
fsr-3239	4	38	by	by	ADP
fsr-3239	4	39	efficient	efficient	ADJ
fsr-3239	4	40	market	market	NOUN
fsr-3239	4	41	theorists	theorist	NOUN
fsr-3239	4	42	.	.	PUNCT
fsr-3239	5	1	©	©	PROPN
fsr-3239	5	2	2015	2015	NUM
fsr-3239	5	3	academy	academy	NOUN
fsr-3239	5	4	of	of	ADP
fsr-3239	5	5	financial	financial	ADJ
fsr-3239	5	6	services	service	NOUN
fsr-3239	5	7	.	.	PUNCT
fsr-3239	6	1	all	all	DET
fsr-3239	6	2	rights	right	NOUN
fsr-3239	6	3	reserved	reserve	VERB
fsr-3239	6	4	.	.	PUNCT
fsr-3239	7	1	jel	jel	PROPN
fsr-3239	7	2	classification	classification	NOUN
fsr-3239	7	3	:	:	PUNCT
fsr-3239	7	4	g11	g11	NOUN
fsr-3239	7	5	;	;	PUNCT
fsr-3239	7	6	g14	g14	ADJ
fsr-3239	7	7	keywords	keyword	NOUN
fsr-3239	7	8	:	:	PUNCT
fsr-3239	7	9	personal	personal	ADJ
fsr-3239	7	10	investing	investing	NOUN
fsr-3239	7	11	;	;	PUNCT
fsr-3239	7	12	investment	investment	NOUN
fsr-3239	7	13	performance	performance	NOUN
fsr-3239	7	14	;	;	PUNCT
fsr-3239	7	15	factor	factor	NOUN
fsr-3239	7	16	models	model	NOUN
fsr-3239	7	17	1	1	NUM
fsr-3239	7	18	.	.	PUNCT
fsr-3239	7	19	introduction	introduction	NOUN
fsr-3239	7	20	as	as	ADP
fsr-3239	7	21	part	part	NOUN
fsr-3239	7	22	of	of	ADP
fsr-3239	7	23	an	an	DET
fsr-3239	7	24	investment	investment	NOUN
fsr-3239	7	25	process	process	NOUN
fsr-3239	7	26	,	,	PUNCT
fsr-3239	7	27	investors	investor	NOUN
fsr-3239	7	28	consider	consider	VERB
fsr-3239	7	29	the	the	DET
fsr-3239	7	30	extent	extent	NOUN
fsr-3239	7	31	to	to	PART
fsr-3239	7	32	which	which	PRON
fsr-3239	7	33	they	they	PRON
fsr-3239	7	34	use	use	VERB
fsr-3239	7	35	passive	passive	ADJ
fsr-3239	7	36	and	and	CCONJ
fsr-3239	7	37	active	active	ADJ
fsr-3239	7	38	approaches	approach	NOUN
fsr-3239	7	39	to	to	ADP
fsr-3239	7	40	the	the	DET
fsr-3239	7	41	equity	equity	NOUN
fsr-3239	7	42	market	market	NOUN
fsr-3239	7	43	.	.	PUNCT
fsr-3239	8	1	individuals	individual	NOUN
fsr-3239	8	2	often	often	ADV
fsr-3239	8	3	use	use	VERB
fsr-3239	8	4	a	a	DET
fsr-3239	8	5	passive	passive	ADJ
fsr-3239	8	6	approach	approach	NOUN
fsr-3239	8	7	by	by	ADP
fsr-3239	8	8	investing	invest	VERB
fsr-3239	8	9	in	in	ADP
fsr-3239	8	10	broadly	broadly	ADV
fsr-3239	8	11	diversified	diversify	VERB
fsr-3239	8	12	index	index	NOUN
fsr-3239	8	13	funds	fund	NOUN
fsr-3239	8	14	rather	rather	ADV
fsr-3239	8	15	than	than	ADP
fsr-3239	8	16	spend	spend	VERB
fsr-3239	8	17	time	time	NOUN
fsr-3239	8	18	and	and	CCONJ
fsr-3239	8	19	energy	energy	NOUN
fsr-3239	8	20	trying	try	VERB
fsr-3239	8	21	to	to	PART
fsr-3239	8	22	pick	pick	VERB
fsr-3239	8	23	stocks	stock	NOUN
fsr-3239	8	24	.	.	PUNCT
fsr-3239	9	1	the	the	DET
fsr-3239	9	2	passive	passive	ADJ
fsr-3239	9	3	approach	approach	NOUN
fsr-3239	9	4	is	be	AUX
fsr-3239	9	5	supported	support	VERB
fsr-3239	9	6	by	by	ADP
fsr-3239	9	7	efficient	efficient	ADJ
fsr-3239	9	8	market	market	NOUN
fsr-3239	9	9	arguments	argument	NOUN
fsr-3239	9	10	that	that	SCONJ
fsr-3239	9	11	active	active	ADJ
fsr-3239	9	12	trading	trading	NOUN
fsr-3239	9	13	of	of	ADP
fsr-3239	9	14	stocks	stock	NOUN
fsr-3239	9	15	will	will	AUX
fsr-3239	9	16	not	not	PART
fsr-3239	9	17	consistently	consistently	ADV
fsr-3239	9	18	beat	beat	VERB
fsr-3239	9	19	the	the	DET
fsr-3239	9	20	market	market	NOUN
fsr-3239	9	21	index	index	NOUN
fsr-3239	9	22	on	on	ADP
fsr-3239	9	23	a	a	DET
fsr-3239	9	24	risk	risk	NOUN
fsr-3239	9	25	-	-	PUNCT
fsr-3239	9	26	adjusted	adjust	VERB
fsr-3239	9	27	basis	basis	NOUN
fsr-3239	9	28	.	.	PUNCT
fsr-3239	10	1	the	the	DET
fsr-3239	10	2	efficient	efficient	ADJ
fsr-3239	10	3	*	*	PUNCT
fsr-3239	10	4	corresponding	correspond	VERB
fsr-3239	10	5	author	author	NOUN
fsr-3239	10	6	.	.	PUNCT
fsr-3239	11	1	tel	tel	PROPN
fsr-3239	11	2	.	.	PUNCT
fsr-3239	11	3	:	:	PUNCT
fsr-3239	12	1	�	�	PROPN
fsr-3239	12	2	1	1	NUM
fsr-3239	12	3	-	-	SYM
fsr-3239	12	4	804	804	NUM
fsr-3239	12	5	-	-	PUNCT
fsr-3239	12	6	289	289	NUM
fsr-3239	12	7	-	-	PUNCT
fsr-3239	12	8	8597	8597	NUM
fsr-3239	12	9	;	;	PUNCT
fsr-3239	12	10	fax	fax	NOUN
fsr-3239	12	11	:	:	PUNCT
fsr-3239	12	12	�	�	PROPN
fsr-3239	12	13	1	1	NUM
fsr-3239	12	14	-	-	SYM
fsr-3239	12	15	804	804	NUM
fsr-3239	12	16	-	-	PUNCT
fsr-3239	12	17	289	289	NUM
fsr-3239	12	18	-	-	PUNCT
fsr-3239	12	19	8878	8878	NUM
fsr-3239	12	20	.	.	PUNCT
fsr-3239	13	1	e	e	X
fsr-3239	13	2	-	-	NOUN
fsr-3239	13	3	mail	mail	NOUN
fsr-3239	13	4	address	address	NOUN
fsr-3239	13	5	:	:	PUNCT
fsr-3239	14	1	jstevens@richmond.edu	jstevens@richmond.edu	PROPN
fsr-3239	14	2	(	(	PUNCT
fsr-3239	14	3	j.l	j.l	PROPN
fsr-3239	14	4	.	.	PROPN
fsr-3239	14	5	stevens	stevens	PROPN
fsr-3239	14	6	)	)	PUNCT
fsr-3239	14	7	.	.	PUNCT
fsr-3239	15	1	financial	financial	ADJ
fsr-3239	15	2	services	service	NOUN
fsr-3239	15	3	review	review	VERB
fsr-3239	15	4	24	24	NUM
fsr-3239	15	5	(	(	PUNCT
fsr-3239	15	6	2015	2015	NUM
fsr-3239	15	7	)	)	PUNCT
fsr-3239	15	8	157–176	157–176	NUM
fsr-3239	15	9	1057	1057	NUM
fsr-3239	15	10	-	-	SYM
fsr-3239	15	11	0810/15/$	0810/15/$	NUM
fsr-3239	15	12	–	–	PUNCT
fsr-3239	15	13	see	see	VERB
fsr-3239	15	14	front	front	ADJ
fsr-3239	15	15	matter	matter	NOUN
fsr-3239	15	16	©	©	PROPN
fsr-3239	15	17	2015	2015	NUM
fsr-3239	15	18	academy	academy	NOUN
fsr-3239	15	19	of	of	ADP
fsr-3239	15	20	financial	financial	ADJ
fsr-3239	15	21	services	service	NOUN
fsr-3239	15	22	.	.	PUNCT
fsr-3239	16	1	all	all	DET
fsr-3239	16	2	rights	right	NOUN
fsr-3239	16	3	reserved	reserve	VERB
fsr-3239	16	4	.	.	PUNCT
fsr-3239	17	1	market	market	NOUN
fsr-3239	17	2	hypothesis	hypothesis	NOUN
fsr-3239	17	3	is	be	AUX
fsr-3239	17	4	based	base	VERB
fsr-3239	17	5	on	on	ADP
fsr-3239	17	6	the	the	DET
fsr-3239	17	7	view	view	NOUN
fsr-3239	17	8	that	that	SCONJ
fsr-3239	17	9	a	a	DET
fsr-3239	17	10	large	large	ADJ
fsr-3239	17	11	numbers	number	NOUN
fsr-3239	17	12	of	of	ADP
fsr-3239	17	13	rational	rational	ADJ
fsr-3239	17	14	investors	investor	NOUN
fsr-3239	17	15	with	with	ADP
fsr-3239	17	16	access	access	NOUN
fsr-3239	17	17	to	to	ADP
fsr-3239	17	18	the	the	DET
fsr-3239	17	19	same	same	ADJ
fsr-3239	17	20	information	information	NOUN
fsr-3239	17	21	will	will	AUX
fsr-3239	17	22	generate	generate	VERB
fsr-3239	17	23	security	security	NOUN
fsr-3239	17	24	prices	price	NOUN
fsr-3239	17	25	that	that	PRON
fsr-3239	17	26	are	be	AUX
fsr-3239	17	27	unbiased	unbiased	ADJ
fsr-3239	17	28	estimates	estimate	NOUN
fsr-3239	17	29	of	of	ADP
fsr-3239	17	30	security	security	NOUN
fsr-3239	17	31	values	value	NOUN
fsr-3239	17	32	.	.	PUNCT
fsr-3239	18	1	as	as	ADP
fsr-3239	18	2	a	a	DET
fsr-3239	18	3	result	result	NOUN
fsr-3239	18	4	,	,	PUNCT
fsr-3239	18	5	there	there	PRON
fsr-3239	18	6	should	should	AUX
fsr-3239	18	7	be	be	AUX
fsr-3239	18	8	no	no	DET
fsr-3239	18	9	consistent	consistent	ADJ
fsr-3239	18	10	abnormal	abnormal	ADJ
fsr-3239	18	11	returns	return	NOUN
fsr-3239	18	12	from	from	ADP
fsr-3239	18	13	active	active	ADJ
fsr-3239	18	14	trading.1	trading.1	NOUN
fsr-3239	18	15	active	active	ADJ
fsr-3239	18	16	investors	investor	NOUN
fsr-3239	18	17	seek	seek	VERB
fsr-3239	18	18	opportunities	opportunity	NOUN
fsr-3239	18	19	for	for	ADP
fsr-3239	18	20	excess	excess	ADJ
fsr-3239	18	21	rates	rate	NOUN
fsr-3239	18	22	of	of	ADP
fsr-3239	18	23	return	return	NOUN
fsr-3239	18	24	that	that	PRON
fsr-3239	18	25	are	be	AUX
fsr-3239	18	26	generally	generally	ADV
fsr-3239	18	27	linked	link	VERB
fsr-3239	18	28	to	to	ADP
fsr-3239	18	29	behavioral	behavioral	ADJ
fsr-3239	18	30	explanations	explanation	NOUN
fsr-3239	18	31	for	for	ADP
fsr-3239	18	32	departures	departure	NOUN
fsr-3239	18	33	from	from	ADP
fsr-3239	18	34	investor	investor	NOUN
fsr-3239	18	35	rationality	rationality	NOUN
fsr-3239	18	36	.	.	PUNCT
fsr-3239	19	1	behavioral	behavioral	ADJ
fsr-3239	19	2	finance	finance	NOUN
fsr-3239	19	3	theories	theory	NOUN
fsr-3239	19	4	maintain	maintain	VERB
fsr-3239	19	5	that	that	SCONJ
fsr-3239	19	6	predictable	predictable	ADJ
fsr-3239	19	7	irrationality	irrationality	NOUN
fsr-3239	19	8	in	in	ADP
fsr-3239	19	9	security	security	NOUN
fsr-3239	19	10	pricing	pricing	NOUN
fsr-3239	19	11	,	,	PUNCT
fsr-3239	19	12	linked	link	VERB
fsr-3239	19	13	to	to	ADP
fsr-3239	19	14	human	human	ADJ
fsr-3239	19	15	biases	bias	NOUN
fsr-3239	19	16	and	and	CCONJ
fsr-3239	19	17	heuristics	heuristic	NOUN
fsr-3239	19	18	,	,	PUNCT
fsr-3239	19	19	causes	cause	VERB
fsr-3239	19	20	predictable	predictable	ADJ
fsr-3239	19	21	deviations	deviation	NOUN
fsr-3239	19	22	from	from	ADP
fsr-3239	19	23	efficient	efficient	ADJ
fsr-3239	19	24	market	market	NOUN
fsr-3239	19	25	pricing	pricing	NOUN
fsr-3239	19	26	.	.	PUNCT
fsr-3239	20	1	these	these	DET
fsr-3239	20	2	predictably	predictably	ADV
fsr-3239	20	3	irrational	irrational	ADJ
fsr-3239	20	4	behaviors	behavior	NOUN
fsr-3239	20	5	of	of	ADP
fsr-3239	20	6	investors	investor	NOUN
fsr-3239	20	7	have	have	AUX
fsr-3239	20	8	been	be	AUX
fsr-3239	20	9	tested	test	VERB
fsr-3239	20	10	and	and	CCONJ
fsr-3239	20	11	validated	validate	VERB
fsr-3239	20	12	in	in	ADP
fsr-3239	20	13	behavioral	behavioral	ADJ
fsr-3239	20	14	finance	finance	NOUN
fsr-3239	20	15	studies	study	NOUN
fsr-3239	20	16	reviewed	review	VERB
fsr-3239	20	17	by	by	ADP
fsr-3239	20	18	nofsinger	nofsinger	NOUN
fsr-3239	20	19	(	(	PUNCT
fsr-3239	20	20	2013	2013	NUM
fsr-3239	20	21	)	)	PUNCT
fsr-3239	20	22	and	and	CCONJ
fsr-3239	20	23	have	have	AUX
fsr-3239	20	24	been	be	AUX
fsr-3239	20	25	translated	translate	VERB
fsr-3239	20	26	into	into	ADP
fsr-3239	20	27	investment	investment	NOUN
fsr-3239	20	28	strategies	strategy	NOUN
fsr-3239	20	29	by	by	ADP
fsr-3239	20	30	pompian	pompian	PROPN
fsr-3239	20	31	(	(	PUNCT
fsr-3239	20	32	2012	2012	NUM
fsr-3239	20	33	)	)	PUNCT
fsr-3239	20	34	.	.	PUNCT
fsr-3239	21	1	ultimately	ultimately	ADV
fsr-3239	21	2	,	,	PUNCT
fsr-3239	21	3	the	the	DET
fsr-3239	21	4	ability	ability	NOUN
fsr-3239	21	5	to	to	PART
fsr-3239	21	6	use	use	VERB
fsr-3239	21	7	information	information	NOUN
fsr-3239	21	8	and	and	CCONJ
fsr-3239	21	9	metrics	metric	NOUN
fsr-3239	21	10	about	about	ADP
fsr-3239	21	11	stocks	stock	NOUN
fsr-3239	21	12	to	to	PART
fsr-3239	21	13	earn	earn	VERB
fsr-3239	21	14	an	an	DET
fsr-3239	21	15	excess	excess	ADJ
fsr-3239	21	16	return	return	NOUN
fsr-3239	21	17	is	be	AUX
fsr-3239	21	18	an	an	DET
fsr-3239	21	19	empirical	empirical	ADJ
fsr-3239	21	20	issue	issue	NOUN
fsr-3239	21	21	.	.	PUNCT
fsr-3239	22	1	even	even	ADV
fsr-3239	22	2	with	with	ADP
fsr-3239	22	3	market	market	NOUN
fsr-3239	22	4	inefficiencies	inefficiency	NOUN
fsr-3239	22	5	,	,	PUNCT
fsr-3239	22	6	small	small	ADJ
fsr-3239	22	7	investors	investor	NOUN
fsr-3239	22	8	may	may	AUX
fsr-3239	22	9	remain	remain	VERB
fsr-3239	22	10	passive	passive	ADJ
fsr-3239	22	11	because	because	SCONJ
fsr-3239	22	12	they	they	PRON
fsr-3239	22	13	feel	feel	VERB
fsr-3239	22	14	that	that	SCONJ
fsr-3239	22	15	professionals	professional	NOUN
fsr-3239	22	16	with	with	ADP
fsr-3239	22	17	large	large	ADJ
fsr-3239	22	18	research	research	NOUN
fsr-3239	22	19	budgets	budget	NOUN
fsr-3239	22	20	have	have	VERB
fsr-3239	22	21	size	size	NOUN
fsr-3239	22	22	,	,	PUNCT
fsr-3239	22	23	diversification	diversification	NOUN
fsr-3239	22	24	,	,	PUNCT
fsr-3239	22	25	technology	technology	NOUN
fsr-3239	22	26	,	,	PUNCT
fsr-3239	22	27	transaction	transaction	NOUN
fsr-3239	22	28	cost	cost	NOUN
fsr-3239	22	29	,	,	PUNCT
fsr-3239	22	30	and	and	CCONJ
fsr-3239	22	31	information	information	NOUN
fsr-3239	22	32	advantages	advantage	NOUN
fsr-3239	22	33	.	.	PUNCT
fsr-3239	23	1	empirical	empirical	ADJ
fsr-3239	23	2	evidence	evidence	NOUN
fsr-3239	23	3	suggests	suggest	VERB
fsr-3239	23	4	that	that	SCONJ
fsr-3239	23	5	individual	individual	ADJ
fsr-3239	23	6	investors	investor	NOUN
fsr-3239	23	7	generally	generally	ADV
fsr-3239	23	8	do	do	AUX
fsr-3239	23	9	not	not	PART
fsr-3239	23	10	make	make	VERB
fsr-3239	23	11	good	good	ADJ
fsr-3239	23	12	stock	stock	NOUN
fsr-3239	23	13	selection	selection	NOUN
fsr-3239	23	14	decisions	decision	NOUN
fsr-3239	23	15	.	.	PUNCT
fsr-3239	24	1	barber	barber	NOUN
fsr-3239	24	2	and	and	CCONJ
fsr-3239	24	3	odean	odean	ADJ
fsr-3239	24	4	(	(	PUNCT
fsr-3239	24	5	2000	2000	NUM
fsr-3239	24	6	)	)	PUNCT
fsr-3239	24	7	found	find	VERB
fsr-3239	24	8	that	that	SCONJ
fsr-3239	24	9	returns	return	NOUN
fsr-3239	24	10	on	on	ADP
fsr-3239	24	11	stocks	stock	NOUN
fsr-3239	24	12	sold	sell	VERB
fsr-3239	24	13	by	by	ADP
fsr-3239	24	14	individuals	individual	NOUN
fsr-3239	24	15	subsequently	subsequently	ADV
fsr-3239	24	16	turned	turn	VERB
fsr-3239	24	17	out	out	ADP
fsr-3239	24	18	to	to	PART
fsr-3239	24	19	be	be	AUX
fsr-3239	24	20	higher	high	ADJ
fsr-3239	24	21	than	than	ADP
fsr-3239	24	22	returns	return	NOUN
fsr-3239	24	23	on	on	ADP
fsr-3239	24	24	stocks	stock	NOUN
fsr-3239	24	25	they	they	PRON
fsr-3239	24	26	bought	buy	VERB
fsr-3239	24	27	.	.	PUNCT
fsr-3239	25	1	in	in	ADP
fsr-3239	25	2	the	the	DET
fsr-3239	25	3	same	same	ADJ
fsr-3239	25	4	study	study	NOUN
fsr-3239	25	5	barber	barber	NOUN
fsr-3239	25	6	and	and	CCONJ
fsr-3239	25	7	odean	odean	PROPN
fsr-3239	25	8	found	find	VERB
fsr-3239	25	9	that	that	SCONJ
fsr-3239	25	10	the	the	DET
fsr-3239	25	11	average	average	ADJ
fsr-3239	25	12	household	household	NOUN
fsr-3239	25	13	with	with	ADP
fsr-3239	25	14	an	an	DET
fsr-3239	25	15	account	account	NOUN
fsr-3239	25	16	at	at	ADP
fsr-3239	25	17	a	a	DET
fsr-3239	25	18	large	large	ADJ
fsr-3239	25	19	discount	discount	NOUN
fsr-3239	25	20	brokerage	brokerage	NOUN
fsr-3239	25	21	firm	firm	NOUN
fsr-3239	25	22	underperformed	underperform	VERB
fsr-3239	25	23	by	by	ADP
fsr-3239	25	24	an	an	DET
fsr-3239	25	25	average	average	ADJ
fsr-3239	25	26	15	15	NUM
fsr-3239	25	27	basis	basis	NOUN
fsr-3239	25	28	points	point	NOUN
fsr-3239	25	29	per	per	ADP
fsr-3239	25	30	month	month	NOUN
fsr-3239	25	31	even	even	ADV
fsr-3239	25	32	without	without	ADP
fsr-3239	25	33	transaction	transaction	NOUN
fsr-3239	25	34	cost	cost	NOUN
fsr-3239	25	35	adjustments	adjustment	NOUN
fsr-3239	25	36	.	.	PUNCT
fsr-3239	26	1	korniotis	korniotis	NOUN
fsr-3239	26	2	and	and	CCONJ
fsr-3239	26	3	kumara	kumara	PROPN
fsr-3239	26	4	(	(	PUNCT
fsr-3239	26	5	2013	2013	NUM
fsr-3239	26	6	)	)	PUNCT
fsr-3239	26	7	analyzed	analyze	VERB
fsr-3239	26	8	investment	investment	NOUN
fsr-3239	26	9	accounts	account	NOUN
fsr-3239	26	10	of	of	ADP
fsr-3239	26	11	over	over	ADP
fsr-3239	26	12	60,000	60,000	NUM
fsr-3239	26	13	customers	customer	NOUN
fsr-3239	26	14	of	of	ADP
fsr-3239	26	15	a	a	DET
fsr-3239	26	16	major	major	ADJ
fsr-3239	26	17	discount	discount	NOUN
fsr-3239	26	18	broker	broker	NOUN
fsr-3239	26	19	over	over	ADP
fsr-3239	26	20	the	the	DET
fsr-3239	26	21	period	period	NOUN
fsr-3239	26	22	from	from	ADP
fsr-3239	26	23	1991	1991	NUM
fsr-3239	26	24	to	to	ADP
fsr-3239	26	25	1996	1996	NUM
fsr-3239	26	26	.	.	PUNCT
fsr-3239	27	1	they	they	PRON
fsr-3239	27	2	found	find	VERB
fsr-3239	27	3	that	that	SCONJ
fsr-3239	27	4	retail	retail	ADJ
fsr-3239	27	5	investors	investor	NOUN
fsr-3239	27	6	(	(	PUNCT
fsr-3239	27	7	less	less	ADV
fsr-3239	27	8	informed	informed	ADJ
fsr-3239	27	9	)	)	PUNCT
fsr-3239	27	10	underperformed	underperformed	ADJ
fsr-3239	27	11	wholesale	wholesale	ADJ
fsr-3239	27	12	investors	investor	NOUN
fsr-3239	27	13	(	(	PUNCT
fsr-3239	27	14	well	well	ADV
fsr-3239	27	15	informed	inform	VERB
fsr-3239	27	16	)	)	PUNCT
fsr-3239	27	17	by	by	ADP
fsr-3239	27	18	over	over	ADP
fsr-3239	27	19	200	200	NUM
fsr-3239	27	20	basis	basis	NOUN
fsr-3239	27	21	points	point	NOUN
fsr-3239	27	22	per	per	ADP
fsr-3239	27	23	year	year	NOUN
fsr-3239	27	24	on	on	ADP
fsr-3239	27	25	average	average	ADJ
fsr-3239	27	26	.	.	PUNCT
fsr-3239	28	1	a	a	DET
fsr-3239	28	2	wide	wide	ADJ
fsr-3239	28	3	range	range	NOUN
fsr-3239	28	4	of	of	ADP
fsr-3239	28	5	professional	professional	ADJ
fsr-3239	28	6	services	service	NOUN
fsr-3239	28	7	are	be	AUX
fsr-3239	28	8	available	available	ADJ
fsr-3239	28	9	to	to	PART
fsr-3239	28	10	help	help	VERB
fsr-3239	28	11	individuals	individual	NOUN
fsr-3239	28	12	overcome	overcome	VERB
fsr-3239	28	13	disadvantages	disadvantage	NOUN
fsr-3239	28	14	relative	relative	ADJ
fsr-3239	28	15	to	to	ADP
fsr-3239	28	16	well	well	ADV
fsr-3239	28	17	informed	inform	VERB
fsr-3239	28	18	investors	investor	NOUN
fsr-3239	28	19	.	.	PUNCT
fsr-3239	29	1	one	one	NUM
fsr-3239	29	2	such	such	ADJ
fsr-3239	29	3	service	service	NOUN
fsr-3239	29	4	available	available	ADJ
fsr-3239	29	5	to	to	ADP
fsr-3239	29	6	individual	individual	ADJ
fsr-3239	29	7	investors	investor	NOUN
fsr-3239	29	8	is	be	AUX
fsr-3239	29	9	provided	provide	VERB
fsr-3239	29	10	by	by	ADP
fsr-3239	29	11	the	the	DET
fsr-3239	29	12	american	american	PROPN
fsr-3239	29	13	association	association	PROPN
fsr-3239	29	14	of	of	ADP
fsr-3239	29	15	individual	individual	ADJ
fsr-3239	29	16	investors	investor	NOUN
fsr-3239	29	17	(	(	PUNCT
fsr-3239	29	18	aaii	aaii	NOUN
fsr-3239	29	19	)	)	PUNCT
fsr-3239	29	20	.	.	PUNCT
fsr-3239	30	1	aaii	aaii	NOUN
fsr-3239	30	2	is	be	AUX
fsr-3239	30	3	a	a	DET
fsr-3239	30	4	nonprofit	nonprofit	ADJ
fsr-3239	30	5	investment	investment	NOUN
fsr-3239	30	6	education	education	NOUN
fsr-3239	30	7	organization	organization	NOUN
fsr-3239	30	8	offering	offer	VERB
fsr-3239	30	9	individual	individual	ADJ
fsr-3239	30	10	investors	investor	NOUN
fsr-3239	30	11	a	a	DET
fsr-3239	30	12	set	set	NOUN
fsr-3239	30	13	of	of	ADP
fsr-3239	30	14	low	low	ADJ
fsr-3239	30	15	cost	cost	NOUN
fsr-3239	30	16	services	service	NOUN
fsr-3239	30	17	supporting	support	VERB
fsr-3239	30	18	active	active	ADJ
fsr-3239	30	19	trading	trading	NOUN
fsr-3239	30	20	strategies	strategy	NOUN
fsr-3239	30	21	.	.	PUNCT
fsr-3239	31	1	investors	investor	NOUN
fsr-3239	31	2	have	have	VERB
fsr-3239	31	3	access	access	NOUN
fsr-3239	31	4	to	to	ADP
fsr-3239	31	5	stock	stock	NOUN
fsr-3239	31	6	screens	screen	NOUN
fsr-3239	31	7	based	base	VERB
fsr-3239	31	8	on	on	ADP
fsr-3239	31	9	what	what	PRON
fsr-3239	31	10	aaii	aaii	NOUN
fsr-3239	31	11	believes	believe	VERB
fsr-3239	31	12	well	well	ADV
fsr-3239	31	13	known	know	VERB
fsr-3239	31	14	and	and	CCONJ
fsr-3239	31	15	highly	highly	ADV
fsr-3239	31	16	regarded	regard	VERB
fsr-3239	31	17	investors	investor	NOUN
fsr-3239	31	18	use	use	VERB
fsr-3239	31	19	to	to	PART
fsr-3239	31	20	identify	identify	VERB
fsr-3239	31	21	attractive	attractive	ADJ
fsr-3239	31	22	stocks	stock	NOUN
fsr-3239	31	23	.	.	PUNCT
fsr-3239	32	1	aaii	aaii	VERB
fsr-3239	32	2	claims	claim	VERB
fsr-3239	32	3	that	that	SCONJ
fsr-3239	32	4	91	91	NUM
fsr-3239	32	5	%	%	NOUN
fsr-3239	32	6	of	of	ADP
fsr-3239	32	7	their	their	PRON
fsr-3239	32	8	screened	screen	VERB
fsr-3239	32	9	portfolios	portfolio	NOUN
fsr-3239	32	10	beat	beat	VERB
fsr-3239	32	11	a	a	DET
fsr-3239	32	12	passive	passive	ADJ
fsr-3239	32	13	s&p	s&p	PROPN
fsr-3239	32	14	500	500	NUM
fsr-3239	32	15	index	index	NOUN
fsr-3239	32	16	but	but	CCONJ
fsr-3239	32	17	there	there	PRON
fsr-3239	32	18	is	be	VERB
fsr-3239	32	19	no	no	DET
fsr-3239	32	20	information	information	NOUN
fsr-3239	32	21	given	give	VERB
fsr-3239	32	22	on	on	ADP
fsr-3239	32	23	performance	performance	NOUN
fsr-3239	32	24	after	after	ADP
fsr-3239	32	25	transactions	transaction	NOUN
fsr-3239	32	26	costs	cost	NOUN
fsr-3239	32	27	,	,	PUNCT
fsr-3239	32	28	risk	risk	NOUN
fsr-3239	32	29	adjustments	adjustment	NOUN
fsr-3239	32	30	,	,	PUNCT
fsr-3239	32	31	and	and	CCONJ
fsr-3239	32	32	tests	test	NOUN
fsr-3239	32	33	of	of	ADP
fsr-3239	32	34	statistical	statistical	ADJ
fsr-3239	32	35	significance.2	significance.2	NOUN
fsr-3239	32	36	in	in	ADP
fsr-3239	32	37	this	this	DET
fsr-3239	32	38	article	article	NOUN
fsr-3239	32	39	we	we	PRON
fsr-3239	32	40	present	present	VERB
fsr-3239	32	41	a	a	DET
fsr-3239	32	42	range	range	NOUN
fsr-3239	32	43	of	of	ADP
fsr-3239	32	44	performance	performance	NOUN
fsr-3239	32	45	measures	measure	NOUN
fsr-3239	32	46	addressing	address	VERB
fsr-3239	32	47	both	both	CCONJ
fsr-3239	32	48	practical	practical	ADJ
fsr-3239	32	49	and	and	CCONJ
fsr-3239	32	50	theoretical	theoretical	ADJ
fsr-3239	32	51	issues	issue	NOUN
fsr-3239	32	52	to	to	PART
fsr-3239	32	53	test	test	VERB
fsr-3239	32	54	the	the	DET
fsr-3239	32	55	investment	investment	NOUN
fsr-3239	32	56	performance	performance	NOUN
fsr-3239	32	57	of	of	ADP
fsr-3239	32	58	aaii	aaii	NOUN
fsr-3239	32	59	strategies	strategy	NOUN
fsr-3239	32	60	.	.	PUNCT
fsr-3239	33	1	specifically	specifically	ADV
fsr-3239	33	2	,	,	PUNCT
fsr-3239	33	3	prior	prior	ADJ
fsr-3239	33	4	tests	test	NOUN
fsr-3239	33	5	of	of	ADP
fsr-3239	33	6	investment	investment	NOUN
fsr-3239	33	7	performance	performance	NOUN
fsr-3239	33	8	from	from	ADP
fsr-3239	33	9	using	use	VERB
fsr-3239	33	10	mechanical	mechanical	ADJ
fsr-3239	33	11	screens	screen	NOUN
fsr-3239	33	12	are	be	AUX
fsr-3239	33	13	extended	extend	VERB
fsr-3239	33	14	as	as	SCONJ
fsr-3239	33	15	follows	follow	VERB
fsr-3239	33	16	:	:	PUNCT
fsr-3239	33	17	1	1	X
fsr-3239	33	18	.	.	X
fsr-3239	33	19	we	we	PRON
fsr-3239	33	20	extend	extend	VERB
fsr-3239	33	21	aaii	aaii	NOUN
fsr-3239	33	22	performance	performance	NOUN
fsr-3239	33	23	analysis	analysis	NOUN
fsr-3239	33	24	in	in	ADP
fsr-3239	33	25	prior	prior	ADJ
fsr-3239	33	26	studies	study	NOUN
fsr-3239	33	27	to	to	ADP
fsr-3239	33	28	more	more	ADV
fsr-3239	33	29	recent	recent	ADJ
fsr-3239	33	30	years	year	NOUN
fsr-3239	33	31	that	that	PRON
fsr-3239	33	32	include	include	VERB
fsr-3239	33	33	the	the	DET
fsr-3239	33	34	period	period	NOUN
fsr-3239	33	35	since	since	SCONJ
fsr-3239	33	36	the	the	DET
fsr-3239	33	37	2008	2008	NUM
fsr-3239	33	38	market	market	NOUN
fsr-3239	33	39	crash	crash	NOUN
fsr-3239	33	40	.	.	PUNCT
fsr-3239	34	1	our	our	PRON
fsr-3239	34	2	results	result	NOUN
fsr-3239	34	3	help	help	VERB
fsr-3239	34	4	establish	establish	VERB
fsr-3239	34	5	whether	whether	SCONJ
fsr-3239	34	6	or	or	CCONJ
fsr-3239	34	7	not	not	PART
fsr-3239	34	8	prior	prior	ADJ
fsr-3239	34	9	findings	finding	NOUN
fsr-3239	34	10	are	be	AUX
fsr-3239	34	11	robust	robust	ADJ
fsr-3239	34	12	over	over	ADP
fsr-3239	34	13	more	more	ADV
fsr-3239	34	14	recent	recent	ADJ
fsr-3239	34	15	holdout	holdout	NOUN
fsr-3239	34	16	periods	period	NOUN
fsr-3239	34	17	.	.	PUNCT
fsr-3239	35	1	2	2	X
fsr-3239	35	2	.	.	X
fsr-3239	35	3	we	we	PRON
fsr-3239	35	4	introduce	introduce	VERB
fsr-3239	35	5	an	an	DET
fsr-3239	35	6	analysis	analysis	NOUN
fsr-3239	35	7	of	of	ADP
fsr-3239	35	8	both	both	CCONJ
fsr-3239	35	9	the	the	DET
fsr-3239	35	10	mean	mean	NOUN
fsr-3239	35	11	and	and	CCONJ
fsr-3239	35	12	median	median	ADJ
fsr-3239	35	13	monthly	monthly	ADJ
fsr-3239	35	14	returns	return	NOUN
fsr-3239	35	15	to	to	PART
fsr-3239	35	16	identify	identify	VERB
fsr-3239	35	17	potential	potential	ADJ
fsr-3239	35	18	skewing	skewing	NOUN
fsr-3239	35	19	of	of	ADP
fsr-3239	35	20	returns	return	NOUN
fsr-3239	35	21	.	.	PUNCT
fsr-3239	36	1	3	3	X
fsr-3239	36	2	.	.	X
fsr-3239	36	3	we	we	PRON
fsr-3239	36	4	conduct	conduct	VERB
fsr-3239	36	5	a	a	DET
fsr-3239	36	6	more	more	ADV
fsr-3239	36	7	rigorous	rigorous	ADJ
fsr-3239	36	8	analysis	analysis	NOUN
fsr-3239	36	9	of	of	ADP
fsr-3239	36	10	screened	screen	VERB
fsr-3239	36	11	portfolio	portfolio	NOUN
fsr-3239	36	12	performance	performance	NOUN
fsr-3239	36	13	by	by	ADP
fsr-3239	36	14	using	use	VERB
fsr-3239	36	15	factor	factor	NOUN
fsr-3239	36	16	models	model	NOUN
fsr-3239	36	17	.	.	PUNCT
fsr-3239	37	1	in	in	ADP
fsr-3239	37	2	this	this	DET
fsr-3239	37	3	way	way	NOUN
fsr-3239	37	4	we	we	PRON
fsr-3239	37	5	test	test	VERB
fsr-3239	37	6	for	for	ADP
fsr-3239	37	7	screened	screen	VERB
fsr-3239	37	8	portfolios	portfolio	NOUN
fsr-3239	37	9	that	that	PRON
fsr-3239	37	10	offered	offer	VERB
fsr-3239	37	11	significant	significant	ADJ
fsr-3239	37	12	excess	excess	ADJ
fsr-3239	37	13	returns	return	NOUN
fsr-3239	37	14	even	even	ADV
fsr-3239	37	15	after	after	SCONJ
fsr-3239	37	16	more	more	ADJ
fsr-3239	37	17	extreme	extreme	ADJ
fsr-3239	37	18	risk	risk	NOUN
fsr-3239	37	19	factor	factor	NOUN
fsr-3239	37	20	hypotheses	hypothesis	NOUN
fsr-3239	37	21	are	be	AUX
fsr-3239	37	22	considered	consider	VERB
fsr-3239	37	23	.	.	PUNCT
fsr-3239	38	1	158	158	NUM
fsr-3239	38	2	d.s	d.s	PROPN
fsr-3239	38	3	.	.	PROPN
fsr-3239	38	4	north	north	PROPN
fsr-3239	38	5	,	,	PUNCT
fsr-3239	38	6	j.l	j.l	PROPN
fsr-3239	38	7	.	.	PROPN
fsr-3239	38	8	stevens	stevens	PROPN
fsr-3239	38	9	/	/	SYM
fsr-3239	38	10	financial	financial	ADJ
fsr-3239	38	11	services	service	NOUN
fsr-3239	38	12	review	review	VERB
fsr-3239	38	13	24	24	NUM
fsr-3239	38	14	(	(	PUNCT
fsr-3239	38	15	2015	2015	NUM
fsr-3239	38	16	)	)	PUNCT
fsr-3239	39	1	157–176	157–176	PROPN
fsr-3239	39	2	the	the	DET
fsr-3239	39	3	article	article	NOUN
fsr-3239	39	4	offers	offer	VERB
fsr-3239	39	5	several	several	ADJ
fsr-3239	39	6	layers	layer	NOUN
fsr-3239	39	7	of	of	ADP
fsr-3239	39	8	investment	investment	NOUN
fsr-3239	39	9	analysis	analysis	NOUN
fsr-3239	39	10	that	that	PRON
fsr-3239	39	11	may	may	AUX
fsr-3239	39	12	also	also	ADV
fsr-3239	39	13	be	be	AUX
fsr-3239	39	14	instructional	instructional	ADJ
fsr-3239	39	15	for	for	ADP
fsr-3239	39	16	individual	individual	ADJ
fsr-3239	39	17	investors	investor	NOUN
fsr-3239	39	18	who	who	PRON
fsr-3239	39	19	have	have	AUX
fsr-3239	39	20	only	only	ADV
fsr-3239	39	21	focused	focus	VERB
fsr-3239	39	22	on	on	ADP
fsr-3239	39	23	cumulative	cumulative	ADJ
fsr-3239	39	24	wealth	wealth	NOUN
fsr-3239	39	25	,	,	PUNCT
fsr-3239	39	26	average	average	ADJ
fsr-3239	39	27	returns	return	NOUN
fsr-3239	39	28	,	,	PUNCT
fsr-3239	39	29	or	or	CCONJ
fsr-3239	39	30	sharpe	sharpe	PROPN
fsr-3239	39	31	ratios	ratio	NOUN
fsr-3239	39	32	to	to	PART
fsr-3239	39	33	measure	measure	VERB
fsr-3239	39	34	performance	performance	NOUN
fsr-3239	39	35	.	.	PUNCT
fsr-3239	40	1	2	2	X
fsr-3239	40	2	.	.	X
fsr-3239	40	3	literature	literature	NOUN
fsr-3239	40	4	review	review	VERB
fsr-3239	40	5	we	we	PRON
fsr-3239	40	6	address	address	VERB
fsr-3239	40	7	the	the	DET
fsr-3239	40	8	basic	basic	ADJ
fsr-3239	40	9	question	question	NOUN
fsr-3239	40	10	of	of	ADP
fsr-3239	40	11	whether	whether	SCONJ
fsr-3239	40	12	or	or	CCONJ
fsr-3239	40	13	not	not	PART
fsr-3239	40	14	a	a	DET
fsr-3239	40	15	mechanical	mechanical	ADJ
fsr-3239	40	16	screening	screening	NOUN
fsr-3239	40	17	process	process	NOUN
fsr-3239	40	18	offered	offer	VERB
fsr-3239	40	19	to	to	ADP
fsr-3239	40	20	individual	individual	ADJ
fsr-3239	40	21	investors	investor	NOUN
fsr-3239	40	22	by	by	ADP
fsr-3239	40	23	a	a	DET
fsr-3239	40	24	third	third	ADJ
fsr-3239	40	25	party	party	NOUN
fsr-3239	40	26	can	can	AUX
fsr-3239	40	27	achieve	achieve	VERB
fsr-3239	40	28	statistically	statistically	ADV
fsr-3239	40	29	significant	significant	ADJ
fsr-3239	40	30	excess	excess	ADJ
fsr-3239	40	31	riskadjusted	riskadjuste	VERB
fsr-3239	40	32	returns	return	NOUN
fsr-3239	40	33	over	over	ADP
fsr-3239	40	34	a	a	DET
fsr-3239	40	35	long	long	ADJ
fsr-3239	40	36	investment	investment	NOUN
fsr-3239	40	37	horizon	horizon	NOUN
fsr-3239	40	38	.	.	PUNCT
fsr-3239	41	1	the	the	DET
fsr-3239	41	2	relevant	relevant	ADJ
fsr-3239	41	3	background	background	NOUN
fsr-3239	41	4	literature	literature	NOUN
fsr-3239	41	5	includes	include	VERB
fsr-3239	41	6	both	both	DET
fsr-3239	41	7	studies	study	NOUN
fsr-3239	41	8	testing	test	VERB
fsr-3239	41	9	whether	whether	SCONJ
fsr-3239	41	10	information	information	NOUN
fsr-3239	41	11	is	be	AUX
fsr-3239	41	12	efficiently	efficiently	ADV
fsr-3239	41	13	priced	price	VERB
fsr-3239	41	14	in	in	ADP
fsr-3239	41	15	general	general	ADJ
fsr-3239	41	16	and	and	CCONJ
fsr-3239	41	17	studies	study	NOUN
fsr-3239	41	18	testing	test	VERB
fsr-3239	41	19	whether	whether	SCONJ
fsr-3239	41	20	there	there	PRON
fsr-3239	41	21	is	be	VERB
fsr-3239	41	22	excess	excess	ADJ
fsr-3239	41	23	return	return	NOUN
fsr-3239	41	24	potential	potential	NOUN
fsr-3239	41	25	from	from	ADP
fsr-3239	41	26	following	follow	VERB
fsr-3239	41	27	professional	professional	ADJ
fsr-3239	41	28	recommendations	recommendation	NOUN
fsr-3239	41	29	in	in	ADP
fsr-3239	41	30	particular	particular	ADJ
fsr-3239	41	31	.	.	PUNCT
fsr-3239	42	1	even	even	ADV
fsr-3239	42	2	“	"	PUNCT
fsr-3239	42	3	well	well	ADV
fsr-3239	42	4	informed	informed	ADJ
fsr-3239	42	5	”	"	PUNCT
fsr-3239	42	6	professionals	professional	NOUN
fsr-3239	42	7	do	do	AUX
fsr-3239	42	8	not	not	PART
fsr-3239	42	9	earn	earn	VERB
fsr-3239	42	10	excess	excess	ADJ
fsr-3239	42	11	risk	risk	NOUN
fsr-3239	42	12	-	-	PUNCT
fsr-3239	42	13	adjusted	adjust	VERB
fsr-3239	42	14	returns	return	NOUN
fsr-3239	42	15	net	net	NOUN
fsr-3239	42	16	of	of	ADP
fsr-3239	42	17	transaction	transaction	NOUN
fsr-3239	42	18	costs	cost	NOUN
fsr-3239	42	19	if	if	SCONJ
fsr-3239	42	20	security	security	NOUN
fsr-3239	42	21	prices	price	NOUN
fsr-3239	42	22	are	be	AUX
fsr-3239	42	23	efficiently	efficiently	ADV
fsr-3239	42	24	valued	value	VERB
fsr-3239	42	25	,	,	PUNCT
fsr-3239	42	26	according	accord	VERB
fsr-3239	42	27	to	to	ADP
fsr-3239	42	28	the	the	DET
fsr-3239	42	29	efficient	efficient	ADJ
fsr-3239	42	30	market	market	NOUN
fsr-3239	42	31	hypothesis	hypothesis	NOUN
fsr-3239	42	32	(	(	PUNCT
fsr-3239	42	33	emh	emh	PROPN
fsr-3239	42	34	)	)	PUNCT
fsr-3239	42	35	.	.	PUNCT
fsr-3239	43	1	aaii	aaii	VERB
fsr-3239	43	2	stock	stock	NOUN
fsr-3239	43	3	screens	screen	NOUN
fsr-3239	43	4	would	would	AUX
fsr-3239	43	5	be	be	AUX
fsr-3239	43	6	of	of	ADP
fsr-3239	43	7	no	no	DET
fsr-3239	43	8	help	help	NOUN
fsr-3239	43	9	to	to	ADP
fsr-3239	43	10	individual	individual	ADJ
fsr-3239	43	11	investors	investor	NOUN
fsr-3239	43	12	if	if	SCONJ
fsr-3239	43	13	the	the	DET
fsr-3239	43	14	stock	stock	NOUN
fsr-3239	43	15	market	market	NOUN
fsr-3239	43	16	is	be	AUX
fsr-3239	43	17	efficient	efficient	ADJ
fsr-3239	43	18	.	.	PUNCT
fsr-3239	44	1	the	the	DET
fsr-3239	44	2	aaii	aaii	NOUN
fsr-3239	44	3	screens	screen	NOUN
fsr-3239	44	4	combine	combine	VERB
fsr-3239	44	5	types	type	NOUN
fsr-3239	44	6	of	of	ADP
fsr-3239	44	7	weak	weak	ADJ
fsr-3239	44	8	-	-	PUNCT
fsr-3239	44	9	form	form	NOUN
fsr-3239	44	10	and	and	CCONJ
fsr-3239	44	11	semi	semi	ADJ
fsr-3239	44	12	-	-	ADJ
fsr-3239	44	13	strong	strong	ADJ
fsr-3239	44	14	form	form	NOUN
fsr-3239	44	15	information	information	NOUN
fsr-3239	44	16	to	to	PART
fsr-3239	44	17	identify	identify	VERB
fsr-3239	44	18	stocks	stock	NOUN
fsr-3239	44	19	.	.	PUNCT
fsr-3239	45	1	weak	weak	ADJ
fsr-3239	45	2	-	-	PUNCT
fsr-3239	45	3	form	form	NOUN
fsr-3239	45	4	efficiency	efficiency	NOUN
fsr-3239	45	5	maintains	maintain	VERB
fsr-3239	45	6	that	that	SCONJ
fsr-3239	45	7	stock	stock	NOUN
fsr-3239	45	8	prices	price	NOUN
fsr-3239	45	9	fully	fully	ADV
fsr-3239	45	10	reflect	reflect	VERB
fsr-3239	45	11	all	all	DET
fsr-3239	45	12	historical	historical	ADJ
fsr-3239	45	13	information	information	NOUN
fsr-3239	45	14	.	.	PUNCT
fsr-3239	46	1	early	early	ADJ
fsr-3239	46	2	tests	test	NOUN
fsr-3239	46	3	of	of	ADP
fsr-3239	46	4	the	the	DET
fsr-3239	46	5	weak	weak	ADJ
fsr-3239	46	6	-	-	PUNCT
fsr-3239	46	7	form	form	NOUN
fsr-3239	46	8	hypothesis	hypothesis	NOUN
fsr-3239	46	9	used	use	VERB
fsr-3239	46	10	correlations	correlation	NOUN
fsr-3239	46	11	in	in	ADP
fsr-3239	46	12	short	short	ADJ
fsr-3239	46	13	run	run	NOUN
fsr-3239	46	14	holding	hold	VERB
fsr-3239	46	15	period	period	NOUN
fsr-3239	46	16	returns	return	NOUN
fsr-3239	46	17	defined	define	VERB
fsr-3239	46	18	in	in	ADP
fsr-3239	46	19	days	day	NOUN
fsr-3239	46	20	or	or	CCONJ
fsr-3239	46	21	weeks	week	NOUN
fsr-3239	46	22	.	.	PUNCT
fsr-3239	47	1	fama	fama	PROPN
fsr-3239	47	2	(	(	PUNCT
fsr-3239	47	3	1970	1970	NUM
fsr-3239	47	4	)	)	PUNCT
fsr-3239	47	5	and	and	CCONJ
fsr-3239	47	6	fama	fama	PROPN
fsr-3239	47	7	and	and	CCONJ
fsr-3239	47	8	macbeth	macbeth	PROPN
fsr-3239	47	9	(	(	PUNCT
fsr-3239	47	10	1973	1973	NUM
fsr-3239	47	11	)	)	PUNCT
fsr-3239	47	12	found	find	VERB
fsr-3239	47	13	that	that	SCONJ
fsr-3239	47	14	stock	stock	NOUN
fsr-3239	47	15	prices	price	NOUN
fsr-3239	47	16	are	be	AUX
fsr-3239	47	17	not	not	PART
fsr-3239	47	18	highly	highly	ADV
fsr-3239	47	19	correlated	correlate	VERB
fsr-3239	47	20	,	,	PUNCT
fsr-3239	47	21	supporting	support	VERB
fsr-3239	47	22	weak	weak	ADJ
fsr-3239	47	23	form	form	NOUN
fsr-3239	47	24	efficiency	efficiency	NOUN
fsr-3239	47	25	.	.	PUNCT
fsr-3239	48	1	conrad	conrad	PROPN
fsr-3239	48	2	and	and	CCONJ
fsr-3239	48	3	kaul	kaul	PROPN
fsr-3239	48	4	(	(	PUNCT
fsr-3239	48	5	1988	1988	NUM
fsr-3239	48	6	)	)	PUNCT
fsr-3239	48	7	and	and	CCONJ
fsr-3239	48	8	lo	lo	PROPN
fsr-3239	48	9	and	and	CCONJ
fsr-3239	48	10	mackinlay	mackinlay	NOUN
fsr-3239	48	11	(	(	PUNCT
fsr-3239	48	12	1988	1988	NUM
fsr-3239	48	13	)	)	PUNCT
fsr-3239	48	14	both	both	PRON
fsr-3239	48	15	analyzed	analyze	VERB
fsr-3239	48	16	weekly	weekly	ADJ
fsr-3239	48	17	returns	return	NOUN
fsr-3239	48	18	of	of	ADP
fsr-3239	48	19	the	the	DET
fsr-3239	48	20	new	new	PROPN
fsr-3239	48	21	york	york	PROPN
fsr-3239	48	22	stock	stock	PROPN
fsr-3239	48	23	exchange	exchange	PROPN
fsr-3239	48	24	(	(	PUNCT
fsr-3239	48	25	nyse	nyse	PROPN
fsr-3239	48	26	)	)	PUNCT
fsr-3239	48	27	stocks	stock	NOUN
fsr-3239	48	28	and	and	CCONJ
fsr-3239	48	29	found	find	VERB
fsr-3239	48	30	significant	significant	ADJ
fsr-3239	48	31	positive	positive	ADJ
fsr-3239	48	32	serial	serial	ADJ
fsr-3239	48	33	correlations	correlation	NOUN
fsr-3239	48	34	that	that	PRON
fsr-3239	48	35	were	be	AUX
fsr-3239	48	36	likely	likely	ADJ
fsr-3239	48	37	to	to	PART
fsr-3239	48	38	be	be	AUX
fsr-3239	48	39	too	too	ADV
fsr-3239	48	40	small	small	ADJ
fsr-3239	48	41	to	to	PART
fsr-3239	48	42	allow	allow	VERB
fsr-3239	48	43	trading	trading	NOUN
fsr-3239	48	44	opportunities	opportunity	NOUN
fsr-3239	48	45	.	.	PUNCT
fsr-3239	49	1	campbell	campbell	PROPN
fsr-3239	49	2	,	,	PUNCT
fsr-3239	49	3	grossman	grossman	PROPN
fsr-3239	49	4	,	,	PUNCT
fsr-3239	49	5	and	and	CCONJ
fsr-3239	49	6	wang	wang	PROPN
fsr-3239	49	7	(	(	PUNCT
fsr-3239	49	8	1993	1993	NUM
fsr-3239	49	9	)	)	PUNCT
fsr-3239	49	10	found	find	VERB
fsr-3239	49	11	momentum	momentum	NOUN
fsr-3239	49	12	in	in	ADP
fsr-3239	49	13	short	short	ADJ
fsr-3239	49	14	horizon	horizon	NOUN
fsr-3239	49	15	data	datum	NOUN
fsr-3239	49	16	for	for	ADP
fsr-3239	49	17	individual	individual	ADJ
fsr-3239	49	18	transactions	transaction	NOUN
fsr-3239	49	19	of	of	ADP
fsr-3239	49	20	stocks	stock	NOUN
fsr-3239	49	21	but	but	CCONJ
fsr-3239	49	22	the	the	DET
fsr-3239	49	23	trading	trading	NOUN
fsr-3239	49	24	turnover	turnover	NOUN
fsr-3239	49	25	was	be	AUX
fsr-3239	49	26	likely	likely	ADJ
fsr-3239	49	27	to	to	PART
fsr-3239	49	28	be	be	AUX
fsr-3239	49	29	too	too	ADV
fsr-3239	49	30	high	high	ADJ
fsr-3239	49	31	to	to	PART
fsr-3239	49	32	earn	earn	VERB
fsr-3239	49	33	excess	excess	ADJ
fsr-3239	49	34	returns	return	NOUN
fsr-3239	49	35	.	.	PUNCT
fsr-3239	50	1	jegadeesh	jegadeesh	NOUN
fsr-3239	50	2	(	(	PUNCT
fsr-3239	50	3	1990	1990	NUM
fsr-3239	50	4	)	)	PUNCT
fsr-3239	50	5	constructed	construct	VERB
fsr-3239	50	6	portfolios	portfolio	NOUN
fsr-3239	50	7	from	from	ADP
fsr-3239	50	8	one	one	NUM
fsr-3239	50	9	-	-	PUNCT
fsr-3239	50	10	step	step	NOUN
fsr-3239	50	11	-	-	PUNCT
fsr-3239	50	12	ahead	ahead	NOUN
fsr-3239	50	13	forecasts	forecast	NOUN
fsr-3239	50	14	using	use	VERB
fsr-3239	50	15	a	a	DET
fsr-3239	50	16	serial	serial	ADJ
fsr-3239	50	17	correlation	correlation	NOUN
fsr-3239	50	18	model	model	NOUN
fsr-3239	50	19	and	and	CCONJ
fsr-3239	50	20	found	find	VERB
fsr-3239	50	21	a	a	DET
fsr-3239	50	22	difference	difference	NOUN
fsr-3239	50	23	in	in	ADP
fsr-3239	50	24	abnormal	abnormal	ADJ
fsr-3239	50	25	returns	return	NOUN
fsr-3239	50	26	of	of	ADP
fsr-3239	50	27	2.49	2.49	NUM
fsr-3239	50	28	%	%	NOUN
fsr-3239	50	29	between	between	ADP
fsr-3239	50	30	the	the	DET
fsr-3239	50	31	top	top	ADJ
fsr-3239	50	32	and	and	CCONJ
fsr-3239	50	33	bottom	bottom	ADJ
fsr-3239	50	34	portfolios	portfolio	NOUN
fsr-3239	50	35	.	.	PUNCT
fsr-3239	51	1	campbell	campbell	PROPN
fsr-3239	51	2	,	,	PUNCT
fsr-3239	51	3	lo	lo	PROPN
fsr-3239	51	4	,	,	PUNCT
fsr-3239	51	5	and	and	CCONJ
fsr-3239	51	6	mackinlay	mackinlay	NOUN
fsr-3239	51	7	(	(	PUNCT
fsr-3239	51	8	1997	1997	NUM
fsr-3239	51	9	)	)	PUNCT
fsr-3239	51	10	found	find	VERB
fsr-3239	51	11	momentum	momentum	NOUN
fsr-3239	51	12	in	in	ADP
fsr-3239	51	13	short	short	ADJ
fsr-3239	51	14	run	run	NOUN
fsr-3239	51	15	holding	hold	VERB
fsr-3239	51	16	periods	period	NOUN
fsr-3239	51	17	but	but	CCONJ
fsr-3239	51	18	only	only	ADV
fsr-3239	51	19	about	about	ADV
fsr-3239	51	20	12	12	NUM
fsr-3239	51	21	%	%	NOUN
fsr-3239	51	22	of	of	ADP
fsr-3239	51	23	the	the	DET
fsr-3239	51	24	daily	daily	ADJ
fsr-3239	51	25	price	price	NOUN
fsr-3239	51	26	movement	movement	NOUN
fsr-3239	51	27	could	could	AUX
fsr-3239	51	28	be	be	AUX
fsr-3239	51	29	linked	link	VERB
fsr-3239	51	30	to	to	ADP
fsr-3239	51	31	the	the	DET
fsr-3239	51	32	prior	prior	ADJ
fsr-3239	51	33	day	day	NOUN
fsr-3239	51	34	return	return	NOUN
fsr-3239	51	35	.	.	PUNCT
fsr-3239	52	1	overall	overall	ADJ
fsr-3239	52	2	,	,	PUNCT
fsr-3239	52	3	momentum	momentum	NOUN
fsr-3239	52	4	in	in	ADP
fsr-3239	52	5	stock	stock	NOUN
fsr-3239	52	6	returns	return	NOUN
fsr-3239	52	7	tends	tend	VERB
fsr-3239	52	8	to	to	PART
fsr-3239	52	9	be	be	AUX
fsr-3239	52	10	found	find	VERB
fsr-3239	52	11	in	in	ADP
fsr-3239	52	12	short	short	ADJ
fsr-3239	52	13	run	run	NOUN
fsr-3239	52	14	holding	hold	VERB
fsr-3239	52	15	periods	period	NOUN
fsr-3239	52	16	but	but	CCONJ
fsr-3239	52	17	the	the	DET
fsr-3239	52	18	potential	potential	ADJ
fsr-3239	52	19	improvement	improvement	NOUN
fsr-3239	52	20	in	in	ADP
fsr-3239	52	21	returns	return	NOUN
fsr-3239	52	22	from	from	ADP
fsr-3239	52	23	trading	trading	NOUN
fsr-3239	52	24	may	may	AUX
fsr-3239	52	25	be	be	AUX
fsr-3239	52	26	too	too	ADV
fsr-3239	52	27	small	small	ADJ
fsr-3239	52	28	to	to	PART
fsr-3239	52	29	exploit	exploit	VERB
fsr-3239	52	30	.	.	PUNCT
fsr-3239	53	1	jegadeesh	jegadeesh	NOUN
fsr-3239	53	2	and	and	CCONJ
fsr-3239	53	3	titman	titman	NOUN
fsr-3239	53	4	(	(	PUNCT
fsr-3239	53	5	1993	1993	NUM
fsr-3239	53	6	)	)	PUNCT
fsr-3239	53	7	discovered	discover	VERB
fsr-3239	53	8	momentum	momentum	NOUN
fsr-3239	53	9	in	in	ADP
fsr-3239	53	10	stock	stock	NOUN
fsr-3239	53	11	returns	return	NOUN
fsr-3239	53	12	for	for	ADP
fsr-3239	53	13	holding	hold	VERB
fsr-3239	53	14	periods	period	NOUN
fsr-3239	53	15	longer	long	ADV
fsr-3239	53	16	than	than	ADP
fsr-3239	53	17	days	day	NOUN
fsr-3239	53	18	or	or	CCONJ
fsr-3239	53	19	weeks	week	NOUN
fsr-3239	53	20	.	.	PUNCT
fsr-3239	54	1	they	they	PRON
fsr-3239	54	2	demonstrated	demonstrate	VERB
fsr-3239	54	3	that	that	SCONJ
fsr-3239	54	4	simple	simple	ADJ
fsr-3239	54	5	strategies	strategy	NOUN
fsr-3239	54	6	based	base	VERB
fsr-3239	54	7	on	on	ADP
fsr-3239	54	8	stocks	stock	NOUN
fsr-3239	54	9	ranked	rank	VERB
fsr-3239	54	10	by	by	ADP
fsr-3239	54	11	cumulative	cumulative	ADJ
fsr-3239	54	12	returns	return	NOUN
fsr-3239	54	13	over	over	ADP
fsr-3239	54	14	the	the	DET
fsr-3239	54	15	past	past	ADJ
fsr-3239	54	16	3	3	NUM
fsr-3239	54	17	to	to	PART
fsr-3239	54	18	12	12	NUM
fsr-3239	54	19	months	month	NOUN
fsr-3239	54	20	predicted	predict	VERB
fsr-3239	54	21	relative	relative	ADJ
fsr-3239	54	22	performance	performance	NOUN
fsr-3239	54	23	over	over	ADP
fsr-3239	54	24	the	the	DET
fsr-3239	54	25	next	next	ADJ
fsr-3239	54	26	3	3	NUM
fsr-3239	54	27	to	to	PART
fsr-3239	54	28	12	12	NUM
fsr-3239	54	29	months	month	NOUN
fsr-3239	54	30	.	.	PUNCT
fsr-3239	55	1	they	they	PRON
fsr-3239	55	2	also	also	ADV
fsr-3239	55	3	showed	show	VERB
fsr-3239	55	4	that	that	SCONJ
fsr-3239	55	5	their	their	PRON
fsr-3239	55	6	results	result	NOUN
fsr-3239	55	7	could	could	AUX
fsr-3239	55	8	not	not	PART
fsr-3239	55	9	be	be	AUX
fsr-3239	55	10	explained	explain	VERB
fsr-3239	55	11	by	by	ADP
fsr-3239	55	12	risk	risk	NOUN
fsr-3239	55	13	factors	factor	NOUN
fsr-3239	55	14	.	.	PUNCT
fsr-3239	56	1	jegadeesh	jegadeesh	NOUN
fsr-3239	56	2	and	and	CCONJ
fsr-3239	56	3	titman	titman	NOUN
fsr-3239	56	4	broke	break	VERB
fsr-3239	56	5	ranks	rank	NOUN
fsr-3239	56	6	with	with	ADP
fsr-3239	56	7	prior	prior	ADJ
fsr-3239	56	8	researchers	researcher	NOUN
fsr-3239	56	9	at	at	ADP
fsr-3239	56	10	the	the	DET
fsr-3239	56	11	time	time	NOUN
fsr-3239	56	12	by	by	ADP
fsr-3239	56	13	suggesting	suggest	VERB
fsr-3239	56	14	that	that	SCONJ
fsr-3239	56	15	weak	weak	ADJ
fsr-3239	56	16	-	-	PUNCT
fsr-3239	56	17	form	form	NOUN
fsr-3239	56	18	imperfections	imperfection	NOUN
fsr-3239	56	19	were	be	AUX
fsr-3239	56	20	large	large	ADJ
fsr-3239	56	21	enough	enough	ADV
fsr-3239	56	22	to	to	PART
fsr-3239	56	23	derive	derive	VERB
fsr-3239	56	24	excess	excess	ADJ
fsr-3239	56	25	returns	return	NOUN
fsr-3239	56	26	.	.	PUNCT
fsr-3239	57	1	in	in	ADP
fsr-3239	57	2	a	a	DET
fsr-3239	57	3	follow	follow	NOUN
fsr-3239	57	4	up	up	ADP
fsr-3239	57	5	study	study	NOUN
fsr-3239	57	6	,	,	PUNCT
fsr-3239	57	7	jagadeesh	jagadeesh	NOUN
fsr-3239	57	8	and	and	CCONJ
fsr-3239	57	9	titman	titman	NOUN
fsr-3239	57	10	(	(	PUNCT
fsr-3239	57	11	2001	2001	NUM
fsr-3239	57	12	)	)	PUNCT
fsr-3239	57	13	used	use	VERB
fsr-3239	57	14	out	out	ADP
fsr-3239	57	15	-	-	PUNCT
fsr-3239	57	16	of	of	ADP
fsr-3239	57	17	-	-	PUNCT
fsr-3239	57	18	sample	sample	NOUN
fsr-3239	57	19	data	datum	NOUN
fsr-3239	57	20	to	to	PART
fsr-3239	57	21	show	show	VERB
fsr-3239	57	22	that	that	SCONJ
fsr-3239	57	23	their	their	PRON
fsr-3239	57	24	findings	finding	NOUN
fsr-3239	57	25	continued	continue	VERB
fsr-3239	57	26	to	to	PART
fsr-3239	57	27	hold	hold	VERB
fsr-3239	57	28	in	in	ADP
fsr-3239	57	29	the	the	DET
fsr-3239	57	30	decade	decade	NOUN
fsr-3239	57	31	after	after	ADP
fsr-3239	57	32	their	their	PRON
fsr-3239	57	33	original	original	ADJ
fsr-3239	57	34	study	study	NOUN
fsr-3239	57	35	.	.	PUNCT
fsr-3239	58	1	for	for	ADP
fsr-3239	58	2	long	long	ADJ
fsr-3239	58	3	holding	holding	NOUN
fsr-3239	58	4	period	period	NOUN
fsr-3239	58	5	returns	return	NOUN
fsr-3239	58	6	,	,	PUNCT
fsr-3239	58	7	debondt	debondt	NOUN
fsr-3239	58	8	and	and	CCONJ
fsr-3239	58	9	thaler	thaler	PROPN
fsr-3239	58	10	(	(	PUNCT
fsr-3239	58	11	1985	1985	NUM
fsr-3239	58	12	,	,	PUNCT
fsr-3239	58	13	1987	1987	NUM
fsr-3239	58	14	)	)	PUNCT
fsr-3239	58	15	demonstrated	demonstrate	VERB
fsr-3239	58	16	mean	mean	ADJ
fsr-3239	58	17	reversion	reversion	NOUN
fsr-3239	58	18	where	where	SCONJ
fsr-3239	58	19	winners	winner	NOUN
fsr-3239	58	20	became	become	VERB
fsr-3239	58	21	losers	loser	NOUN
fsr-3239	58	22	,	,	PUNCT
fsr-3239	58	23	suggesting	suggest	VERB
fsr-3239	58	24	inefficiencies	inefficiency	NOUN
fsr-3239	58	25	from	from	ADP
fsr-3239	58	26	overreaction	overreaction	NOUN
fsr-3239	58	27	.	.	PUNCT
fsr-3239	59	1	shiller	shiller	PROPN
fsr-3239	59	2	(	(	PUNCT
fsr-3239	59	3	1981	1981	NUM
fsr-3239	59	4	)	)	PUNCT
fsr-3239	59	5	supported	support	VERB
fsr-3239	59	6	the	the	DET
fsr-3239	59	7	overreaction	overreaction	NOUN
fsr-3239	59	8	hypothesis	hypothesis	NOUN
fsr-3239	59	9	by	by	ADP
fsr-3239	59	10	finding	find	VERB
fsr-3239	59	11	excess	excess	ADJ
fsr-3239	59	12	volatility	volatility	NOUN
fsr-3239	59	13	beyond	beyond	ADP
fsr-3239	59	14	what	what	PRON
fsr-3239	59	15	could	could	AUX
fsr-3239	59	16	be	be	AUX
fsr-3239	59	17	explained	explain	VERB
fsr-3239	59	18	by	by	ADP
fsr-3239	59	19	material	material	NOUN
fsr-3239	59	20	stock	stock	NOUN
fsr-3239	59	21	information	information	NOUN
fsr-3239	59	22	.	.	PUNCT
fsr-3239	60	1	both	both	PRON
fsr-3239	60	2	metrick	metrick	ADJ
fsr-3239	60	3	(	(	PUNCT
fsr-3239	60	4	1999	1999	NUM
fsr-3239	60	5	)	)	PUNCT
fsr-3239	60	6	and	and	CCONJ
fsr-3239	60	7	hirchleifer	hirchleifer	NOUN
fsr-3239	60	8	(	(	PUNCT
fsr-3239	60	9	2001	2001	NUM
fsr-3239	60	10	)	)	PUNCT
fsr-3239	60	11	159d.s	159d.s	X
fsr-3239	60	12	.	.	PUNCT
fsr-3239	61	1	north	north	PROPN
fsr-3239	61	2	,	,	PUNCT
fsr-3239	61	3	j.l	j.l	PROPN
fsr-3239	61	4	.	.	PROPN
fsr-3239	61	5	stevens	stevens	PROPN
fsr-3239	61	6	/	/	SYM
fsr-3239	61	7	financial	financial	ADJ
fsr-3239	61	8	services	service	NOUN
fsr-3239	61	9	review	review	VERB
fsr-3239	61	10	24	24	NUM
fsr-3239	61	11	(	(	PUNCT
fsr-3239	61	12	2015	2015	NUM
fsr-3239	61	13	)	)	PUNCT
fsr-3239	62	1	157–176	157–176	NUM
fsr-3239	62	2	recognized	recognize	VERB
fsr-3239	62	3	that	that	SCONJ
fsr-3239	62	4	tension	tension	NOUN
fsr-3239	62	5	between	between	ADP
fsr-3239	62	6	rational	rational	ADJ
fsr-3239	62	7	(	(	PUNCT
fsr-3239	62	8	well	well	ADV
fsr-3239	62	9	informed	inform	VERB
fsr-3239	62	10	)	)	PUNCT
fsr-3239	62	11	and	and	CCONJ
fsr-3239	62	12	irrational	irrational	ADJ
fsr-3239	62	13	(	(	PUNCT
fsr-3239	62	14	uninformed	uninformed	ADJ
fsr-3239	62	15	)	)	PUNCT
fsr-3239	62	16	money	money	NOUN
fsr-3239	62	17	movements	movement	NOUN
fsr-3239	62	18	result	result	VERB
fsr-3239	62	19	in	in	ADP
fsr-3239	62	20	long	long	ADJ
fsr-3239	62	21	periods	period	NOUN
fsr-3239	62	22	before	before	SCONJ
fsr-3239	62	23	full	full	ADJ
fsr-3239	62	24	information	information	NOUN
fsr-3239	62	25	“	"	PUNCT
fsr-3239	62	26	efficient	efficient	ADJ
fsr-3239	62	27	”	"	PUNCT
fsr-3239	62	28	prices	price	NOUN
fsr-3239	62	29	are	be	AUX
fsr-3239	62	30	in	in	ADP
fsr-3239	62	31	equilibrium	equilibrium	NOUN
fsr-3239	62	32	,	,	PUNCT
fsr-3239	62	33	potentially	potentially	ADV
fsr-3239	62	34	allowing	allow	VERB
fsr-3239	62	35	excess	excess	ADJ
fsr-3239	62	36	returns	return	NOUN
fsr-3239	62	37	from	from	ADP
fsr-3239	62	38	trading	trade	VERB
fsr-3239	62	39	counter	counter	NOUN
fsr-3239	62	40	to	to	ADP
fsr-3239	62	41	the	the	DET
fsr-3239	62	42	market	market	NOUN
fsr-3239	62	43	.	.	PUNCT
fsr-3239	63	1	alternative	alternative	ADJ
fsr-3239	63	2	tests	test	NOUN
fsr-3239	63	3	of	of	ADP
fsr-3239	63	4	weak	weak	ADJ
fsr-3239	63	5	-	-	PUNCT
fsr-3239	63	6	form	form	NOUN
fsr-3239	63	7	efficiency	efficiency	NOUN
fsr-3239	63	8	used	use	VERB
fsr-3239	63	9	mechanical	mechanical	ADJ
fsr-3239	63	10	filter	filter	NOUN
fsr-3239	63	11	rules	rule	NOUN
fsr-3239	63	12	based	base	VERB
fsr-3239	63	13	on	on	ADP
fsr-3239	63	14	past	past	ADJ
fsr-3239	63	15	data	datum	NOUN
fsr-3239	63	16	to	to	PART
fsr-3239	63	17	construct	construct	VERB
fsr-3239	63	18	portfolios	portfolio	NOUN
fsr-3239	63	19	.	.	PUNCT
fsr-3239	64	1	pinches	pinche	NOUN
fsr-3239	64	2	(	(	PUNCT
fsr-3239	64	3	1970	1970	NUM
fsr-3239	64	4	)	)	PUNCT
fsr-3239	64	5	found	find	VERB
fsr-3239	64	6	that	that	SCONJ
fsr-3239	64	7	portfolios	portfolio	NOUN
fsr-3239	64	8	built	build	VERB
fsr-3239	64	9	on	on	ADP
fsr-3239	64	10	past	past	ADJ
fsr-3239	64	11	data	data	NOUN
fsr-3239	64	12	patterns	pattern	NOUN
fsr-3239	64	13	do	do	AUX
fsr-3239	64	14	not	not	PART
fsr-3239	64	15	outperform	outperform	VERB
fsr-3239	64	16	buy	buy	VERB
fsr-3239	64	17	-	-	PUNCT
fsr-3239	64	18	and	and	CCONJ
fsr-3239	64	19	-	-	PUNCT
fsr-3239	64	20	hold	hold	VERB
fsr-3239	64	21	portfolios	portfolio	NOUN
fsr-3239	64	22	.	.	PUNCT
fsr-3239	65	1	on	on	ADP
fsr-3239	65	2	the	the	DET
fsr-3239	65	3	other	other	ADJ
fsr-3239	65	4	hand	hand	NOUN
fsr-3239	65	5	,	,	PUNCT
fsr-3239	65	6	brush	brush	NOUN
fsr-3239	65	7	(	(	PUNCT
fsr-3239	65	8	1986	1986	NUM
fsr-3239	65	9	)	)	PUNCT
fsr-3239	65	10	found	find	VERB
fsr-3239	65	11	abnormal	abnormal	ADJ
fsr-3239	65	12	returns	return	NOUN
fsr-3239	65	13	with	with	ADP
fsr-3239	65	14	rules	rule	NOUN
fsr-3239	65	15	from	from	ADP
fsr-3239	65	16	combinations	combination	NOUN
fsr-3239	65	17	of	of	ADP
fsr-3239	65	18	past	past	ADJ
fsr-3239	65	19	data	datum	NOUN
fsr-3239	65	20	and	and	CCONJ
fsr-3239	65	21	pruitt	pruitt	PROPN
fsr-3239	65	22	and	and	CCONJ
fsr-3239	65	23	white	white	ADJ
fsr-3239	65	24	(	(	PUNCT
fsr-3239	65	25	1988	1988	NUM
fsr-3239	65	26	)	)	PUNCT
fsr-3239	65	27	found	find	VERB
fsr-3239	65	28	excess	excess	ADJ
fsr-3239	65	29	returns	return	NOUN
fsr-3239	65	30	for	for	ADP
fsr-3239	65	31	rules	rule	NOUN
fsr-3239	65	32	based	base	VERB
fsr-3239	65	33	on	on	ADP
fsr-3239	65	34	past	past	ADJ
fsr-3239	65	35	data	datum	NOUN
fsr-3239	65	36	adjusted	adjust	VERB
fsr-3239	65	37	for	for	ADP
fsr-3239	65	38	january	january	PROPN
fsr-3239	65	39	effects	effect	NOUN
fsr-3239	65	40	.	.	PUNCT
fsr-3239	66	1	bessembinder	bessembinder	PROPN
fsr-3239	66	2	and	and	CCONJ
fsr-3239	66	3	chan	chan	PROPN
fsr-3239	66	4	(	(	PUNCT
fsr-3239	66	5	1998	1998	NUM
fsr-3239	66	6	)	)	PUNCT
fsr-3239	66	7	used	use	VERB
fsr-3239	66	8	trading	trading	NOUN
fsr-3239	66	9	rules	rule	NOUN
fsr-3239	66	10	based	base	VERB
fsr-3239	66	11	on	on	ADP
fsr-3239	66	12	past	past	ADJ
fsr-3239	66	13	price	price	NOUN
fsr-3239	66	14	movements	movement	NOUN
fsr-3239	66	15	and	and	CCONJ
fsr-3239	66	16	found	find	VERB
fsr-3239	66	17	that	that	SCONJ
fsr-3239	66	18	active	active	ADJ
fsr-3239	66	19	trading	trading	NOUN
fsr-3239	66	20	did	do	AUX
fsr-3239	66	21	not	not	PART
fsr-3239	66	22	beat	beat	VERB
fsr-3239	66	23	passive	passive	ADJ
fsr-3239	66	24	investing	investing	NOUN
fsr-3239	66	25	when	when	SCONJ
fsr-3239	66	26	cost	cost	NOUN
fsr-3239	66	27	of	of	ADP
fsr-3239	66	28	active	active	ADJ
fsr-3239	66	29	trading	trading	NOUN
fsr-3239	66	30	were	be	AUX
fsr-3239	66	31	considered	consider	VERB
fsr-3239	66	32	.	.	PUNCT
fsr-3239	67	1	overall	overall	ADV
fsr-3239	67	2	,	,	PUNCT
fsr-3239	67	3	the	the	DET
fsr-3239	67	4	investment	investment	NOUN
fsr-3239	67	5	potential	potential	NOUN
fsr-3239	67	6	from	from	ADP
fsr-3239	67	7	screens	screen	NOUN
fsr-3239	67	8	based	base	VERB
fsr-3239	67	9	on	on	ADP
fsr-3239	67	10	historical	historical	ADJ
fsr-3239	67	11	data	datum	NOUN
fsr-3239	67	12	are	be	AUX
fsr-3239	67	13	not	not	PART
fsr-3239	67	14	clearly	clearly	ADV
fsr-3239	67	15	proven	prove	VERB
fsr-3239	67	16	or	or	CCONJ
fsr-3239	67	17	disproven	disproven	ADJ
fsr-3239	67	18	.	.	PUNCT
fsr-3239	68	1	frequency	frequency	NOUN
fsr-3239	68	2	of	of	ADP
fsr-3239	68	3	trading	trading	NOUN
fsr-3239	68	4	and	and	CCONJ
fsr-3239	68	5	trading	trading	NOUN
fsr-3239	68	6	costs	cost	NOUN
fsr-3239	68	7	play	play	VERB
fsr-3239	68	8	a	a	DET
fsr-3239	68	9	large	large	ADJ
fsr-3239	68	10	role	role	NOUN
fsr-3239	68	11	in	in	ADP
fsr-3239	68	12	the	the	DET
fsr-3239	68	13	performance	performance	NOUN
fsr-3239	68	14	of	of	ADP
fsr-3239	68	15	these	these	DET
fsr-3239	68	16	portfolios	portfolio	NOUN
fsr-3239	68	17	.	.	PUNCT
fsr-3239	69	1	tests	test	NOUN
fsr-3239	69	2	of	of	ADP
fsr-3239	69	3	the	the	DET
fsr-3239	69	4	semi	semi	ADJ
fsr-3239	69	5	-	-	ADJ
fsr-3239	69	6	strong	strong	ADJ
fsr-3239	69	7	version	version	NOUN
fsr-3239	69	8	of	of	ADP
fsr-3239	69	9	the	the	DET
fsr-3239	69	10	emh	emh	PROPN
fsr-3239	69	11	are	be	AUX
fsr-3239	69	12	based	base	VERB
fsr-3239	69	13	on	on	ADP
fsr-3239	69	14	performance	performance	NOUN
fsr-3239	69	15	of	of	ADP
fsr-3239	69	16	portfolios	portfolio	NOUN
fsr-3239	69	17	constructed	construct	VERB
fsr-3239	69	18	from	from	ADP
fsr-3239	69	19	public	public	ADJ
fsr-3239	69	20	information	information	NOUN
fsr-3239	69	21	about	about	ADP
fsr-3239	69	22	stocks	stock	NOUN
fsr-3239	69	23	.	.	PUNCT
fsr-3239	70	1	in	in	ADP
fsr-3239	70	2	an	an	DET
fsr-3239	70	3	efficient	efficient	ADJ
fsr-3239	70	4	market	market	NOUN
fsr-3239	70	5	,	,	PUNCT
fsr-3239	70	6	new	new	ADJ
fsr-3239	70	7	information	information	NOUN
fsr-3239	70	8	should	should	AUX
fsr-3239	70	9	be	be	AUX
fsr-3239	70	10	priced	price	VERB
fsr-3239	70	11	rapidly	rapidly	ADV
fsr-3239	70	12	and	and	CCONJ
fsr-3239	70	13	there	there	PRON
fsr-3239	70	14	should	should	AUX
fsr-3239	70	15	be	be	AUX
fsr-3239	70	16	no	no	DET
fsr-3239	70	17	excess	excess	ADJ
fsr-3239	70	18	return	return	NOUN
fsr-3239	70	19	.	.	PUNCT
fsr-3239	71	1	ball	ball	NOUN
fsr-3239	71	2	and	and	CCONJ
fsr-3239	71	3	brown	brown	ADJ
fsr-3239	71	4	(	(	PUNCT
fsr-3239	71	5	1968	1968	NUM
fsr-3239	71	6	)	)	PUNCT
fsr-3239	71	7	and	and	CCONJ
fsr-3239	71	8	brennan	brennan	PROPN
fsr-3239	71	9	(	(	PUNCT
fsr-3239	71	10	1995	1995	NUM
fsr-3239	71	11	)	)	PUNCT
fsr-3239	71	12	demonstrated	demonstrate	VERB
fsr-3239	71	13	that	that	SCONJ
fsr-3239	71	14	the	the	DET
fsr-3239	71	15	market	market	NOUN
fsr-3239	71	16	prices	price	VERB
fsr-3239	71	17	new	new	ADJ
fsr-3239	71	18	accounting	accounting	NOUN
fsr-3239	71	19	information	information	NOUN
fsr-3239	71	20	efficiently	efficiently	ADV
fsr-3239	71	21	if	if	SCONJ
fsr-3239	71	22	the	the	DET
fsr-3239	71	23	information	information	NOUN
fsr-3239	71	24	has	have	VERB
fsr-3239	71	25	a	a	DET
fsr-3239	71	26	real	real	ADJ
fsr-3239	71	27	impact	impact	NOUN
fsr-3239	71	28	on	on	ADP
fsr-3239	71	29	the	the	DET
fsr-3239	71	30	stock	stock	NOUN
fsr-3239	71	31	price	price	NOUN
fsr-3239	71	32	.	.	PUNCT
fsr-3239	72	1	other	other	ADJ
fsr-3239	72	2	findings	finding	NOUN
fsr-3239	72	3	of	of	ADP
fsr-3239	72	4	efficient	efficient	ADJ
fsr-3239	72	5	pricing	pricing	NOUN
fsr-3239	72	6	in	in	ADP
fsr-3239	72	7	event	event	NOUN
fsr-3239	72	8	studies	study	NOUN
fsr-3239	72	9	occur	occur	VERB
fsr-3239	72	10	in	in	ADP
fsr-3239	72	11	fama	fama	PROPN
fsr-3239	72	12	,	,	PUNCT
fsr-3239	72	13	fisher	fisher	PROPN
fsr-3239	72	14	,	,	PUNCT
fsr-3239	72	15	jensen	jensen	PROPN
fsr-3239	72	16	,	,	PUNCT
fsr-3239	72	17	and	and	CCONJ
fsr-3239	72	18	roll	roll	NOUN
fsr-3239	72	19	(	(	PUNCT
fsr-3239	72	20	1969	1969	NUM
fsr-3239	72	21	)	)	PUNCT
fsr-3239	72	22	for	for	ADP
fsr-3239	72	23	stock	stock	NOUN
fsr-3239	72	24	splits	split	NOUN
fsr-3239	72	25	,	,	PUNCT
fsr-3239	72	26	jensen	jensen	PROPN
fsr-3239	72	27	and	and	CCONJ
fsr-3239	72	28	ruback	ruback	PROPN
fsr-3239	72	29	(	(	PUNCT
fsr-3239	72	30	1983	1983	NUM
fsr-3239	72	31	)	)	PUNCT
fsr-3239	72	32	for	for	ADP
fsr-3239	72	33	takeover	takeover	NOUN
fsr-3239	72	34	information	information	NOUN
fsr-3239	72	35	,	,	PUNCT
fsr-3239	72	36	mcconnell	mcconnell	PROPN
fsr-3239	72	37	and	and	CCONJ
fsr-3239	72	38	muscarella	muscarella	PROPN
fsr-3239	72	39	(	(	PUNCT
fsr-3239	72	40	1985	1985	NUM
fsr-3239	72	41	)	)	PUNCT
fsr-3239	72	42	for	for	ADP
fsr-3239	72	43	capital	capital	NOUN
fsr-3239	72	44	expenditure	expenditure	NOUN
fsr-3239	72	45	information	information	NOUN
fsr-3239	72	46	,	,	PUNCT
fsr-3239	72	47	pierce	pierce	PROPN
fsr-3239	72	48	and	and	CCONJ
fsr-3239	72	49	roley	roley	PROPN
fsr-3239	72	50	(	(	PUNCT
fsr-3239	72	51	1985	1985	NUM
fsr-3239	72	52	)	)	PUNCT
fsr-3239	72	53	for	for	ADP
fsr-3239	72	54	stock	stock	NOUN
fsr-3239	72	55	market	market	NOUN
fsr-3239	72	56	reaction	reaction	NOUN
fsr-3239	72	57	to	to	ADP
fsr-3239	72	58	macroeconomic	macroeconomic	ADJ
fsr-3239	72	59	data	datum	NOUN
fsr-3239	72	60	announcements	announcement	NOUN
fsr-3239	72	61	,	,	PUNCT
fsr-3239	72	62	and	and	CCONJ
fsr-3239	72	63	klein	klein	PROPN
fsr-3239	72	64	(	(	PUNCT
fsr-3239	72	65	1986	1986	NUM
fsr-3239	72	66	)	)	PUNCT
fsr-3239	72	67	for	for	ADP
fsr-3239	72	68	divestiture	divestiture	NOUN
fsr-3239	72	69	information	information	NOUN
fsr-3239	72	70	.	.	PUNCT
fsr-3239	73	1	in	in	ADP
fsr-3239	73	2	contrast	contrast	NOUN
fsr-3239	73	3	,	,	PUNCT
fsr-3239	73	4	ball	ball	NOUN
fsr-3239	73	5	and	and	CCONJ
fsr-3239	73	6	brown	brown	ADJ
fsr-3239	73	7	(	(	PUNCT
fsr-3239	73	8	1968	1968	NUM
fsr-3239	73	9	)	)	PUNCT
fsr-3239	73	10	found	find	VERB
fsr-3239	73	11	that	that	SCONJ
fsr-3239	73	12	earnings	earning	NOUN
fsr-3239	73	13	announcement	announcement	NOUN
fsr-3239	73	14	information	information	NOUN
fsr-3239	73	15	was	be	AUX
fsr-3239	73	16	not	not	PART
fsr-3239	73	17	priced	price	VERB
fsr-3239	73	18	efficiently	efficiently	ADV
fsr-3239	73	19	.	.	PUNCT
fsr-3239	74	1	both	both	PRON
fsr-3239	74	2	pre	pre	VERB
fsr-3239	74	3	and	and	CCONJ
fsr-3239	74	4	post	post	ADJ
fsr-3239	74	5	announcement	announcement	NOUN
fsr-3239	74	6	drifts	drift	NOUN
fsr-3239	74	7	occurred	occur	VERB
fsr-3239	74	8	for	for	ADP
fsr-3239	74	9	earnings	earning	NOUN
fsr-3239	74	10	surprises	surprise	NOUN
fsr-3239	74	11	.	.	PUNCT
fsr-3239	75	1	ball	ball	NOUN
fsr-3239	75	2	(	(	PUNCT
fsr-3239	75	3	1978	1978	NUM
fsr-3239	75	4	)	)	PUNCT
fsr-3239	75	5	attributed	attribute	VERB
fsr-3239	75	6	this	this	DET
fsr-3239	75	7	drift	drift	NOUN
fsr-3239	75	8	to	to	ADP
fsr-3239	75	9	problems	problem	NOUN
fsr-3239	75	10	in	in	ADP
fsr-3239	75	11	measuring	measure	VERB
fsr-3239	75	12	abnormal	abnormal	ADJ
fsr-3239	75	13	returns	return	NOUN
fsr-3239	75	14	but	but	CCONJ
fsr-3239	75	15	rendleman	rendleman	NOUN
fsr-3239	75	16	,	,	PUNCT
fsr-3239	75	17	jones	jones	PROPN
fsr-3239	75	18	,	,	PUNCT
fsr-3239	75	19	and	and	CCONJ
fsr-3239	75	20	latane	latane	NOUN
fsr-3239	75	21	(	(	PUNCT
fsr-3239	75	22	1982	1982	NUM
fsr-3239	75	23	)	)	PUNCT
fsr-3239	75	24	conclude	conclude	VERB
fsr-3239	75	25	that	that	SCONJ
fsr-3239	75	26	the	the	DET
fsr-3239	75	27	price	price	NOUN
fsr-3239	75	28	drift	drift	NOUN
fsr-3239	75	29	is	be	AUX
fsr-3239	75	30	because	because	SCONJ
fsr-3239	75	31	of	of	ADP
fsr-3239	75	32	behavioral	behavioral	ADJ
fsr-3239	75	33	under	under	NOUN
fsr-3239	75	34	-	-	PUNCT
fsr-3239	75	35	reaction	reaction	NOUN
fsr-3239	75	36	to	to	ADP
fsr-3239	75	37	new	new	ADJ
fsr-3239	75	38	information	information	NOUN
fsr-3239	75	39	.	.	PUNCT
fsr-3239	76	1	exceptions	exception	NOUN
fsr-3239	76	2	to	to	ADP
fsr-3239	76	3	efficient	efficient	ADJ
fsr-3239	76	4	pricing	pricing	NOUN
fsr-3239	76	5	of	of	ADP
fsr-3239	76	6	public	public	ADJ
fsr-3239	76	7	information	information	NOUN
fsr-3239	76	8	can	can	AUX
fsr-3239	76	9	be	be	AUX
fsr-3239	76	10	found	find	VERB
fsr-3239	76	11	in	in	ADP
fsr-3239	76	12	a	a	DET
fsr-3239	76	13	long	long	ADJ
fsr-3239	76	14	list	list	NOUN
fsr-3239	76	15	of	of	ADP
fsr-3239	76	16	studies	study	NOUN
fsr-3239	76	17	.	.	PUNCT
fsr-3239	77	1	basu	basu	PROPN
fsr-3239	77	2	(	(	PUNCT
fsr-3239	77	3	1977	1977	NUM
fsr-3239	77	4	)	)	PUNCT
fsr-3239	77	5	found	find	VERB
fsr-3239	77	6	excess	excess	ADJ
fsr-3239	77	7	risk	risk	NOUN
fsr-3239	77	8	-	-	PUNCT
fsr-3239	77	9	adjusted	adjust	VERB
fsr-3239	77	10	returns	return	NOUN
fsr-3239	77	11	for	for	ADP
fsr-3239	77	12	portfolios	portfolio	NOUN
fsr-3239	77	13	of	of	ADP
fsr-3239	77	14	low	low	ADJ
fsr-3239	77	15	price	price	NOUN
fsr-3239	77	16	-	-	PUNCT
fsr-3239	77	17	to	to	ADP
fsr-3239	77	18	-	-	PUNCT
fsr-3239	77	19	earnings	earning	NOUN
fsr-3239	77	20	stocks	stock	NOUN
fsr-3239	77	21	.	.	PUNCT
fsr-3239	78	1	peavy	peavy	PROPN
fsr-3239	78	2	and	and	CCONJ
fsr-3239	78	3	goodman	goodman	PROPN
fsr-3239	78	4	(	(	PUNCT
fsr-3239	78	5	1983	1983	NUM
fsr-3239	78	6	)	)	PUNCT
fsr-3239	78	7	confirmed	confirm	VERB
fsr-3239	78	8	basu	basu	PROPN
fsr-3239	78	9	’s	’s	PART
fsr-3239	78	10	findings	finding	NOUN
fsr-3239	78	11	after	after	ADP
fsr-3239	78	12	controlling	control	VERB
fsr-3239	78	13	for	for	ADP
fsr-3239	78	14	size	size	NOUN
fsr-3239	78	15	,	,	PUNCT
fsr-3239	78	16	liquidity	liquidity	NOUN
fsr-3239	78	17	,	,	PUNCT
fsr-3239	78	18	and	and	CCONJ
fsr-3239	78	19	industry	industry	NOUN
fsr-3239	78	20	effects	effect	NOUN
fsr-3239	78	21	.	.	PUNCT
fsr-3239	79	1	campbell	campbell	PROPN
fsr-3239	79	2	and	and	CCONJ
fsr-3239	79	3	shiller	shiller	PROPN
fsr-3239	79	4	(	(	PUNCT
fsr-3239	79	5	1988	1988	NUM
fsr-3239	79	6	)	)	PUNCT
fsr-3239	79	7	found	find	VERB
fsr-3239	79	8	that	that	SCONJ
fsr-3239	79	9	low	low	ADJ
fsr-3239	79	10	price	price	NOUN
fsr-3239	79	11	-	-	PUNCT
fsr-3239	79	12	to	to	ADP
fsr-3239	79	13	-	-	PUNCT
fsr-3239	79	14	earnings	earning	NOUN
fsr-3239	79	15	ratios	ratio	NOUN
fsr-3239	79	16	can	can	AUX
fsr-3239	79	17	predict	predict	VERB
fsr-3239	79	18	future	future	ADJ
fsr-3239	79	19	abnormal	abnormal	ADJ
fsr-3239	79	20	returns	return	NOUN
fsr-3239	79	21	.	.	PUNCT
fsr-3239	80	1	dreman	dreman	NOUN
fsr-3239	80	2	and	and	CCONJ
fsr-3239	80	3	berry	berry	NOUN
fsr-3239	80	4	(	(	PUNCT
fsr-3239	80	5	1995	1995	NUM
fsr-3239	80	6	)	)	PUNCT
fsr-3239	80	7	demonstrated	demonstrate	VERB
fsr-3239	80	8	that	that	SCONJ
fsr-3239	80	9	excess	excess	ADJ
fsr-3239	80	10	returns	return	NOUN
fsr-3239	80	11	from	from	ADP
fsr-3239	80	12	low	low	ADJ
fsr-3239	80	13	price	price	NOUN
fsr-3239	80	14	-	-	PUNCT
fsr-3239	80	15	to	to	ADP
fsr-3239	80	16	-	-	PUNCT
fsr-3239	80	17	earnings	earning	NOUN
fsr-3239	80	18	stock	stock	NOUN
fsr-3239	80	19	portfolios	portfolio	NOUN
fsr-3239	80	20	were	be	AUX
fsr-3239	80	21	not	not	PART
fsr-3239	80	22	because	because	SCONJ
fsr-3239	80	23	of	of	ADP
fsr-3239	80	24	inadequate	inadequate	ADJ
fsr-3239	80	25	adjustment	adjustment	NOUN
fsr-3239	80	26	for	for	ADP
fsr-3239	80	27	risk	risk	NOUN
fsr-3239	80	28	.	.	PUNCT
fsr-3239	81	1	banz	banz	PROPN
fsr-3239	81	2	(	(	PUNCT
fsr-3239	81	3	1981	1981	NUM
fsr-3239	81	4	)	)	PUNCT
fsr-3239	81	5	demonstrated	demonstrate	VERB
fsr-3239	81	6	a	a	DET
fsr-3239	81	7	size	size	NOUN
fsr-3239	81	8	effect	effect	NOUN
fsr-3239	81	9	where	where	SCONJ
fsr-3239	81	10	small	small	ADJ
fsr-3239	81	11	stocks	stock	NOUN
fsr-3239	81	12	earned	earn	VERB
fsr-3239	81	13	excess	excess	ADJ
fsr-3239	81	14	returns	return	NOUN
fsr-3239	81	15	whereas	whereas	SCONJ
fsr-3239	81	16	arbel	arbel	NOUN
fsr-3239	81	17	and	and	CCONJ
fsr-3239	81	18	strebel	strebel	NOUN
fsr-3239	81	19	(	(	PUNCT
fsr-3239	81	20	1983	1983	NUM
fsr-3239	81	21	)	)	PUNCT
fsr-3239	81	22	reached	reach	VERB
fsr-3239	81	23	a	a	DET
fsr-3239	81	24	similar	similar	ADJ
fsr-3239	81	25	conclusion	conclusion	NOUN
fsr-3239	81	26	for	for	ADP
fsr-3239	81	27	firms	firm	NOUN
fsr-3239	81	28	receiving	receive	VERB
fsr-3239	81	29	less	less	ADJ
fsr-3239	81	30	research	research	NOUN
fsr-3239	81	31	attention	attention	NOUN
fsr-3239	81	32	.	.	PUNCT
fsr-3239	82	1	peters	peters	PROPN
fsr-3239	82	2	(	(	PUNCT
fsr-3239	82	3	1991	1991	NUM
fsr-3239	82	4	)	)	PUNCT
fsr-3239	82	5	looked	look	VERB
fsr-3239	82	6	at	at	ADP
fsr-3239	82	7	the	the	DET
fsr-3239	82	8	joint	joint	ADJ
fsr-3239	82	9	effect	effect	NOUN
fsr-3239	82	10	of	of	ADP
fsr-3239	82	11	low	low	ADJ
fsr-3239	82	12	price	price	NOUN
fsr-3239	82	13	-	-	PUNCT
fsr-3239	82	14	to	to	ADP
fsr-3239	82	15	-	-	PUNCT
fsr-3239	82	16	earnings	earning	NOUN
fsr-3239	82	17	and	and	CCONJ
fsr-3239	82	18	growth	growth	NOUN
fsr-3239	82	19	and	and	CCONJ
fsr-3239	82	20	found	find	VERB
fsr-3239	82	21	excess	excess	ADJ
fsr-3239	82	22	returns	return	NOUN
fsr-3239	82	23	for	for	ADP
fsr-3239	82	24	firms	firm	NOUN
fsr-3239	82	25	where	where	SCONJ
fsr-3239	82	26	the	the	DET
fsr-3239	82	27	peg	peg	NOUN
fsr-3239	82	28	(	(	PUNCT
fsr-3239	82	29	price	price	NOUN
fsr-3239	82	30	-	-	PUNCT
fsr-3239	82	31	to	to	ADP
fsr-3239	82	32	-	-	PUNCT
fsr-3239	82	33	earnings	earning	NOUN
fsr-3239	82	34	ratio	ratio	NOUN
fsr-3239	82	35	divided	divide	VERB
fsr-3239	82	36	by	by	ADP
fsr-3239	82	37	growth	growth	NOUN
fsr-3239	82	38	)	)	PUNCT
fsr-3239	82	39	was	be	AUX
fsr-3239	82	40	low	low	ADJ
fsr-3239	82	41	.	.	PUNCT
fsr-3239	83	1	rosenberg	rosenberg	PROPN
fsr-3239	83	2	,	,	PUNCT
fsr-3239	83	3	reid	reid	PROPN
fsr-3239	83	4	,	,	PUNCT
fsr-3239	83	5	and	and	CCONJ
fsr-3239	83	6	lanstein	lanstein	ADJ
fsr-3239	83	7	(	(	PUNCT
fsr-3239	83	8	1985	1985	NUM
fsr-3239	83	9	)	)	PUNCT
fsr-3239	83	10	found	find	VERB
fsr-3239	83	11	that	that	SCONJ
fsr-3239	83	12	low	low	ADJ
fsr-3239	83	13	market	market	NOUN
fsr-3239	83	14	to	to	ADP
fsr-3239	83	15	book	book	NOUN
fsr-3239	83	16	stocks	stock	NOUN
fsr-3239	83	17	tend	tend	VERB
fsr-3239	83	18	to	to	PART
fsr-3239	83	19	earn	earn	VERB
fsr-3239	83	20	excess	excess	ADJ
fsr-3239	83	21	rates	rate	NOUN
fsr-3239	83	22	of	of	ADP
fsr-3239	83	23	return	return	NOUN
fsr-3239	83	24	.	.	PUNCT
fsr-3239	84	1	fama	fama	PROPN
fsr-3239	84	2	and	and	CCONJ
fsr-3239	84	3	french	french	ADJ
fsr-3239	84	4	(	(	PUNCT
fsr-3239	84	5	1996	1996	NUM
fsr-3239	84	6	)	)	PUNCT
fsr-3239	84	7	confirm	confirm	VERB
fsr-3239	84	8	the	the	DET
fsr-3239	84	9	joint	joint	ADJ
fsr-3239	84	10	effects	effect	NOUN
fsr-3239	84	11	of	of	ADP
fsr-3239	84	12	market	market	NOUN
fsr-3239	84	13	risk	risk	NOUN
fsr-3239	84	14	,	,	PUNCT
fsr-3239	84	15	size	size	NOUN
fsr-3239	84	16	,	,	PUNCT
fsr-3239	84	17	price	price	NOUN
fsr-3239	84	18	-	-	PUNCT
fsr-3239	84	19	to	to	ADP
fsr-3239	84	20	-	-	PUNCT
fsr-3239	84	21	earnings	earning	NOUN
fsr-3239	84	22	,	,	PUNCT
fsr-3239	84	23	market	market	NOUN
fsr-3239	84	24	-	-	PUNCT
fsr-3239	84	25	to	to	ADP
fsr-3239	84	26	-	-	PUNCT
fsr-3239	84	27	book	book	NOUN
fsr-3239	84	28	,	,	PUNCT
fsr-3239	84	29	and	and	CCONJ
fsr-3239	84	30	leverage	leverage	NOUN
fsr-3239	84	31	on	on	ADP
fsr-3239	84	32	portfolio	portfolio	NOUN
fsr-3239	84	33	returns	return	NOUN
fsr-3239	84	34	.	.	PUNCT
fsr-3239	85	1	however	however	ADV
fsr-3239	85	2	,	,	PUNCT
fsr-3239	85	3	they	they	PRON
fsr-3239	85	4	choose	choose	VERB
fsr-3239	85	5	to	to	PART
fsr-3239	85	6	define	define	VERB
fsr-3239	85	7	these	these	DET
fsr-3239	85	8	effects	effect	NOUN
fsr-3239	85	9	as	as	ADP
fsr-3239	85	10	risk	risk	NOUN
fsr-3239	85	11	factors	factor	NOUN
fsr-3239	85	12	rather	rather	ADV
fsr-3239	85	13	than	than	ADP
fsr-3239	85	14	inefficiencies	inefficiency	NOUN
fsr-3239	85	15	.	.	PUNCT
fsr-3239	86	1	the	the	DET
fsr-3239	86	2	fama	fama	NOUN
fsr-3239	86	3	and	and	CCONJ
fsr-3239	86	4	french	french	ADJ
fsr-3239	86	5	three	three	NUM
fsr-3239	86	6	factor	factor	NOUN
fsr-3239	86	7	model	model	NOUN
fsr-3239	86	8	emerges	emerge	VERB
fsr-3239	86	9	from	from	ADP
fsr-3239	86	10	their	their	PRON
fsr-3239	86	11	study	study	NOUN
fsr-3239	86	12	.	.	PUNCT
fsr-3239	87	1	it	it	PRON
fsr-3239	87	2	is	be	AUX
fsr-3239	87	3	impossible	impossible	ADJ
fsr-3239	87	4	to	to	PART
fsr-3239	87	5	tell	tell	VERB
fsr-3239	87	6	whether	whether	SCONJ
fsr-3239	87	7	the	the	DET
fsr-3239	87	8	added	add	VERB
fsr-3239	87	9	factors	factor	NOUN
fsr-3239	87	10	are	be	AUX
fsr-3239	87	11	risk	risk	NOUN
fsr-3239	87	12	premiums	premium	NOUN
fsr-3239	87	13	or	or	CCONJ
fsr-3239	87	14	unpriced	unpriced	ADJ
fsr-3239	87	15	sources	source	NOUN
fsr-3239	87	16	of	of	ADP
fsr-3239	87	17	information	information	NOUN
fsr-3239	87	18	.	.	PUNCT
fsr-3239	88	1	studies	study	NOUN
fsr-3239	88	2	of	of	ADP
fsr-3239	88	3	investment	investment	NOUN
fsr-3239	88	4	performance	performance	NOUN
fsr-3239	88	5	from	from	ADP
fsr-3239	88	6	following	follow	VERB
fsr-3239	88	7	recommendations	recommendation	NOUN
fsr-3239	88	8	of	of	ADP
fsr-3239	88	9	professional	professional	ADJ
fsr-3239	88	10	investors	investor	NOUN
fsr-3239	88	11	have	have	AUX
fsr-3239	88	12	had	have	VERB
fsr-3239	88	13	mixed	mixed	ADJ
fsr-3239	88	14	results	result	NOUN
fsr-3239	88	15	.	.	PUNCT
fsr-3239	89	1	oppenheimer	oppenheimer	PROPN
fsr-3239	89	2	(	(	PUNCT
fsr-3239	89	3	1981	1981	NUM
fsr-3239	89	4	)	)	PUNCT
fsr-3239	89	5	back	back	ADV
fsr-3239	89	6	-	-	PUNCT
fsr-3239	89	7	tested	test	VERB
fsr-3239	89	8	portfolios	portfolio	NOUN
fsr-3239	89	9	constructed	construct	VERB
fsr-3239	89	10	160	160	NUM
fsr-3239	89	11	d.s	d.s	PROPN
fsr-3239	89	12	.	.	PROPN
fsr-3239	89	13	north	north	PROPN
fsr-3239	89	14	,	,	PUNCT
fsr-3239	89	15	j.l	j.l	PROPN
fsr-3239	89	16	.	.	PROPN
fsr-3239	89	17	stevens	stevens	PROPN
fsr-3239	89	18	/	/	SYM
fsr-3239	89	19	financial	financial	ADJ
fsr-3239	89	20	services	service	NOUN
fsr-3239	89	21	review	review	VERB
fsr-3239	89	22	24	24	NUM
fsr-3239	89	23	(	(	PUNCT
fsr-3239	89	24	2015	2015	NUM
fsr-3239	89	25	)	)	PUNCT
fsr-3239	89	26	157–176	157–176	NUM
fsr-3239	89	27	from	from	ADP
fsr-3239	89	28	suggestions	suggestion	NOUN
fsr-3239	89	29	of	of	ADP
fsr-3239	89	30	benjamin	benjamin	PROPN
fsr-3239	89	31	graham	graham	PROPN
fsr-3239	89	32	in	in	ADP
fsr-3239	89	33	periodic	periodic	ADJ
fsr-3239	89	34	editions	edition	NOUN
fsr-3239	89	35	of	of	ADP
fsr-3239	89	36	“	"	PUNCT
fsr-3239	89	37	intelligent	intelligent	ADJ
fsr-3239	89	38	investor	investor	NOUN
fsr-3239	89	39	.	.	PUNCT
fsr-3239	89	40	”	"	PUNCT
fsr-3239	90	1	the	the	DET
fsr-3239	90	2	constructed	construct	VERB
fsr-3239	90	3	portfolios	portfolio	NOUN
fsr-3239	90	4	beat	beat	VERB
fsr-3239	90	5	the	the	DET
fsr-3239	90	6	relevant	relevant	ADJ
fsr-3239	90	7	benchmarks	benchmark	NOUN
fsr-3239	90	8	beyond	beyond	ADP
fsr-3239	90	9	what	what	PRON
fsr-3239	90	10	graham	graham	PROPN
fsr-3239	90	11	predicted	predict	VERB
fsr-3239	90	12	.	.	PUNCT
fsr-3239	91	1	in	in	ADP
fsr-3239	91	2	more	more	ADV
fsr-3239	91	3	recent	recent	ADJ
fsr-3239	91	4	studies	study	NOUN
fsr-3239	91	5	,	,	PUNCT
fsr-3239	91	6	palman	palman	NOUN
fsr-3239	91	7	,	,	PUNCT
fsr-3239	91	8	sun	sun	NOUN
fsr-3239	91	9	,	,	PUNCT
fsr-3239	91	10	and	and	CCONJ
fsr-3239	91	11	tang	tang	NOUN
fsr-3239	91	12	(	(	PUNCT
fsr-3239	91	13	1994	1994	NUM
fsr-3239	91	14	)	)	PUNCT
fsr-3239	91	15	found	find	VERB
fsr-3239	91	16	abnormal	abnormal	ADJ
fsr-3239	91	17	returns	return	NOUN
fsr-3239	91	18	in	in	ADP
fsr-3239	91	19	an	an	DET
fsr-3239	91	20	event	event	NOUN
fsr-3239	91	21	study	study	NOUN
fsr-3239	91	22	based	base	VERB
fsr-3239	91	23	on	on	ADP
fsr-3239	91	24	stock	stock	NOUN
fsr-3239	91	25	recommendations	recommendation	NOUN
fsr-3239	91	26	from	from	ADP
fsr-3239	91	27	business	business	NOUN
fsr-3239	91	28	week	week	NOUN
fsr-3239	91	29	analysts	analyst	NOUN
fsr-3239	91	30	.	.	PUNCT
fsr-3239	92	1	anderson	anderson	PROPN
fsr-3239	92	2	and	and	CCONJ
fsr-3239	92	3	loviscek	loviscek	PROPN
fsr-3239	92	4	(	(	PUNCT
fsr-3239	92	5	2005	2005	NUM
fsr-3239	92	6	)	)	PUNCT
fsr-3239	92	7	found	find	VERB
fsr-3239	92	8	that	that	SCONJ
fsr-3239	92	9	portfolios	portfolio	NOUN
fsr-3239	92	10	built	build	VERB
fsr-3239	92	11	from	from	ADP
fsr-3239	92	12	the	the	DET
fsr-3239	92	13	top	top	ADJ
fsr-3239	92	14	five	five	NUM
fsr-3239	92	15	picks	pick	NOUN
fsr-3239	92	16	in	in	ADP
fsr-3239	92	17	the	the	DET
fsr-3239	92	18	book	book	NOUN
fsr-3239	92	19	the	the	DET
fsr-3239	92	20	best	good	ADJ
fsr-3239	92	21	stocks	stock	NOUN
fsr-3239	92	22	to	to	PART
fsr-3239	92	23	own	own	VERB
fsr-3239	92	24	in	in	ADP
fsr-3239	92	25	america	america	PROPN
fsr-3239	92	26	outperformed	outperform	VERB
fsr-3239	92	27	the	the	DET
fsr-3239	92	28	market	market	NOUN
fsr-3239	92	29	.	.	PUNCT
fsr-3239	93	1	desai	desai	PROPN
fsr-3239	93	2	and	and	CCONJ
fsr-3239	93	3	jain	jain	PROPN
fsr-3239	93	4	(	(	PUNCT
fsr-3239	93	5	1995	1995	NUM
fsr-3239	93	6	)	)	PUNCT
fsr-3239	93	7	tested	test	VERB
fsr-3239	93	8	the	the	DET
fsr-3239	93	9	performance	performance	NOUN
fsr-3239	93	10	of	of	ADP
fsr-3239	93	11	stocks	stock	NOUN
fsr-3239	93	12	recommended	recommend	VERB
fsr-3239	93	13	from	from	ADP
fsr-3239	93	14	a	a	DET
fsr-3239	93	15	roundtable	roundtable	NOUN
fsr-3239	93	16	of	of	ADP
fsr-3239	93	17	“	"	PUNCT
fsr-3239	93	18	superstar	superstar	NOUN
fsr-3239	93	19	”	"	PUNCT
fsr-3239	93	20	analysts	analyst	NOUN
fsr-3239	93	21	published	publish	VERB
fsr-3239	93	22	in	in	ADP
fsr-3239	93	23	barrons	barron	NOUN
fsr-3239	93	24	.	.	PUNCT
fsr-3239	94	1	abnormal	abnormal	ADJ
fsr-3239	94	2	returns	return	NOUN
fsr-3239	94	3	were	be	AUX
fsr-3239	94	4	found	find	VERB
fsr-3239	94	5	from	from	ADP
fsr-3239	94	6	the	the	DET
fsr-3239	94	7	date	date	NOUN
fsr-3239	94	8	of	of	ADP
fsr-3239	94	9	the	the	DET
fsr-3239	94	10	roundtable	roundtable	NOUN
fsr-3239	94	11	to	to	ADP
fsr-3239	94	12	the	the	DET
fsr-3239	94	13	publication	publication	NOUN
fsr-3239	94	14	date	date	NOUN
fsr-3239	94	15	but	but	CCONJ
fsr-3239	94	16	there	there	PRON
fsr-3239	94	17	were	be	VERB
fsr-3239	94	18	no	no	DET
fsr-3239	94	19	abnormal	abnormal	ADJ
fsr-3239	94	20	returns	return	NOUN
fsr-3239	94	21	once	once	SCONJ
fsr-3239	94	22	the	the	DET
fsr-3239	94	23	recommendations	recommendation	NOUN
fsr-3239	94	24	were	be	AUX
fsr-3239	94	25	made	make	VERB
fsr-3239	94	26	public	public	ADJ
fsr-3239	94	27	.	.	PUNCT
fsr-3239	95	1	metrick	metrick	ADJ
fsr-3239	95	2	(	(	PUNCT
fsr-3239	95	3	1999	1999	NUM
fsr-3239	95	4	)	)	PUNCT
fsr-3239	95	5	tested	test	VERB
fsr-3239	95	6	recommendations	recommendation	NOUN
fsr-3239	95	7	from	from	ADP
fsr-3239	95	8	153	153	NUM
fsr-3239	95	9	different	different	ADJ
fsr-3239	95	10	investment	investment	NOUN
fsr-3239	95	11	newsletters	newsletter	NOUN
fsr-3239	95	12	and	and	CCONJ
fsr-3239	95	13	found	find	VERB
fsr-3239	95	14	that	that	SCONJ
fsr-3239	95	15	neither	neither	CCONJ
fsr-3239	95	16	the	the	DET
fsr-3239	95	17	group	group	NOUN
fsr-3239	95	18	of	of	ADP
fsr-3239	95	19	newsletters	newsletter	NOUN
fsr-3239	95	20	nor	nor	CCONJ
fsr-3239	95	21	the	the	DET
fsr-3239	95	22	153	153	NUM
fsr-3239	95	23	individual	individual	ADJ
fsr-3239	95	24	recommendations	recommendation	NOUN
fsr-3239	95	25	generated	generate	VERB
fsr-3239	95	26	abnormal	abnormal	ADJ
fsr-3239	95	27	returns	return	NOUN
fsr-3239	95	28	.	.	PUNCT
fsr-3239	96	1	several	several	ADJ
fsr-3239	96	2	studies	study	NOUN
fsr-3239	96	3	tested	test	VERB
fsr-3239	96	4	the	the	DET
fsr-3239	96	5	investment	investment	NOUN
fsr-3239	96	6	performance	performance	NOUN
fsr-3239	96	7	from	from	ADP
fsr-3239	96	8	following	follow	VERB
fsr-3239	96	9	recommendations	recommendation	NOUN
fsr-3239	96	10	of	of	ADP
fsr-3239	96	11	analysts	analyst	NOUN
fsr-3239	96	12	appearing	appear	VERB
fsr-3239	96	13	on	on	ADP
fsr-3239	96	14	television	television	NOUN
fsr-3239	96	15	.	.	PUNCT
fsr-3239	97	1	pari	pari	PROPN
fsr-3239	97	2	(	(	PUNCT
fsr-3239	97	3	1987	1987	NUM
fsr-3239	97	4	)	)	PUNCT
fsr-3239	97	5	;	;	PUNCT
fsr-3239	97	6	griffin	griffin	PROPN
fsr-3239	97	7	,	,	PUNCT
fsr-3239	97	8	james	james	PROPN
fsr-3239	97	9	,	,	PUNCT
fsr-3239	97	10	and	and	CCONJ
fsr-3239	97	11	zmijewski	zmijewski	PROPN
fsr-3239	97	12	(	(	PUNCT
fsr-3239	97	13	1995	1995	NUM
fsr-3239	97	14	)	)	PUNCT
fsr-3239	97	15	;	;	PUNCT
fsr-3239	97	16	and	and	CCONJ
fsr-3239	97	17	beltz	beltz	PROPN
fsr-3239	97	18	and	and	CCONJ
fsr-3239	97	19	jennings	jennings	PROPN
fsr-3239	97	20	(	(	PUNCT
fsr-3239	97	21	1997	1997	NUM
fsr-3239	97	22	)	)	PUNCT
fsr-3239	97	23	found	find	VERB
fsr-3239	97	24	abnormal	abnormal	ADJ
fsr-3239	97	25	returns	return	NOUN
fsr-3239	97	26	for	for	ADP
fsr-3239	97	27	the	the	DET
fsr-3239	97	28	first	first	ADJ
fsr-3239	97	29	trading	trading	NOUN
fsr-3239	97	30	day	day	NOUN
fsr-3239	97	31	after	after	ADP
fsr-3239	97	32	“	"	PUNCT
fsr-3239	97	33	wall	wall	PROPN
fsr-3239	97	34	street	street	PROPN
fsr-3239	97	35	week	week	NOUN
fsr-3239	97	36	with	with	ADP
fsr-3239	97	37	louis	louis	PROPN
fsr-3239	97	38	rukherser	rukherser	NOUN
fsr-3239	97	39	”	"	PUNCT
fsr-3239	97	40	aired	air	VERB
fsr-3239	97	41	.	.	PUNCT
fsr-3239	98	1	however	however	ADV
fsr-3239	98	2	,	,	PUNCT
fsr-3239	98	3	pari	pari	PROPN
fsr-3239	98	4	(	(	PUNCT
fsr-3239	98	5	1987	1987	NUM
fsr-3239	98	6	)	)	PUNCT
fsr-3239	98	7	and	and	CCONJ
fsr-3239	98	8	beltz	beltz	PROPN
fsr-3239	98	9	and	and	CCONJ
fsr-3239	98	10	jennings	jennings	PROPN
fsr-3239	98	11	(	(	PUNCT
fsr-3239	98	12	1997	1997	NUM
fsr-3239	98	13	)	)	PUNCT
fsr-3239	98	14	found	find	VERB
fsr-3239	98	15	negative	negative	ADJ
fsr-3239	98	16	abnormal	abnormal	ADJ
fsr-3239	98	17	returns	return	NOUN
fsr-3239	98	18	measured	measure	VERB
fsr-3239	98	19	over	over	ADP
fsr-3239	98	20	the	the	DET
fsr-3239	98	21	longer	long	ADJ
fsr-3239	98	22	term	term	NOUN
fsr-3239	98	23	whereas	whereas	SCONJ
fsr-3239	98	24	griffin	griffin	PROPN
fsr-3239	98	25	,	,	PUNCT
fsr-3239	98	26	james	james	PROPN
fsr-3239	98	27	,	,	PUNCT
fsr-3239	98	28	and	and	CCONJ
fsr-3239	98	29	zmijewski	zmijewski	PROPN
fsr-3239	98	30	(	(	PUNCT
fsr-3239	98	31	1995	1995	NUM
fsr-3239	98	32	)	)	PUNCT
fsr-3239	98	33	found	find	VERB
fsr-3239	98	34	significant	significant	ADJ
fsr-3239	98	35	positive	positive	ADJ
fsr-3239	98	36	abnormal	abnormal	ADJ
fsr-3239	98	37	returns	return	NOUN
fsr-3239	98	38	over	over	ADP
fsr-3239	98	39	the	the	DET
fsr-3239	98	40	year	year	NOUN
fsr-3239	98	41	following	follow	VERB
fsr-3239	98	42	the	the	DET
fsr-3239	98	43	wall	wall	PROPN
fsr-3239	98	44	street	street	PROPN
fsr-3239	98	45	week	week	NOUN
fsr-3239	98	46	recommendations	recommendation	NOUN
fsr-3239	98	47	.	.	PUNCT
fsr-3239	99	1	ferreira	ferreira	PROPN
fsr-3239	99	2	and	and	CCONJ
fsr-3239	99	3	smith	smith	PROPN
fsr-3239	99	4	(	(	PUNCT
fsr-3239	99	5	2003	2003	NUM
fsr-3239	99	6	)	)	PUNCT
fsr-3239	99	7	found	find	VERB
fsr-3239	99	8	significant	significant	ADJ
fsr-3239	99	9	positive	positive	ADJ
fsr-3239	99	10	abnormal	abnormal	ADJ
fsr-3239	99	11	returns	return	NOUN
fsr-3239	99	12	for	for	ADP
fsr-3239	99	13	wall	wall	PROPN
fsr-3239	99	14	street	street	PROPN
fsr-3239	99	15	week	week	NOUN
fsr-3239	99	16	recommendations	recommendation	NOUN
fsr-3239	99	17	in	in	ADP
fsr-3239	99	18	both	both	PRON
fsr-3239	99	19	short	short	ADJ
fsr-3239	99	20	run	run	NOUN
fsr-3239	99	21	and	and	CCONJ
fsr-3239	99	22	long	long	ADJ
fsr-3239	99	23	run	run	NOUN
fsr-3239	99	24	periods	period	NOUN
fsr-3239	99	25	when	when	SCONJ
fsr-3239	99	26	abnormal	abnormal	ADJ
fsr-3239	99	27	return	return	NOUN
fsr-3239	99	28	measures	measure	NOUN
fsr-3239	99	29	were	be	AUX
fsr-3239	99	30	adjusted	adjust	VERB
fsr-3239	99	31	.	.	PUNCT
fsr-3239	100	1	bolsher	bolsher	PROPN
fsr-3239	100	2	,	,	PUNCT
fsr-3239	100	3	trahan	trahan	PROPN
fsr-3239	100	4	,	,	PUNCT
fsr-3239	100	5	and	and	CCONJ
fsr-3239	100	6	venkateswarren	venkateswarren	ADJ
fsr-3239	100	7	(	(	PUNCT
fsr-3239	100	8	2012	2012	NUM
fsr-3239	100	9	)	)	PUNCT
fsr-3239	100	10	followed	follow	VERB
fsr-3239	100	11	the	the	DET
fsr-3239	100	12	suggestions	suggestion	NOUN
fsr-3239	100	13	on	on	ADP
fsr-3239	100	14	kramer	kramer	PROPN
fsr-3239	100	15	’s	’s	PART
fsr-3239	100	16	“	"	PUNCT
fsr-3239	100	17	mad	mad	ADJ
fsr-3239	100	18	man	man	NOUN
fsr-3239	100	19	”	"	PUNCT
fsr-3239	100	20	and	and	CCONJ
fsr-3239	100	21	found	find	VERB
fsr-3239	100	22	positive	positive	ADJ
fsr-3239	100	23	gains	gain	NOUN
fsr-3239	100	24	for	for	ADP
fsr-3239	100	25	the	the	DET
fsr-3239	100	26	first	first	ADJ
fsr-3239	100	27	day	day	NOUN
fsr-3239	100	28	after	after	SCONJ
fsr-3239	100	29	the	the	DET
fsr-3239	100	30	show	show	NOUN
fsr-3239	100	31	aired	air	VERB
fsr-3239	100	32	but	but	CCONJ
fsr-3239	100	33	losses	loss	NOUN
fsr-3239	100	34	occurred	occur	VERB
fsr-3239	100	35	for	for	ADP
fsr-3239	100	36	the	the	DET
fsr-3239	100	37	following	follow	VERB
fsr-3239	100	38	29	29	NUM
fsr-3239	100	39	days	day	NOUN
fsr-3239	100	40	.	.	PUNCT
fsr-3239	101	1	tests	test	NOUN
fsr-3239	101	2	of	of	ADP
fsr-3239	101	3	public	public	ADJ
fsr-3239	101	4	recommendations	recommendation	NOUN
fsr-3239	101	5	from	from	ADP
fsr-3239	101	6	professionals	professional	NOUN
fsr-3239	101	7	offer	offer	VERB
fsr-3239	101	8	mixed	mixed	ADJ
fsr-3239	101	9	results	result	NOUN
fsr-3239	101	10	and	and	CCONJ
fsr-3239	101	11	it	it	PRON
fsr-3239	101	12	is	be	AUX
fsr-3239	101	13	difficult	difficult	ADJ
fsr-3239	101	14	to	to	PART
fsr-3239	101	15	sort	sort	VERB
fsr-3239	101	16	unpriced	unpriced	ADJ
fsr-3239	101	17	information	information	NOUN
fsr-3239	101	18	from	from	ADP
fsr-3239	101	19	the	the	DET
fsr-3239	101	20	behavioral	behavioral	ADJ
fsr-3239	101	21	biases	bias	NOUN
fsr-3239	101	22	and	and	CCONJ
fsr-3239	101	23	emotions	emotion	NOUN
fsr-3239	101	24	of	of	ADP
fsr-3239	101	25	analysts	analyst	NOUN
fsr-3239	101	26	making	make	VERB
fsr-3239	101	27	recommendations	recommendation	NOUN
fsr-3239	101	28	.	.	PUNCT
fsr-3239	102	1	as	as	ADP
fsr-3239	102	2	an	an	DET
fsr-3239	102	3	alternative	alternative	NOUN
fsr-3239	102	4	,	,	PUNCT
fsr-3239	102	5	several	several	ADJ
fsr-3239	102	6	studies	study	NOUN
fsr-3239	102	7	test	test	VERB
fsr-3239	102	8	the	the	DET
fsr-3239	102	9	performance	performance	NOUN
fsr-3239	102	10	from	from	ADP
fsr-3239	102	11	more	more	ADJ
fsr-3239	102	12	mechanical	mechanical	ADJ
fsr-3239	102	13	professional	professional	ADJ
fsr-3239	102	14	recommendations	recommendation	NOUN
fsr-3239	102	15	.	.	PUNCT
fsr-3239	103	1	olson	olson	NOUN
fsr-3239	103	2	,	,	PUNCT
fsr-3239	103	3	nelson	nelson	PROPN
fsr-3239	103	4	,	,	PUNCT
fsr-3239	103	5	witt	witt	PROPN
fsr-3239	103	6	,	,	PUNCT
fsr-3239	103	7	and	and	CCONJ
fsr-3239	103	8	mossman	mossman	PROPN
fsr-3239	103	9	(	(	PUNCT
fsr-3239	103	10	1998	1998	NUM
fsr-3239	103	11	)	)	PUNCT
fsr-3239	103	12	found	find	VERB
fsr-3239	103	13	significantly	significantly	ADV
fsr-3239	103	14	positive	positive	ADJ
fsr-3239	103	15	abnormal	abnormal	ADJ
fsr-3239	103	16	returns	return	NOUN
fsr-3239	103	17	from	from	ADP
fsr-3239	103	18	trading	trading	NOUN
fsr-3239	103	19	based	base	VERB
fsr-3239	103	20	on	on	ADP
fsr-3239	103	21	investor	investor	NOUN
fsr-3239	103	22	’s	’s	PART
fsr-3239	103	23	business	business	NOUN
fsr-3239	103	24	daily	daily	PROPN
fsr-3239	103	25	proprietary	proprietary	ADJ
fsr-3239	103	26	stock	stock	NOUN
fsr-3239	103	27	rankings	ranking	NOUN
fsr-3239	103	28	.	.	PUNCT
fsr-3239	104	1	choi	choi	NOUN
fsr-3239	104	2	(	(	PUNCT
fsr-3239	104	3	2000	2000	NUM
fsr-3239	104	4	)	)	PUNCT
fsr-3239	104	5	found	find	VERB
fsr-3239	104	6	positive	positive	ADJ
fsr-3239	104	7	abnormal	abnormal	ADJ
fsr-3239	104	8	returns	return	NOUN
fsr-3239	104	9	from	from	ADP
fsr-3239	104	10	investing	invest	VERB
fsr-3239	104	11	in	in	ADP
fsr-3239	104	12	stocks	stock	NOUN
fsr-3239	104	13	with	with	ADP
fsr-3239	104	14	the	the	DET
fsr-3239	104	15	highest	high	ADJ
fsr-3239	104	16	value	value	NOUN
fsr-3239	104	17	line	line	NOUN
fsr-3239	104	18	timeliness	timeliness	NOUN
fsr-3239	104	19	rankings	ranking	NOUN
fsr-3239	104	20	even	even	ADV
fsr-3239	104	21	after	after	ADP
fsr-3239	104	22	controlling	control	VERB
fsr-3239	104	23	for	for	ADP
fsr-3239	104	24	size	size	NOUN
fsr-3239	104	25	,	,	PUNCT
fsr-3239	104	26	momentum	momentum	NOUN
fsr-3239	104	27	,	,	PUNCT
fsr-3239	104	28	and	and	CCONJ
fsr-3239	104	29	earnings	earning	NOUN
fsr-3239	104	30	surprises	surprise	NOUN
fsr-3239	104	31	.	.	PUNCT
fsr-3239	105	1	nevertheless	nevertheless	ADV
fsr-3239	105	2	,	,	PUNCT
fsr-3239	105	3	choi	choi	PROPN
fsr-3239	105	4	’s	’s	PART
fsr-3239	105	5	findings	finding	NOUN
fsr-3239	105	6	were	be	AUX
fsr-3239	105	7	not	not	PART
fsr-3239	105	8	likely	likely	ADJ
fsr-3239	105	9	to	to	PART
fsr-3239	105	10	overcome	overcome	VERB
fsr-3239	105	11	transaction	transaction	NOUN
fsr-3239	105	12	costs	cost	NOUN
fsr-3239	105	13	of	of	ADP
fsr-3239	105	14	trading	trading	NOUN
fsr-3239	105	15	.	.	PUNCT
fsr-3239	106	1	loviscek	loviscek	NOUN
fsr-3239	106	2	and	and	CCONJ
fsr-3239	106	3	jordan	jordan	PROPN
fsr-3239	106	4	(	(	PUNCT
fsr-3239	106	5	2000	2000	NUM
fsr-3239	106	6	)	)	PUNCT
fsr-3239	106	7	created	create	VERB
fsr-3239	106	8	portfolios	portfolio	NOUN
fsr-3239	106	9	from	from	ADP
fsr-3239	106	10	the	the	DET
fsr-3239	106	11	top	top	ADJ
fsr-3239	106	12	holdings	holding	NOUN
fsr-3239	106	13	of	of	ADP
fsr-3239	106	14	five	five	NUM
fsr-3239	106	15	-	-	PUNCT
fsr-3239	106	16	star	star	NOUN
fsr-3239	106	17	mutual	mutual	ADJ
fsr-3239	106	18	funds	fund	NOUN
fsr-3239	106	19	and	and	CCONJ
fsr-3239	106	20	found	find	VERB
fsr-3239	106	21	that	that	SCONJ
fsr-3239	106	22	the	the	DET
fsr-3239	106	23	performance	performance	NOUN
fsr-3239	106	24	was	be	AUX
fsr-3239	106	25	too	too	ADV
fsr-3239	106	26	weak	weak	ADJ
fsr-3239	106	27	to	to	PART
fsr-3239	106	28	recommend	recommend	VERB
fsr-3239	106	29	.	.	PUNCT
fsr-3239	107	1	kacperczyk	kacperczyk	PROPN
fsr-3239	107	2	,	,	PUNCT
fsr-3239	107	3	van	van	PROPN
fsr-3239	107	4	nieuwerburgh	nieuwerburgh	PROPN
fsr-3239	107	5	,	,	PUNCT
fsr-3239	107	6	and	and	CCONJ
fsr-3239	107	7	veldkamp	veldkamp	ADJ
fsr-3239	107	8	(	(	PUNCT
fsr-3239	107	9	2013	2013	NUM
fsr-3239	107	10	)	)	PUNCT
fsr-3239	107	11	applied	apply	VERB
fsr-3239	107	12	a	a	DET
fsr-3239	107	13	measure	measure	NOUN
fsr-3239	107	14	of	of	ADP
fsr-3239	107	15	skill	skill	NOUN
fsr-3239	107	16	to	to	ADP
fsr-3239	107	17	3,477	3,477	NUM
fsr-3239	107	18	mutual	mutual	ADJ
fsr-3239	107	19	funds	fund	NOUN
fsr-3239	107	20	over	over	ADP
fsr-3239	107	21	the	the	DET
fsr-3239	107	22	period	period	NOUN
fsr-3239	107	23	1980	1980	NUM
fsr-3239	107	24	through	through	ADP
fsr-3239	107	25	2005	2005	NUM
fsr-3239	107	26	.	.	PUNCT
fsr-3239	108	1	they	they	PRON
fsr-3239	108	2	found	find	VERB
fsr-3239	108	3	that	that	SCONJ
fsr-3239	108	4	the	the	DET
fsr-3239	108	5	top	top	ADJ
fsr-3239	108	6	quintile	quintile	NOUN
fsr-3239	108	7	of	of	ADP
fsr-3239	108	8	funds	fund	NOUN
fsr-3239	108	9	outperform	outperform	VERB
fsr-3239	108	10	by	by	ADP
fsr-3239	108	11	300	300	NUM
fsr-3239	108	12	to	to	PART
fsr-3239	108	13	600	600	NUM
fsr-3239	108	14	basis	basis	NOUN
fsr-3239	108	15	points	point	NOUN
fsr-3239	108	16	per	per	ADP
fsr-3239	108	17	year	year	NOUN
fsr-3239	108	18	.	.	PUNCT
fsr-3239	109	1	overall	overall	ADV
fsr-3239	109	2	,	,	PUNCT
fsr-3239	109	3	there	there	PRON
fsr-3239	109	4	is	be	VERB
fsr-3239	109	5	no	no	DET
fsr-3239	109	6	clear	clear	ADJ
fsr-3239	109	7	consensus	consensus	NOUN
fsr-3239	109	8	from	from	ADP
fsr-3239	109	9	these	these	DET
fsr-3239	109	10	studies	study	NOUN
fsr-3239	109	11	and	and	CCONJ
fsr-3239	109	12	the	the	DET
fsr-3239	109	13	possibility	possibility	NOUN
fsr-3239	109	14	remains	remain	VERB
fsr-3239	109	15	that	that	SCONJ
fsr-3239	109	16	some	some	DET
fsr-3239	109	17	sources	source	NOUN
fsr-3239	109	18	of	of	ADP
fsr-3239	109	19	information	information	NOUN
fsr-3239	109	20	may	may	AUX
fsr-3239	109	21	offer	offer	VERB
fsr-3239	109	22	excess	excess	ADJ
fsr-3239	109	23	returns	return	NOUN
fsr-3239	109	24	whereas	whereas	SCONJ
fsr-3239	109	25	others	other	NOUN
fsr-3239	109	26	do	do	VERB
fsr-3239	109	27	not	not	PART
fsr-3239	109	28	.	.	PUNCT
fsr-3239	110	1	schadler	schadler	NOUN
fsr-3239	110	2	and	and	CCONJ
fsr-3239	110	3	cotton	cotton	NOUN
fsr-3239	110	4	(	(	PUNCT
fsr-3239	110	5	henceforth	henceforth	ADV
fsr-3239	110	6	noted	note	VERB
fsr-3239	110	7	as	as	ADP
fsr-3239	110	8	s&c	s&c	PROPN
fsr-3239	110	9	)	)	PUNCT
fsr-3239	110	10	provided	provide	VERB
fsr-3239	110	11	the	the	DET
fsr-3239	110	12	most	most	ADV
fsr-3239	110	13	relevant	relevant	ADJ
fsr-3239	110	14	study	study	NOUN
fsr-3239	110	15	for	for	ADP
fsr-3239	110	16	the	the	DET
fsr-3239	110	17	work	work	NOUN
fsr-3239	110	18	we	we	PRON
fsr-3239	110	19	present	present	VERB
fsr-3239	110	20	here	here	ADV
fsr-3239	110	21	.	.	PUNCT
fsr-3239	111	1	they	they	PRON
fsr-3239	111	2	tested	test	VERB
fsr-3239	111	3	the	the	DET
fsr-3239	111	4	investment	investment	NOUN
fsr-3239	111	5	performance	performance	NOUN
fsr-3239	111	6	of	of	ADP
fsr-3239	111	7	portfolios	portfolio	NOUN
fsr-3239	111	8	constructed	construct	VERB
fsr-3239	111	9	with	with	ADP
fsr-3239	111	10	the	the	DET
fsr-3239	111	11	aaii	aaii	NOUN
fsr-3239	111	12	screens	screen	NOUN
fsr-3239	111	13	from	from	ADP
fsr-3239	111	14	january	january	PROPN
fsr-3239	111	15	of	of	ADP
fsr-3239	111	16	1998	1998	NUM
fsr-3239	111	17	to	to	ADP
fsr-3239	111	18	december	december	PROPN
fsr-3239	111	19	2005	2005	NUM
fsr-3239	111	20	.	.	PUNCT
fsr-3239	112	1	after	after	ADP
fsr-3239	112	2	accounting	account	VERB
fsr-3239	112	3	for	for	ADP
fsr-3239	112	4	transaction	transaction	NOUN
fsr-3239	112	5	costs	cost	NOUN
fsr-3239	112	6	,	,	PUNCT
fsr-3239	112	7	statistical	statistical	ADJ
fsr-3239	112	8	significance	significance	NOUN
fsr-3239	112	9	,	,	PUNCT
fsr-3239	112	10	and	and	CCONJ
fsr-3239	112	11	the	the	DET
fsr-3239	112	12	appropriate	appropriate	ADJ
fsr-3239	112	13	“	"	PUNCT
fsr-3239	112	14	market	market	NOUN
fsr-3239	112	15	”	"	PUNCT
fsr-3239	112	16	index	index	NOUN
fsr-3239	112	17	for	for	ADP
fsr-3239	112	18	comparison	comparison	NOUN
fsr-3239	112	19	,	,	PUNCT
fsr-3239	112	20	they	they	PRON
fsr-3239	112	21	conclude	conclude	VERB
fsr-3239	112	22	that	that	SCONJ
fsr-3239	112	23	about	about	ADV
fsr-3239	112	24	20	20	NUM
fsr-3239	112	25	%	%	NOUN
fsr-3239	112	26	of	of	ADP
fsr-3239	112	27	the	the	DET
fsr-3239	112	28	constructed	construct	VERB
fsr-3239	112	29	portfolios	portfolio	NOUN
fsr-3239	112	30	and	and	CCONJ
fsr-3239	112	31	25	25	NUM
fsr-3239	112	32	%	%	NOUN
fsr-3239	112	33	of	of	ADP
fsr-3239	112	34	the	the	DET
fsr-3239	112	35	low	low	ADJ
fsr-3239	112	36	transaction	transaction	NOUN
fsr-3239	112	37	cost	cost	NOUN
fsr-3239	112	38	portfolios	portfolio	NOUN
fsr-3239	112	39	beat	beat	VERB
fsr-3239	112	40	the	the	DET
fsr-3239	112	41	best	good	ADJ
fsr-3239	112	42	fit	fit	ADJ
fsr-3239	112	43	indexes	index	NOUN
fsr-3239	112	44	.	.	PUNCT
fsr-3239	113	1	we	we	PRON
fsr-3239	113	2	extend	extend	VERB
fsr-3239	113	3	the	the	DET
fsr-3239	113	4	s&c	s&c	PROPN
fsr-3239	113	5	study	study	NOUN
fsr-3239	113	6	by	by	ADP
fsr-3239	113	7	considering	consider	VERB
fsr-3239	113	8	a	a	DET
fsr-3239	113	9	longer	long	ADJ
fsr-3239	113	10	investment	investment	NOUN
fsr-3239	113	11	period	period	NOUN
fsr-3239	113	12	,	,	PUNCT
fsr-3239	113	13	measuring	measure	VERB
fsr-3239	113	14	performance	performance	NOUN
fsr-3239	113	15	with	with	ADP
fsr-3239	113	16	statistical	statistical	ADJ
fsr-3239	113	17	significance	significance	NOUN
fsr-3239	113	18	of	of	ADP
fsr-3239	113	19	excess	excess	ADJ
fsr-3239	113	20	returns	return	NOUN
fsr-3239	113	21	161d.s	161d.s	NUM
fsr-3239	113	22	.	.	PUNCT
fsr-3239	114	1	north	north	NOUN
fsr-3239	114	2	,	,	PUNCT
fsr-3239	114	3	j.l	j.l	PROPN
fsr-3239	114	4	.	.	PROPN
fsr-3239	114	5	stevens	stevens	PROPN
fsr-3239	114	6	/	/	SYM
fsr-3239	114	7	financial	financial	ADJ
fsr-3239	114	8	services	service	NOUN
fsr-3239	114	9	review	review	VERB
fsr-3239	114	10	24	24	NUM
fsr-3239	114	11	(	(	PUNCT
fsr-3239	114	12	2015	2015	NUM
fsr-3239	114	13	)	)	PUNCT
fsr-3239	114	14	157–176	157–176	NUM
fsr-3239	114	15	from	from	ADP
fsr-3239	114	16	multifactor	multifactor	NOUN
fsr-3239	114	17	models	model	NOUN
fsr-3239	114	18	,	,	PUNCT
fsr-3239	114	19	and	and	CCONJ
fsr-3239	114	20	considering	consider	VERB
fsr-3239	114	21	favorable	favorable	ADJ
fsr-3239	114	22	skewing	skewing	NOUN
fsr-3239	114	23	of	of	ADP
fsr-3239	114	24	returns	return	NOUN
fsr-3239	114	25	by	by	ADP
fsr-3239	114	26	using	use	VERB
fsr-3239	114	27	both	both	PRON
fsr-3239	114	28	mean	mean	ADJ
fsr-3239	114	29	and	and	CCONJ
fsr-3239	114	30	median	median	ADJ
fsr-3239	114	31	return	return	NOUN
fsr-3239	114	32	measures	measure	NOUN
fsr-3239	114	33	.	.	PUNCT
fsr-3239	115	1	our	our	PRON
fsr-3239	115	2	approach	approach	NOUN
fsr-3239	115	3	offers	offer	VERB
fsr-3239	115	4	a	a	DET
fsr-3239	115	5	rigorous	rigorous	ADJ
fsr-3239	115	6	test	test	NOUN
fsr-3239	115	7	of	of	ADP
fsr-3239	115	8	market	market	NOUN
fsr-3239	115	9	efficiency	efficiency	NOUN
fsr-3239	115	10	in	in	ADP
fsr-3239	115	11	general	general	ADJ
fsr-3239	115	12	and	and	CCONJ
fsr-3239	115	13	the	the	DET
fsr-3239	115	14	performance	performance	NOUN
fsr-3239	115	15	of	of	ADP
fsr-3239	115	16	the	the	DET
fsr-3239	115	17	aaii	aaii	NOUN
fsr-3239	115	18	screened	screen	VERB
fsr-3239	115	19	portfolios	portfolio	NOUN
fsr-3239	115	20	in	in	ADP
fsr-3239	115	21	particular	particular	ADJ
fsr-3239	115	22	.	.	PUNCT
fsr-3239	116	1	3	3	X
fsr-3239	116	2	.	.	X
fsr-3239	116	3	aaii	aaii	NOUN
fsr-3239	116	4	data	datum	NOUN
fsr-3239	116	5	and	and	CCONJ
fsr-3239	116	6	services	service	NOUN
fsr-3239	116	7	we	we	PRON
fsr-3239	116	8	first	first	ADV
fsr-3239	116	9	follow	follow	VERB
fsr-3239	116	10	the	the	DET
fsr-3239	116	11	basic	basic	ADJ
fsr-3239	116	12	approach	approach	NOUN
fsr-3239	116	13	used	use	VERB
fsr-3239	116	14	by	by	ADP
fsr-3239	116	15	s&c	s&c	PROPN
fsr-3239	116	16	as	as	ADP
fsr-3239	116	17	a	a	DET
fsr-3239	116	18	starting	starting	NOUN
fsr-3239	116	19	point	point	NOUN
fsr-3239	116	20	and	and	CCONJ
fsr-3239	116	21	then	then	ADV
fsr-3239	116	22	extend	extend	VERB
fsr-3239	116	23	the	the	DET
fsr-3239	116	24	analysis	analysis	NOUN
fsr-3239	116	25	.	.	PUNCT
fsr-3239	117	1	we	we	PRON
fsr-3239	117	2	use	use	VERB
fsr-3239	117	3	both	both	CCONJ
fsr-3239	117	4	the	the	DET
fsr-3239	117	5	traditional	traditional	ADJ
fsr-3239	117	6	single	single	ADJ
fsr-3239	117	7	-	-	PUNCT
fsr-3239	117	8	factor	factor	NOUN
fsr-3239	117	9	market	market	NOUN
fsr-3239	117	10	model	model	NOUN
fsr-3239	117	11	and	and	CCONJ
fsr-3239	117	12	the	the	DET
fsr-3239	117	13	fama	fama	NOUN
fsr-3239	117	14	and	and	CCONJ
fsr-3239	117	15	french	french	ADJ
fsr-3239	117	16	three	three	NUM
fsr-3239	117	17	-	-	PUNCT
fsr-3239	117	18	factor	factor	NOUN
fsr-3239	117	19	model	model	NOUN
fsr-3239	117	20	to	to	PART
fsr-3239	117	21	measure	measure	VERB
fsr-3239	117	22	and	and	CCONJ
fsr-3239	117	23	test	test	VERB
fsr-3239	117	24	excess	excess	ADJ
fsr-3239	117	25	risk	risk	NOUN
fsr-3239	117	26	-	-	PUNCT
fsr-3239	117	27	adjusted	adjust	VERB
fsr-3239	117	28	returns	return	NOUN
fsr-3239	117	29	(	(	PUNCT
fsr-3239	117	30	�	�	NOUN
fsr-3239	117	31	s	s	PART
fsr-3239	117	32	)	)	PUNCT
fsr-3239	117	33	after	after	ADP
fsr-3239	117	34	transaction	transaction	NOUN
fsr-3239	117	35	costs	cost	NOUN
fsr-3239	117	36	.	.	PUNCT
fsr-3239	118	1	this	this	DET
fsr-3239	118	2	approach	approach	NOUN
fsr-3239	118	3	offers	offer	VERB
fsr-3239	118	4	more	more	ADV
fsr-3239	118	5	extensive	extensive	ADJ
fsr-3239	118	6	tests	test	NOUN
fsr-3239	118	7	of	of	ADP
fsr-3239	118	8	investment	investment	NOUN
fsr-3239	118	9	performance	performance	NOUN
fsr-3239	118	10	beyond	beyond	ADP
fsr-3239	118	11	the	the	DET
fsr-3239	118	12	sharpe	sharpe	PROPN
fsr-3239	118	13	ratio	ratio	NOUN
fsr-3239	118	14	comparisons	comparison	NOUN
fsr-3239	118	15	and	and	CCONJ
fsr-3239	118	16	statistical	statistical	ADJ
fsr-3239	118	17	tests	test	NOUN
fsr-3239	118	18	of	of	ADP
fsr-3239	118	19	difference	difference	NOUN
fsr-3239	118	20	in	in	ADP
fsr-3239	118	21	returns	return	NOUN
fsr-3239	118	22	.	.	PUNCT
fsr-3239	119	1	our	our	PRON
fsr-3239	119	2	study	study	NOUN
fsr-3239	119	3	spans	span	VERB
fsr-3239	119	4	the	the	DET
fsr-3239	119	5	period	period	NOUN
fsr-3239	119	6	from	from	ADP
fsr-3239	119	7	the	the	DET
fsr-3239	119	8	initiation	initiation	NOUN
fsr-3239	119	9	of	of	ADP
fsr-3239	119	10	the	the	DET
fsr-3239	119	11	aaii	aaii	NOUN
fsr-3239	119	12	screens	screen	NOUN
fsr-3239	119	13	in	in	ADP
fsr-3239	119	14	january	january	PROPN
fsr-3239	119	15	1998	1998	NUM
fsr-3239	119	16	through	through	ADP
fsr-3239	119	17	december	december	PROPN
fsr-3239	119	18	of	of	ADP
fsr-3239	119	19	2011	2011	NUM
fsr-3239	119	20	,	,	PUNCT
fsr-3239	119	21	whereas	whereas	SCONJ
fsr-3239	119	22	s&c	s&c	PROPN
fsr-3239	119	23	ended	end	VERB
fsr-3239	119	24	their	their	PRON
fsr-3239	119	25	study	study	NOUN
fsr-3239	119	26	in	in	ADP
fsr-3239	119	27	december	december	PROPN
fsr-3239	119	28	of	of	ADP
fsr-3239	119	29	2005	2005	NUM
fsr-3239	119	30	.	.	PUNCT
fsr-3239	120	1	the	the	DET
fsr-3239	120	2	extended	extended	ADJ
fsr-3239	120	3	period	period	NOUN
fsr-3239	120	4	of	of	ADP
fsr-3239	120	5	analysis	analysis	NOUN
fsr-3239	120	6	includes	include	VERB
fsr-3239	120	7	both	both	DET
fsr-3239	120	8	investment	investment	NOUN
fsr-3239	120	9	performance	performance	NOUN
fsr-3239	120	10	leading	lead	VERB
fsr-3239	120	11	up	up	ADP
fsr-3239	120	12	to	to	ADP
fsr-3239	120	13	the	the	DET
fsr-3239	120	14	great	great	ADJ
fsr-3239	120	15	recession	recession	NOUN
fsr-3239	120	16	and	and	CCONJ
fsr-3239	120	17	several	several	ADJ
fsr-3239	120	18	years	year	NOUN
fsr-3239	120	19	of	of	ADP
fsr-3239	120	20	the	the	DET
fsr-3239	120	21	ongoing	ongoing	ADJ
fsr-3239	120	22	sluggish	sluggish	ADJ
fsr-3239	120	23	recovery	recovery	NOUN
fsr-3239	120	24	period	period	NOUN
fsr-3239	120	25	.	.	PUNCT
fsr-3239	121	1	these	these	DET
fsr-3239	121	2	added	add	VERB
fsr-3239	121	3	observations	observation	NOUN
fsr-3239	121	4	help	help	VERB
fsr-3239	121	5	illustrate	illustrate	VERB
fsr-3239	121	6	how	how	SCONJ
fsr-3239	121	7	the	the	DET
fsr-3239	121	8	aaii	aaii	NOUN
fsr-3239	121	9	portfolio	portfolio	NOUN
fsr-3239	121	10	screens	screen	NOUN
fsr-3239	121	11	tend	tend	VERB
fsr-3239	121	12	to	to	PART
fsr-3239	121	13	perform	perform	VERB
fsr-3239	121	14	over	over	ADP
fsr-3239	121	15	rapidly	rapidly	ADV
fsr-3239	121	16	changing	change	VERB
fsr-3239	121	17	markets	market	NOUN
fsr-3239	121	18	.	.	PUNCT
fsr-3239	122	1	the	the	DET
fsr-3239	122	2	investment	investment	NOUN
fsr-3239	122	3	service	service	NOUN
fsr-3239	122	4	provided	provide	VERB
fsr-3239	122	5	by	by	ADP
fsr-3239	122	6	aaii	aaii	NOUN
fsr-3239	122	7	allows	allow	VERB
fsr-3239	122	8	investors	investor	NOUN
fsr-3239	122	9	to	to	PART
fsr-3239	122	10	follow	follow	VERB
fsr-3239	122	11	stock	stock	NOUN
fsr-3239	122	12	screens	screen	NOUN
fsr-3239	122	13	constructed	construct	VERB
fsr-3239	122	14	with	with	ADP
fsr-3239	122	15	what	what	PRON
fsr-3239	122	16	aaii	aaii	NOUN
fsr-3239	122	17	believes	believe	VERB
fsr-3239	122	18	specific	specific	ADJ
fsr-3239	122	19	well	well	ADV
fsr-3239	122	20	known	know	VERB
fsr-3239	122	21	investors	investor	NOUN
fsr-3239	122	22	use	use	VERB
fsr-3239	122	23	to	to	PART
fsr-3239	122	24	select	select	VERB
fsr-3239	122	25	stocks	stock	NOUN
fsr-3239	122	26	.	.	PUNCT
fsr-3239	123	1	aaii	aaii	NOUN
fsr-3239	123	2	reports	report	VERB
fsr-3239	123	3	monthly	monthly	ADJ
fsr-3239	123	4	returns	return	NOUN
fsr-3239	123	5	on	on	ADP
fsr-3239	123	6	a	a	DET
fsr-3239	123	7	total	total	NOUN
fsr-3239	123	8	of	of	ADP
fsr-3239	123	9	82	82	NUM
fsr-3239	123	10	portfolios	portfolio	NOUN
fsr-3239	123	11	beginning	begin	VERB
fsr-3239	123	12	with	with	ADP
fsr-3239	123	13	january	january	PROPN
fsr-3239	123	14	1998	1998	NUM
fsr-3239	123	15	.	.	PUNCT
fsr-3239	124	1	the	the	DET
fsr-3239	124	2	aaii	aaii	NOUN
fsr-3239	124	3	screens	screen	NOUN
fsr-3239	124	4	are	be	AUX
fsr-3239	124	5	divided	divide	VERB
fsr-3239	124	6	into	into	ADP
fsr-3239	124	7	the	the	DET
fsr-3239	124	8	following	follow	VERB
fsr-3239	124	9	investment	investment	NOUN
fsr-3239	124	10	styles	style	NOUN
fsr-3239	124	11	:	:	PUNCT
fsr-3239	124	12	passive	passive	ADJ
fsr-3239	124	13	indexes	index	NOUN
fsr-3239	124	14	,	,	PUNCT
fsr-3239	124	15	growth	growth	NOUN
fsr-3239	124	16	,	,	PUNCT
fsr-3239	124	17	value/	value/	NOUN
fsr-3239	124	18	growth	growth	NOUN
fsr-3239	124	19	,	,	PUNCT
fsr-3239	124	20	specialty	specialty	NOUN
fsr-3239	124	21	/	/	SYM
fsr-3239	124	22	sector	sector	NOUN
fsr-3239	124	23	,	,	PUNCT
fsr-3239	124	24	and	and	CCONJ
fsr-3239	124	25	unclassified	unclassifie	VERB
fsr-3239	124	26	.	.	PUNCT
fsr-3239	125	1	the	the	DET
fsr-3239	125	2	screen	screen	NOUN
fsr-3239	125	3	characteristics	characteristic	NOUN
fsr-3239	125	4	used	use	VERB
fsr-3239	125	5	by	by	ADP
fsr-3239	125	6	aaii	aaii	NOUN
fsr-3239	125	7	to	to	PART
fsr-3239	125	8	categorize	categorize	VERB
fsr-3239	125	9	a	a	DET
fsr-3239	125	10	screen	screen	NOUN
fsr-3239	125	11	into	into	ADP
fsr-3239	125	12	a	a	DET
fsr-3239	125	13	style	style	NOUN
fsr-3239	125	14	represent	represent	VERB
fsr-3239	125	15	potential	potential	ADJ
fsr-3239	125	16	market	market	NOUN
fsr-3239	125	17	inefficiencies	inefficiency	NOUN
fsr-3239	125	18	that	that	PRON
fsr-3239	125	19	might	might	AUX
fsr-3239	125	20	identify	identify	VERB
fsr-3239	125	21	stocks	stock	NOUN
fsr-3239	125	22	with	with	ADP
fsr-3239	125	23	excess	excess	ADJ
fsr-3239	125	24	return	return	NOUN
fsr-3239	125	25	potential	potential	NOUN
fsr-3239	125	26	.	.	PUNCT
fsr-3239	126	1	of	of	ADP
fsr-3239	126	2	the	the	DET
fsr-3239	126	3	82	82	NUM
fsr-3239	126	4	portfolios	portfolio	NOUN
fsr-3239	126	5	,	,	PUNCT
fsr-3239	126	6	16	16	NUM
fsr-3239	126	7	are	be	AUX
fsr-3239	126	8	stock	stock	NOUN
fsr-3239	126	9	market	market	NOUN
fsr-3239	126	10	indices	index	NOUN
fsr-3239	126	11	and	and	CCONJ
fsr-3239	126	12	one	one	NUM
fsr-3239	126	13	is	be	AUX
fsr-3239	126	14	the	the	DET
fsr-3239	126	15	treasury	treasury	PROPN
fsr-3239	126	16	bill	bill	PROPN
fsr-3239	126	17	index	index	PROPN
fsr-3239	126	18	.	.	PUNCT
fsr-3239	127	1	of	of	ADP
fsr-3239	127	2	the	the	DET
fsr-3239	127	3	remaining	remain	VERB
fsr-3239	127	4	65	65	NUM
fsr-3239	127	5	portfolios	portfolio	NOUN
fsr-3239	127	6	,	,	PUNCT
fsr-3239	127	7	seven	seven	NUM
fsr-3239	127	8	do	do	AUX
fsr-3239	127	9	not	not	PART
fsr-3239	127	10	have	have	VERB
fsr-3239	127	11	complete	complete	ADJ
fsr-3239	127	12	data	datum	NOUN
fsr-3239	127	13	,	,	PUNCT
fsr-3239	127	14	leaving	leave	VERB
fsr-3239	127	15	56	56	NUM
fsr-3239	127	16	screens	screen	NOUN
fsr-3239	127	17	for	for	ADP
fsr-3239	127	18	our	our	PRON
fsr-3239	127	19	testing	testing	NOUN
fsr-3239	127	20	purposes	purpose	NOUN
fsr-3239	127	21	.	.	PUNCT
fsr-3239	128	1	table	table	NOUN
fsr-3239	128	2	1	1	NUM
fsr-3239	128	3	provides	provide	VERB
fsr-3239	128	4	a	a	DET
fsr-3239	128	5	listing	listing	NOUN
fsr-3239	128	6	of	of	ADP
fsr-3239	128	7	the	the	DET
fsr-3239	128	8	screened	screen	VERB
fsr-3239	128	9	portfolios	portfolio	NOUN
fsr-3239	128	10	and	and	CCONJ
fsr-3239	128	11	corresponding	correspond	VERB
fsr-3239	128	12	investment	investment	NOUN
fsr-3239	128	13	styles	style	NOUN
fsr-3239	128	14	used	use	VERB
fsr-3239	128	15	in	in	ADP
fsr-3239	128	16	this	this	DET
fsr-3239	128	17	study	study	NOUN
fsr-3239	128	18	along	along	ADP
fsr-3239	128	19	with	with	ADP
fsr-3239	128	20	an	an	DET
fsr-3239	128	21	annotation	annotation	NOUN
fsr-3239	128	22	of	of	ADP
fsr-3239	128	23	how	how	SCONJ
fsr-3239	128	24	our	our	PRON
fsr-3239	128	25	list	list	NOUN
fsr-3239	128	26	of	of	ADP
fsr-3239	128	27	screens	screen	NOUN
fsr-3239	128	28	is	be	AUX
fsr-3239	128	29	different	different	ADJ
fsr-3239	128	30	from	from	ADP
fsr-3239	128	31	the	the	DET
fsr-3239	128	32	list	list	NOUN
fsr-3239	128	33	used	use	VERB
fsr-3239	128	34	by	by	ADP
fsr-3239	128	35	s&c	s&c	PROPN
fsr-3239	128	36	in	in	ADP
fsr-3239	128	37	their	their	PRON
fsr-3239	128	38	study.3	study.3	NOUN
fsr-3239	128	39	the	the	DET
fsr-3239	128	40	aaii	aaii	NOUN
fsr-3239	128	41	stock	stock	NOUN
fsr-3239	128	42	investor	investor	NOUN
fsr-3239	128	43	pro	pro	ADJ
fsr-3239	128	44	database	database	NOUN
fsr-3239	128	45	is	be	AUX
fsr-3239	128	46	the	the	DET
fsr-3239	128	47	source	source	NOUN
fsr-3239	128	48	of	of	ADP
fsr-3239	128	49	data	datum	NOUN
fsr-3239	128	50	used	use	VERB
fsr-3239	128	51	to	to	PART
fsr-3239	128	52	run	run	VERB
fsr-3239	128	53	through	through	ADP
fsr-3239	128	54	the	the	DET
fsr-3239	128	55	aaii	aaii	NOUN
fsr-3239	128	56	screens	screen	NOUN
fsr-3239	128	57	and	and	CCONJ
fsr-3239	128	58	create	create	VERB
fsr-3239	128	59	portfolios	portfolio	NOUN
fsr-3239	128	60	.	.	PUNCT
fsr-3239	129	1	the	the	DET
fsr-3239	129	2	database	database	NOUN
fsr-3239	129	3	includes	include	VERB
fsr-3239	129	4	around	around	ADV
fsr-3239	129	5	8,500	8,500	NUM
fsr-3239	129	6	actively	actively	ADV
fsr-3239	129	7	traded	trade	VERB
fsr-3239	129	8	stocks	stock	NOUN
fsr-3239	129	9	and	and	CCONJ
fsr-3239	129	10	adrs	adr	NOUN
fsr-3239	129	11	from	from	ADP
fsr-3239	129	12	the	the	DET
fsr-3239	129	13	u.s	u.s	PROPN
fsr-3239	129	14	.	.	PROPN
fsr-3239	129	15	markets	market	NOUN
fsr-3239	129	16	.	.	PUNCT
fsr-3239	130	1	the	the	DET
fsr-3239	130	2	portfolios	portfolio	NOUN
fsr-3239	130	3	are	be	AUX
fsr-3239	130	4	the	the	DET
fsr-3239	130	5	result	result	NOUN
fsr-3239	130	6	of	of	ADP
fsr-3239	130	7	a	a	DET
fsr-3239	130	8	mechanical	mechanical	ADJ
fsr-3239	130	9	adherence	adherence	NOUN
fsr-3239	130	10	to	to	ADP
fsr-3239	130	11	an	an	DET
fsr-3239	130	12	investment	investment	NOUN
fsr-3239	130	13	style	style	NOUN
fsr-3239	130	14	without	without	ADP
fsr-3239	130	15	emotions	emotion	NOUN
fsr-3239	130	16	entering	enter	VERB
fsr-3239	130	17	into	into	ADP
fsr-3239	130	18	the	the	DET
fsr-3239	130	19	decisions	decision	NOUN
fsr-3239	130	20	.	.	PUNCT
fsr-3239	131	1	aaii	aaii	NOUN
fsr-3239	131	2	sends	send	VERB
fsr-3239	131	3	cds	cd	NOUN
fsr-3239	131	4	to	to	ADP
fsr-3239	131	5	members	member	NOUN
fsr-3239	131	6	each	each	DET
fsr-3239	131	7	month	month	NOUN
fsr-3239	131	8	and	and	CCONJ
fsr-3239	131	9	current	current	ADJ
fsr-3239	131	10	financial	financial	ADJ
fsr-3239	131	11	data	datum	NOUN
fsr-3239	131	12	on	on	ADP
fsr-3239	131	13	firms	firm	NOUN
fsr-3239	131	14	in	in	ADP
fsr-3239	131	15	the	the	DET
fsr-3239	131	16	database	database	NOUN
fsr-3239	131	17	may	may	AUX
fsr-3239	131	18	be	be	AUX
fsr-3239	131	19	downloaded	download	VERB
fsr-3239	131	20	each	each	DET
fsr-3239	131	21	week	week	NOUN
fsr-3239	131	22	from	from	ADP
fsr-3239	131	23	the	the	DET
fsr-3239	131	24	aaii	aaii	NOUN
fsr-3239	131	25	website	website	NOUN
fsr-3239	131	26	.	.	PUNCT
fsr-3239	132	1	the	the	DET
fsr-3239	132	2	data	datum	NOUN
fsr-3239	132	3	do	do	AUX
fsr-3239	132	4	not	not	PART
fsr-3239	132	5	include	include	VERB
fsr-3239	132	6	dividend	dividend	NOUN
fsr-3239	132	7	distributions	distribution	NOUN
fsr-3239	132	8	.	.	PUNCT
fsr-3239	133	1	the	the	DET
fsr-3239	133	2	weekly	weekly	ADJ
fsr-3239	133	3	updates	update	NOUN
fsr-3239	133	4	are	be	AUX
fsr-3239	133	5	from	from	ADP
fsr-3239	133	6	reuters	reuter	NOUN
fsr-3239	133	7	as	as	ADP
fsr-3239	133	8	of	of	ADP
fsr-3239	133	9	the	the	DET
fsr-3239	133	10	end	end	NOUN
fsr-3239	133	11	of	of	ADP
fsr-3239	133	12	the	the	DET
fsr-3239	133	13	business	business	NOUN
fsr-3239	133	14	day	day	NOUN
fsr-3239	133	15	on	on	ADP
fsr-3239	133	16	friday	friday	PROPN
fsr-3239	133	17	and	and	CCONJ
fsr-3239	133	18	are	be	AUX
fsr-3239	133	19	available	available	ADJ
fsr-3239	133	20	to	to	ADP
fsr-3239	133	21	investors	investor	NOUN
fsr-3239	133	22	on	on	ADP
fsr-3239	133	23	monday	monday	PROPN
fsr-3239	133	24	of	of	ADP
fsr-3239	133	25	the	the	DET
fsr-3239	133	26	following	following	ADJ
fsr-3239	133	27	week	week	NOUN
fsr-3239	133	28	.	.	PUNCT
fsr-3239	134	1	at	at	ADP
fsr-3239	134	2	the	the	DET
fsr-3239	134	3	end	end	NOUN
fsr-3239	134	4	of	of	ADP
fsr-3239	134	5	each	each	DET
fsr-3239	134	6	month	month	NOUN
fsr-3239	134	7	,	,	PUNCT
fsr-3239	134	8	aaii	aaii	NOUN
fsr-3239	134	9	runs	run	VERB
fsr-3239	134	10	the	the	DET
fsr-3239	134	11	investment	investment	NOUN
fsr-3239	134	12	screens	screen	NOUN
fsr-3239	134	13	and	and	CCONJ
fsr-3239	134	14	then	then	ADV
fsr-3239	134	15	constructs	construct	VERB
fsr-3239	134	16	an	an	DET
fsr-3239	134	17	equally	equally	ADV
fsr-3239	134	18	weighted	weight	VERB
fsr-3239	134	19	portfolio	portfolio	NOUN
fsr-3239	134	20	of	of	ADP
fsr-3239	134	21	stocks	stock	NOUN
fsr-3239	134	22	passing	pass	VERB
fsr-3239	134	23	the	the	DET
fsr-3239	134	24	screen	screen	NOUN
fsr-3239	134	25	.	.	PUNCT
fsr-3239	135	1	the	the	DET
fsr-3239	135	2	holding	hold	VERB
fsr-3239	135	3	period	period	NOUN
fsr-3239	135	4	return	return	NOUN
fsr-3239	135	5	is	be	AUX
fsr-3239	135	6	calculated	calculate	VERB
fsr-3239	135	7	from	from	ADP
fsr-3239	135	8	the	the	DET
fsr-3239	135	9	change	change	NOUN
fsr-3239	135	10	between	between	ADP
fsr-3239	135	11	the	the	DET
fsr-3239	135	12	price	price	NOUN
fsr-3239	135	13	of	of	ADP
fsr-3239	135	14	each	each	DET
fsr-3239	135	15	stock	stock	NOUN
fsr-3239	135	16	on	on	ADP
fsr-3239	135	17	the	the	DET
fsr-3239	135	18	last	last	ADJ
fsr-3239	135	19	trading	trading	NOUN
fsr-3239	135	20	day	day	NOUN
fsr-3239	135	21	of	of	ADP
fsr-3239	135	22	the	the	DET
fsr-3239	135	23	month	month	NOUN
fsr-3239	135	24	to	to	ADP
fsr-3239	135	25	the	the	DET
fsr-3239	135	26	price	price	NOUN
fsr-3239	135	27	on	on	ADP
fsr-3239	135	28	the	the	DET
fsr-3239	135	29	last	last	ADJ
fsr-3239	135	30	trading	trading	NOUN
fsr-3239	135	31	day	day	NOUN
fsr-3239	135	32	of	of	ADP
fsr-3239	135	33	the	the	DET
fsr-3239	135	34	following	follow	VERB
fsr-3239	135	35	month	month	NOUN
fsr-3239	135	36	.	.	PUNCT
fsr-3239	136	1	aaiis	aaiis	ADJ
fsr-3239	136	2	rebalancing	rebalancing	NOUN
fsr-3239	136	3	approach	approach	NOUN
fsr-3239	136	4	sells	sell	VERB
fsr-3239	136	5	all	all	DET
fsr-3239	136	6	securities	security	NOUN
fsr-3239	136	7	at	at	ADP
fsr-3239	136	8	the	the	DET
fsr-3239	136	9	end	end	NOUN
fsr-3239	136	10	of	of	ADP
fsr-3239	136	11	the	the	DET
fsr-3239	136	12	month	month	NOUN
fsr-3239	136	13	and	and	CCONJ
fsr-3239	136	14	buys	buy	VERB
fsr-3239	136	15	all	all	DET
fsr-3239	136	16	securities	security	NOUN
fsr-3239	136	17	passing	pass	VERB
fsr-3239	136	18	the	the	DET
fsr-3239	136	19	screen	screen	NOUN
fsr-3239	136	20	for	for	ADP
fsr-3239	136	21	the	the	DET
fsr-3239	136	22	next	next	ADJ
fsr-3239	136	23	month	month	NOUN
fsr-3239	136	24	.	.	PUNCT
fsr-3239	137	1	the	the	DET
fsr-3239	137	2	turnover	turnover	NOUN
fsr-3239	137	3	approach	approach	NOUN
fsr-3239	137	4	assures	assure	VERB
fsr-3239	137	5	that	that	SCONJ
fsr-3239	137	6	each	each	DET
fsr-3239	137	7	portfolio	portfolio	NOUN
fsr-3239	137	8	is	be	AUX
fsr-3239	137	9	equally	equally	ADV
fsr-3239	137	10	weighted	weight	VERB
fsr-3239	137	11	.	.	PUNCT
fsr-3239	138	1	this	this	DET
fsr-3239	138	2	100	100	NUM
fsr-3239	138	3	%	%	NOUN
fsr-3239	138	4	turnover	turnover	NOUN
fsr-3239	138	5	of	of	ADP
fsr-3239	138	6	the	the	DET
fsr-3239	138	7	portfolio	portfolio	NOUN
fsr-3239	138	8	each	each	DET
fsr-3239	138	9	month	month	NOUN
fsr-3239	138	10	is	be	AUX
fsr-3239	138	11	used	use	VERB
fsr-3239	138	12	by	by	ADP
fsr-3239	138	13	s&c	s&c	PROPN
fsr-3239	138	14	and	and	CCONJ
fsr-3239	138	15	in	in	ADP
fsr-3239	138	16	our	our	PRON
fsr-3239	138	17	extension	extension	NOUN
fsr-3239	138	18	.	.	PUNCT
fsr-3239	139	1	the	the	DET
fsr-3239	139	2	equal	equal	ADJ
fsr-3239	139	3	weighting	weighting	NOUN
fsr-3239	139	4	assumption	assumption	NOUN
fsr-3239	139	5	clearly	clearly	ADV
fsr-3239	139	6	results	result	VERB
fsr-3239	139	7	in	in	ADP
fsr-3239	139	8	high	high	ADJ
fsr-3239	139	9	turnover	turnover	NOUN
fsr-3239	139	10	and	and	CCONJ
fsr-3239	139	11	transaction	transaction	NOUN
fsr-3239	139	12	costs	cost	NOUN
fsr-3239	139	13	.	.	PUNCT
fsr-3239	140	1	an	an	DET
fsr-3239	140	2	individual	individual	ADJ
fsr-3239	140	3	investor	investor	NOUN
fsr-3239	140	4	would	would	AUX
fsr-3239	140	5	incur	incur	VERB
fsr-3239	140	6	lower	low	ADJ
fsr-3239	140	7	costs	cost	NOUN
fsr-3239	140	8	with	with	ADP
fsr-3239	140	9	less	less	ADV
fsr-3239	140	10	frequent	frequent	ADJ
fsr-3239	140	11	162	162	NUM
fsr-3239	140	12	d.s	d.s	PROPN
fsr-3239	140	13	.	.	PROPN
fsr-3239	140	14	north	north	PROPN
fsr-3239	140	15	,	,	PUNCT
fsr-3239	140	16	j.l	j.l	PROPN
fsr-3239	140	17	.	.	PROPN
fsr-3239	140	18	stevens	stevens	PROPN
fsr-3239	140	19	/	/	SYM
fsr-3239	140	20	financial	financial	ADJ
fsr-3239	140	21	services	service	NOUN
fsr-3239	140	22	review	review	VERB
fsr-3239	140	23	24	24	NUM
fsr-3239	140	24	(	(	PUNCT
fsr-3239	140	25	2015	2015	NUM
fsr-3239	140	26	)	)	PUNCT
fsr-3239	140	27	157–176	157–176	NUM
fsr-3239	140	28	rebalancing	rebalancing	NOUN
fsr-3239	140	29	or	or	CCONJ
fsr-3239	140	30	with	with	ADP
fsr-3239	140	31	an	an	DET
fsr-3239	140	32	alternative	alternative	ADJ
fsr-3239	140	33	weighting	weighting	NOUN
fsr-3239	140	34	scheme	scheme	NOUN
fsr-3239	140	35	.	.	PUNCT
fsr-3239	141	1	a	a	DET
fsr-3239	141	2	key	key	ADJ
fsr-3239	141	3	point	point	NOUN
fsr-3239	141	4	in	in	ADP
fsr-3239	141	5	the	the	DET
fsr-3239	141	6	analysis	analysis	NOUN
fsr-3239	141	7	is	be	AUX
fsr-3239	141	8	that	that	SCONJ
fsr-3239	141	9	we	we	PRON
fsr-3239	141	10	use	use	VERB
fsr-3239	141	11	the	the	DET
fsr-3239	141	12	same	same	ADJ
fsr-3239	141	13	approach	approach	NOUN
fsr-3239	141	14	to	to	ADP
fsr-3239	141	15	transaction	transaction	NOUN
fsr-3239	141	16	costs	cost	NOUN
fsr-3239	141	17	as	as	ADP
fsr-3239	141	18	s&c	s&c	PROPN
fsr-3239	141	19	for	for	ADP
fsr-3239	141	20	comparison	comparison	NOUN
fsr-3239	141	21	purposes	purpose	NOUN
fsr-3239	141	22	.	.	PUNCT
fsr-3239	142	1	4	4	X
fsr-3239	142	2	.	.	NOUN
fsr-3239	142	3	theoretical	theoretical	ADJ
fsr-3239	142	4	and	and	CCONJ
fsr-3239	142	5	practical	practical	ADJ
fsr-3239	142	6	issues	issue	NOUN
fsr-3239	142	7	for	for	ADP
fsr-3239	142	8	performance	performance	NOUN
fsr-3239	142	9	tests	test	NOUN
fsr-3239	142	10	to	to	PART
fsr-3239	142	11	test	test	NOUN
fsr-3239	142	12	claims	claim	NOUN
fsr-3239	142	13	made	make	VERB
fsr-3239	142	14	by	by	ADP
fsr-3239	142	15	aaii	aaii	NOUN
fsr-3239	142	16	about	about	ADP
fsr-3239	142	17	the	the	DET
fsr-3239	142	18	value	value	NOUN
fsr-3239	142	19	of	of	ADP
fsr-3239	142	20	their	their	PRON
fsr-3239	142	21	screening	screening	NOUN
fsr-3239	142	22	services	service	NOUN
fsr-3239	142	23	,	,	PUNCT
fsr-3239	142	24	s&c	s&c	PROPN
fsr-3239	142	25	use	use	VERB
fsr-3239	142	26	the	the	DET
fsr-3239	142	27	same	same	ADJ
fsr-3239	142	28	portfolio	portfolio	NOUN
fsr-3239	142	29	performance	performance	NOUN
fsr-3239	142	30	measures	measure	NOUN
fsr-3239	142	31	that	that	PRON
fsr-3239	142	32	aaii	aaii	VERB
fsr-3239	142	33	provides	provide	VERB
fsr-3239	142	34	.	.	PUNCT
fsr-3239	143	1	the	the	DET
fsr-3239	143	2	measures	measure	NOUN
fsr-3239	143	3	include	include	VERB
fsr-3239	143	4	comparitable	comparitable	ADJ
fsr-3239	143	5	1	1	NUM
fsr-3239	143	6	names	name	NOUN
fsr-3239	143	7	and	and	CCONJ
fsr-3239	143	8	style	style	NOUN
fsr-3239	143	9	classification	classification	NOUN
fsr-3239	143	10	of	of	ADP
fsr-3239	143	11	the	the	DET
fsr-3239	143	12	56	56	NUM
fsr-3239	143	13	aaii	aaii	NOUN
fsr-3239	143	14	portfolio	portfolio	NOUN
fsr-3239	143	15	screens	screen	NOUN
fsr-3239	143	16	in	in	ADP
fsr-3239	143	17	this	this	DET
fsr-3239	143	18	study	study	NOUN
fsr-3239	143	19	value	value	NOUN
fsr-3239	143	20	screensa	screensa	NOUN
fsr-3239	143	21	growth	growth	NOUN
fsr-3239	143	22	/	/	SYM
fsr-3239	143	23	value	value	NOUN
fsr-3239	143	24	screens	screen	NOUN
fsr-3239	143	25	cash	cash	VERB
fsr-3239	143	26	rich	rich	ADJ
fsr-3239	143	27	firms	firm	NOUN
fsr-3239	143	28	buffett	buffett	PROPN
fsr-3239	143	29	-	-	PUNCT
fsr-3239	143	30	hangstrom	hangstrom	PROPN
fsr-3239	143	31	dividend	dividend	NOUN
fsr-3239	143	32	(	(	PUNCT
fsr-3239	143	33	high	high	ADJ
fsr-3239	143	34	relative	relative	ADJ
fsr-3239	143	35	yield	yield	NOUN
fsr-3239	143	36	)	)	PUNCT
fsr-3239	143	37	buffettology	buffettology	NOUN
fsr-3239	143	38	-	-	PUNCT
fsr-3239	143	39	eps	eps	NOUN
fsr-3239	143	40	growth	growth	NOUN
fsr-3239	143	41	dogs	dog	NOUN
fsr-3239	143	42	of	of	ADP
fsr-3239	143	43	the	the	DET
fsr-3239	143	44	dow	dow	PROPN
fsr-3239	143	45	buffettology	buffettology	NOUN
fsr-3239	143	46	-	-	PUNCT
fsr-3239	143	47	sustainable	sustainable	ADJ
fsr-3239	143	48	growth	growth	NOUN
fsr-3239	143	49	dogs	dog	NOUN
fsr-3239	143	50	of	of	ADP
fsr-3239	143	51	the	the	DET
fsr-3239	143	52	dow	dow	NOUN
fsr-3239	143	53	low	low	ADV
fsr-3239	143	54	priced	price	VERB
fsr-3239	143	55	5	5	NUM
fsr-3239	143	56	fisher	fisher	NOUN
fsr-3239	143	57	(	(	PUNCT
fsr-3239	143	58	philip	philip	PROPN
fsr-3239	143	59	dreman	dreman	PROPN
fsr-3239	143	60	lynch	lynch	PROPN
fsr-3239	143	61	dividend	dividend	PROPN
fsr-3239	143	62	screen	screen	PROPN
fsr-3239	143	63	–	–	PUNCT
fsr-3239	143	64	drps	drps	PROPN
fsr-3239	143	65	muhlenkamp	muhlenkamp	ADJ
fsr-3239	143	66	dividend	dividend	NOUN
fsr-3239	143	67	screen	screen	NOUN
fsr-3239	143	68	–	–	PUNCT
fsr-3239	143	69	non	non	ADJ
fsr-3239	143	70	-	-	ADJ
fsr-3239	143	71	drps	drps	ADJ
fsr-3239	143	72	o’shaughnessy	o’shaughnessy	ADJ
fsr-3239	143	73	-	-	PUNCT
fsr-3239	143	74	growth	growth	NOUN
fsr-3239	143	75	price	price	NOUN
fsr-3239	143	76	-	-	PUNCT
fsr-3239	143	77	to	to	ADP
fsr-3239	143	78	-	-	PUNCT
fsr-3239	143	79	free	free	ADJ
fsr-3239	143	80	-	-	PUNCT
fsr-3239	143	81	cash	cash	NOUN
fsr-3239	143	82	-	-	PUNCT
fsr-3239	143	83	flow	flow	NOUN
fsr-3239	143	84	oshaughnessy	oshaughnessy	NOUN
fsr-3239	143	85	small	small	ADJ
fsr-3239	143	86	cap	cap	NOUN
fsr-3239	143	87	gr	gr	PROPN
fsr-3239	143	88	.	.	PROPN
fsr-3239	143	89	&	&	CCONJ
fsr-3239	143	90	value	value	NOUN
fsr-3239	143	91	price	price	NOUN
fsr-3239	143	92	changeb	changeb	NOUN
fsr-3239	143	93	fundamental	fundamental	ADJ
fsr-3239	143	94	rule	rule	NOUN
fsr-3239	143	95	of	of	ADP
fsr-3239	143	96	thumb	thumb	NOUN
fsr-3239	143	97	oberweis	oberweis	PROPN
fsr-3239	143	98	octagon	octagon	PROPN
fsr-3239	143	99	graham	graham	PROPN
fsr-3239	143	100	defensive	defensive	PROPN
fsr-3239	143	101	investor	investor	NOUN
fsr-3239	143	102	non	non	ADJ
fsr-3239	143	103	-	-	ADJ
fsr-3239	143	104	utility	utility	ADJ
fsr-3239	143	105	value	value	NOUN
fsr-3239	143	106	on	on	ADP
fsr-3239	143	107	the	the	DET
fsr-3239	143	108	move	move	NOUN
fsr-3239	143	109	-	-	PUNCT
fsr-3239	143	110	peg	peg	NOUN
fsr-3239	143	111	with	with	ADP
fsr-3239	143	112	est	est	X
fsr-3239	143	113	growth	growth	NOUN
fsr-3239	143	114	graham	graham	PROPN
fsr-3239	143	115	enterprising	enterprise	VERB
fsr-3239	143	116	investor	investor	NOUN
fsr-3239	143	117	ibd	ibd	PROPN
fsr-3239	143	118	stable	stable	ADJ
fsr-3239	143	119	70	70	NUM
fsr-3239	143	120	price	price	NOUN
fsr-3239	143	121	to	to	ADP
fsr-3239	143	122	sales	sale	NOUN
fsr-3239	143	123	lakonishok	lakonishok	NOUN
fsr-3239	143	124	t.	t.	PROPN
fsr-3239	143	125	rowe	rowe	PROPN
fsr-3239	143	126	price	price	PROPN
fsr-3239	143	127	neff	neff	PROPN
fsr-3239	143	128	templeton	templeton	PROPN
fsr-3239	143	129	o’shaughnessy	o’shaughnessy	PROPN
fsr-3239	143	130	-	-	PUNCT
fsr-3239	143	131	value	value	NOUN
fsr-3239	143	132	wanger	wanger	NOUN
fsr-3239	143	133	(	(	PUNCT
fsr-3239	143	134	revised	revise	VERB
fsr-3239	143	135	)	)	PUNCT
fsr-3239	143	136	p	p	X
fsr-3239	143	137	/	/	SYM
fsr-3239	143	138	e	e	X
fsr-3239	143	139	rrelative	rrelative	ADJ
fsr-3239	143	140	stock	stock	NOUN
fsr-3239	143	141	market	market	NOUN
fsr-3239	143	142	winners	winner	NOUN
fsr-3239	143	143	piotroski	piotroski	PROPN
fsr-3239	143	144	zweig	zweig	PROPN
fsr-3239	143	145	weiss	weiss	VERB
fsr-3239	143	146	blue	blue	ADJ
fsr-3239	143	147	chip	chip	NOUN
fsr-3239	143	148	dividend	dividend	NOUN
fsr-3239	143	149	yield	yield	NOUN
fsr-3239	143	150	magnet	magnet	PROPN
fsr-3239	143	151	simple	simple	ADJ
fsr-3239	143	152	price	price	NOUN
fsr-3239	143	153	changeb	changeb	NOUN
fsr-3239	143	154	speciality	speciality	NOUN
fsr-3239	143	155	/	/	SYM
fsr-3239	143	156	sector	sector	NOUN
fsr-3239	143	157	piotroski	piotroski	ADJ
fsr-3239	143	158	high	high	ADJ
fsr-3239	143	159	f	f	NOUN
fsr-3239	143	160	-	-	PUNCT
fsr-3239	143	161	score	score	NOUN
fsr-3239	143	162	price	price	NOUN
fsr-3239	143	163	changeb	changeb	NOUN
fsr-3239	143	164	adrs	adrs	PROPN
fsr-3239	143	165	schloss	schloss	PROPN
fsr-3239	143	166	price	price	PROPN
fsr-3239	143	167	changeb	changeb	NOUN
fsr-3239	143	168	dual	dual	ADJ
fsr-3239	143	169	cash	cash	NOUN
fsr-3239	143	170	flow	flow	NOUN
fsr-3239	143	171	magic	magic	ADJ
fsr-3239	143	172	formula	formula	NOUN
fsr-3239	143	173	price	price	NOUN
fsr-3239	143	174	changeb	changeb	NOUN
fsr-3239	143	175	estimated	estimate	VERB
fsr-3239	143	176	revisions	revision	NOUN
fsr-3239	143	177	down	down	ADP
fsr-3239	143	178	rule	rule	NOUN
fsr-3239	143	179	#	#	SYM
fsr-3239	143	180	1	1	NUM
fsr-3239	143	181	investing	investing	NOUN
fsr-3239	143	182	price	price	NOUN
fsr-3239	143	183	changeb	changeb	NOUN
fsr-3239	143	184	estimated	estimate	VERB
fsr-3239	143	185	revisions	revision	NOUN
fsr-3239	143	186	up	up	ADP
fsr-3239	143	187	oshaughnessy	oshaughnessy	NOUN
fsr-3239	143	188	tiny	tiny	ADJ
fsr-3239	143	189	titans	titan	NOUN
fsr-3239	143	190	price	price	NOUN
fsr-3239	143	191	changeb	changeb	NOUN
fsr-3239	143	192	estimated	estimate	VERB
fsr-3239	143	193	revisions	revision	NOUN
fsr-3239	143	194	up	up	ADP
fsr-3239	143	195	5	5	NUM
fsr-3239	143	196	%	%	NOUN
fsr-3239	143	197	graham	graham	PROPN
fsr-3239	143	198	defensive	defensive	ADJ
fsr-3239	143	199	investor	investor	NOUN
fsr-3239	143	200	(	(	PUNCT
fsr-3239	143	201	utility	utility	NOUN
fsr-3239	143	202	)	)	PUNCT
fsr-3239	143	203	murphy	murphy	NOUN
fsr-3239	143	204	technology	technology	NOUN
fsr-3239	143	205	growth	growth	NOUN
fsr-3239	143	206	screens	screen	NOUN
fsr-3239	143	207	o’neil	o’neil	PROPN
fsr-3239	143	208	’s	’s	PART
fsr-3239	143	209	canslim	canslim	PROPN
fsr-3239	143	210	screens	screen	NOUN
fsr-3239	143	211	used	use	VERB
fsr-3239	143	212	in	in	ADP
fsr-3239	143	213	the	the	DET
fsr-3239	143	214	s&c	s&c	PROPN
fsr-3239	143	215	study	study	NOUN
fsr-3239	143	216	but	but	CCONJ
fsr-3239	143	217	not	not	PART
fsr-3239	143	218	this	this	DET
fsr-3239	143	219	studyc	studyc	ADJ
fsr-3239	143	220	o’neils	o’neil	NOUN
fsr-3239	143	221	’s	’s	PART
fsr-3239	143	222	canslim	canslim	NOUN
fsr-3239	143	223	revised	revise	VERB
fsr-3239	143	224	3rd	3rd	ADJ
fsr-3239	143	225	ed	ed	NOUN
fsr-3239	143	226	.	.	PUNCT
fsr-3239	144	1	dreman	dreman	PROPN
fsr-3239	144	2	revised	revise	VERB
fsr-3239	144	3	(	(	PUNCT
fsr-3239	144	4	no	no	ADV
fsr-3239	144	5	longer	long	ADV
fsr-3239	144	6	in	in	ADP
fsr-3239	144	7	aaii	aaii	NOUN
fsr-3239	144	8	data	datum	NOUN
fsr-3239	144	9	)	)	PUNCT
fsr-3239	144	10	foolish	foolish	ADJ
fsr-3239	144	11	small	small	ADJ
fsr-3239	144	12	cap	cap	NOUN
fsr-3239	144	13	8	8	NUM
fsr-3239	144	14	all	all	DET
fsr-3239	144	15	drps	drps	PROPN
fsr-3239	144	16	(	(	PUNCT
fsr-3239	144	17	not	not	PART
fsr-3239	144	18	classified	classified	ADJ
fsr-3239	144	19	)	)	PUNCT
fsr-3239	144	20	foolish	foolish	ADJ
fsr-3239	144	21	small	small	ADJ
fsr-3239	144	22	cap	cap	NOUN
fsr-3239	144	23	8	8	NUM
fsr-3239	144	24	revised	revise	VERB
fsr-3239	144	25	estimated	estimate	VERB
fsr-3239	144	26	revisions	revision	NOUN
fsr-3239	144	27	down	down	ADP
fsr-3239	144	28	lowest	low	ADJ
fsr-3239	144	29	30	30	NUM
fsr-3239	144	30	(	(	PUNCT
fsr-3239	144	31	not	not	PART
fsr-3239	144	32	classified	classified	ADJ
fsr-3239	144	33	)	)	PUNCT
fsr-3239	144	34	ibd	ibd	PROPN
fsr-3239	144	35	stable	stable	ADJ
fsr-3239	144	36	70	70	NUM
fsr-3239	144	37	estimated	estimate	VERB
fsr-3239	144	38	revisions	revision	NOUN
fsr-3239	144	39	up	up	ADP
fsr-3239	144	40	top	top	ADJ
fsr-3239	144	41	30	30	NUM
fsr-3239	144	42	(	(	PUNCT
fsr-3239	144	43	not	not	PART
fsr-3239	144	44	classified	classified	ADJ
fsr-3239	144	45	)	)	PUNCT
fsr-3239	144	46	inve$tware	inve$tware	VERB
fsr-3239	144	47	quality	quality	NOUN
fsr-3239	144	48	growth	growth	NOUN
fsr-3239	144	49	low	low	ADJ
fsr-3239	144	50	price	price	NOUN
fsr-3239	144	51	to	to	ADP
fsr-3239	144	52	book	book	NOUN
fsr-3239	144	53	ratio	ratio	NOUN
fsr-3239	144	54	(	(	PUNCT
fsr-3239	144	55	no	no	ADV
fsr-3239	144	56	longer	long	ADV
fsr-3239	144	57	in	in	ADP
fsr-3239	144	58	aaii	aaii	NOUN
fsr-3239	144	59	data	datum	NOUN
fsr-3239	144	60	)	)	PUNCT
fsr-3239	144	61	return	return	NOUN
fsr-3239	144	62	on	on	ADP
fsr-3239	144	63	equity	equity	NOUN
fsr-3239	144	64	dreman	dreman	NOUN
fsr-3239	144	65	with	with	ADP
fsr-3239	144	66	est	est	PROPN
fsr-3239	144	67	.	.	PUNCT
fsr-3239	145	1	revisions	revision	NOUN
fsr-3239	145	2	(	(	PUNCT
fsr-3239	145	3	not	not	PART
fsr-3239	145	4	classified	classified	ADJ
fsr-3239	145	5	)	)	PUNCT
fsr-3239	145	6	magnet	magnet	NOUN
fsr-3239	145	7	complex	complex	ADJ
fsr-3239	145	8	price	price	NOUN
fsr-3239	145	9	changeb	changeb	NOUN
fsr-3239	145	10	estimated	estimate	VERB
fsr-3239	145	11	revisions	revision	NOUN
fsr-3239	145	12	down	down	ADP
fsr-3239	145	13	(	(	PUNCT
fsr-3239	145	14	no	no	ADV
fsr-3239	145	15	longer	long	ADV
fsr-3239	145	16	in	in	ADP
fsr-3239	145	17	aaii	aaii	NOUN
fsr-3239	145	18	data	datum	NOUN
fsr-3239	145	19	)	)	PUNCT
fsr-3239	145	20	oshaughnessy	oshaughnessy	NOUN
fsr-3239	145	21	growth	growth	NOUN
fsr-3239	145	22	mkt	mkt	PROPN
fsr-3239	145	23	leaders	leader	NOUN
fsr-3239	145	24	price	price	NOUN
fsr-3239	145	25	changeb	changeb	NOUN
fsr-3239	145	26	a	a	DET
fsr-3239	145	27	screen	screen	NOUN
fsr-3239	145	28	names	name	NOUN
fsr-3239	145	29	and	and	CCONJ
fsr-3239	145	30	classifications	classification	NOUN
fsr-3239	145	31	are	be	AUX
fsr-3239	145	32	determined	determine	VERB
fsr-3239	145	33	by	by	ADP
fsr-3239	145	34	aaii	aaii	NOUN
fsr-3239	145	35	.	.	PUNCT
fsr-3239	146	1	b	b	X
fsr-3239	146	2	there	there	PRON
fsr-3239	146	3	are	be	VERB
fsr-3239	146	4	nine	nine	NUM
fsr-3239	146	5	portfolio	portfolio	NOUN
fsr-3239	146	6	screens	screen	NOUN
fsr-3239	146	7	in	in	ADP
fsr-3239	146	8	this	this	DET
fsr-3239	146	9	study	study	NOUN
fsr-3239	146	10	that	that	PRON
fsr-3239	146	11	were	be	AUX
fsr-3239	146	12	not	not	PART
fsr-3239	146	13	available	available	ADJ
fsr-3239	146	14	in	in	ADP
fsr-3239	146	15	the	the	DET
fsr-3239	146	16	c&s	c&s	PROPN
fsr-3239	146	17	study	study	NOUN
fsr-3239	146	18	.	.	PUNCT
fsr-3239	147	1	these	these	DET
fsr-3239	147	2	portfolio	portfolio	NOUN
fsr-3239	147	3	screen	screen	NOUN
fsr-3239	147	4	names	name	NOUN
fsr-3239	147	5	appear	appear	VERB
fsr-3239	147	6	in	in	ADP
fsr-3239	147	7	italics	italic	NOUN
fsr-3239	147	8	.	.	PUNCT
fsr-3239	148	1	aaii	aaii	VERB
fsr-3239	148	2	added	add	VERB
fsr-3239	148	3	complete	complete	ADJ
fsr-3239	148	4	data	datum	NOUN
fsr-3239	148	5	for	for	ADP
fsr-3239	148	6	these	these	DET
fsr-3239	148	7	portfolios	portfolio	NOUN
fsr-3239	148	8	after	after	SCONJ
fsr-3239	148	9	the	the	DET
fsr-3239	148	10	s&c	s&c	PROPN
fsr-3239	148	11	study	study	NOUN
fsr-3239	148	12	was	be	AUX
fsr-3239	148	13	conducted	conduct	VERB
fsr-3239	148	14	.	.	PUNCT
fsr-3239	149	1	c	c	X
fsr-3239	149	2	there	there	PRON
fsr-3239	149	3	are	be	VERB
fsr-3239	149	4	seven	seven	NUM
fsr-3239	149	5	portfolio	portfolio	NOUN
fsr-3239	149	6	screens	screen	NOUN
fsr-3239	149	7	in	in	ADP
fsr-3239	149	8	the	the	DET
fsr-3239	149	9	c&s	c&s	PROPN
fsr-3239	149	10	study	study	NOUN
fsr-3239	149	11	that	that	PRON
fsr-3239	149	12	are	be	AUX
fsr-3239	149	13	not	not	PART
fsr-3239	149	14	used	use	VERB
fsr-3239	149	15	in	in	ADP
fsr-3239	149	16	this	this	DET
fsr-3239	149	17	study	study	NOUN
fsr-3239	149	18	.	.	PUNCT
fsr-3239	150	1	we	we	PRON
fsr-3239	150	2	deleted	delete	VERB
fsr-3239	150	3	a	a	DET
fsr-3239	150	4	screen	screen	NOUN
fsr-3239	150	5	if	if	SCONJ
fsr-3239	150	6	it	it	PRON
fsr-3239	150	7	had	have	VERB
fsr-3239	150	8	complete	complete	ADJ
fsr-3239	150	9	data	datum	NOUN
fsr-3239	150	10	over	over	ADP
fsr-3239	150	11	the	the	DET
fsr-3239	150	12	entire	entire	ADJ
fsr-3239	150	13	study	study	NOUN
fsr-3239	150	14	period	period	NOUN
fsr-3239	150	15	or	or	CCONJ
fsr-3239	150	16	if	if	SCONJ
fsr-3239	150	17	the	the	DET
fsr-3239	150	18	screen	screen	NOUN
fsr-3239	150	19	style	style	NOUN
fsr-3239	150	20	could	could	AUX
fsr-3239	150	21	not	not	PART
fsr-3239	150	22	be	be	AUX
fsr-3239	150	23	classified	classify	VERB
fsr-3239	150	24	.	.	PUNCT
fsr-3239	151	1	163d.s	163d.s	X
fsr-3239	151	2	.	.	PUNCT
fsr-3239	152	1	north	north	PROPN
fsr-3239	152	2	,	,	PUNCT
fsr-3239	152	3	j.l	j.l	PROPN
fsr-3239	152	4	.	.	PROPN
fsr-3239	152	5	stevens	stevens	PROPN
fsr-3239	152	6	/	/	SYM
fsr-3239	152	7	financial	financial	ADJ
fsr-3239	152	8	services	service	NOUN
fsr-3239	152	9	review	review	VERB
fsr-3239	152	10	24	24	NUM
fsr-3239	152	11	(	(	PUNCT
fsr-3239	152	12	2015	2015	NUM
fsr-3239	152	13	)	)	PUNCT
fsr-3239	152	14	157–176	157–176	NUM
fsr-3239	152	15	sons	son	NOUN
fsr-3239	152	16	with	with	ADP
fsr-3239	152	17	the	the	DET
fsr-3239	152	18	s&p	s&p	PROPN
fsr-3239	152	19	index	index	NOUN
fsr-3239	152	20	returns	return	NOUN
fsr-3239	152	21	,	,	PUNCT
fsr-3239	152	22	comparisons	comparison	NOUN
fsr-3239	152	23	with	with	ADP
fsr-3239	152	24	the	the	DET
fsr-3239	152	25	best	good	ADJ
fsr-3239	152	26	-	-	PUNCT
fsr-3239	152	27	fit	fit	ADJ
fsr-3239	152	28	index	index	NOUN
fsr-3239	152	29	returns	return	NOUN
fsr-3239	152	30	,	,	PUNCT
fsr-3239	152	31	and	and	CCONJ
fsr-3239	152	32	sharpe	sharpe	PROPN
fsr-3239	152	33	ratios	ratio	NOUN
fsr-3239	152	34	.	.	PUNCT
fsr-3239	153	1	these	these	DET
fsr-3239	153	2	comparisons	comparison	NOUN
fsr-3239	153	3	are	be	AUX
fsr-3239	153	4	made	make	VERB
fsr-3239	153	5	with	with	ADP
fsr-3239	153	6	and	and	CCONJ
fsr-3239	153	7	without	without	ADP
fsr-3239	153	8	transaction	transaction	NOUN
fsr-3239	153	9	costs	cost	NOUN
fsr-3239	153	10	.	.	PUNCT
fsr-3239	154	1	tests	test	NOUN
fsr-3239	154	2	for	for	ADP
fsr-3239	154	3	statistical	statistical	ADJ
fsr-3239	154	4	differences	difference	NOUN
fsr-3239	154	5	in	in	ADP
fsr-3239	154	6	average	average	ADJ
fsr-3239	154	7	portfolio	portfolio	NOUN
fsr-3239	154	8	returns	return	NOUN
fsr-3239	154	9	and	and	CCONJ
fsr-3239	154	10	the	the	DET
fsr-3239	154	11	benchmark	benchmark	NOUN
fsr-3239	154	12	indexes	index	NOUN
fsr-3239	154	13	are	be	AUX
fsr-3239	154	14	also	also	ADV
fsr-3239	154	15	conducted	conduct	VERB
fsr-3239	154	16	by	by	ADP
fsr-3239	154	17	s&c	s&c	PROPN
fsr-3239	154	18	.	.	PUNCT
fsr-3239	155	1	we	we	PRON
fsr-3239	155	2	expand	expand	VERB
fsr-3239	155	3	the	the	DET
fsr-3239	155	4	analysis	analysis	NOUN
fsr-3239	155	5	of	of	ADP
fsr-3239	155	6	performance	performance	NOUN
fsr-3239	155	7	measures	measure	NOUN
fsr-3239	155	8	to	to	PART
fsr-3239	155	9	also	also	ADV
fsr-3239	155	10	include	include	VERB
fsr-3239	155	11	a	a	DET
fsr-3239	155	12	comparison	comparison	NOUN
fsr-3239	155	13	of	of	ADP
fsr-3239	155	14	median	median	ADJ
fsr-3239	155	15	returns	return	NOUN
fsr-3239	155	16	of	of	ADP
fsr-3239	155	17	portfolios	portfolio	NOUN
fsr-3239	155	18	with	with	ADP
fsr-3239	155	19	their	their	PRON
fsr-3239	155	20	benchmarks	benchmark	NOUN
fsr-3239	155	21	to	to	PART
fsr-3239	155	22	account	account	VERB
fsr-3239	155	23	for	for	ADP
fsr-3239	155	24	skewing	skew	VERB
fsr-3239	155	25	,	,	PUNCT
fsr-3239	155	26	a	a	DET
fsr-3239	155	27	single	single	ADJ
fsr-3239	155	28	factor	factor	NOUN
fsr-3239	155	29	�	�	PROPN
fsr-3239	155	30	with	with	ADP
fsr-3239	155	31	significance	significance	NOUN
fsr-3239	155	32	tests	test	NOUN
fsr-3239	155	33	,	,	PUNCT
fsr-3239	155	34	and	and	CCONJ
fsr-3239	155	35	a	a	DET
fsr-3239	155	36	three	three	NUM
fsr-3239	155	37	factor	factor	NOUN
fsr-3239	155	38	�	�	NOUN
fsr-3239	155	39	with	with	ADP
fsr-3239	155	40	significance	significance	NOUN
fsr-3239	155	41	tests	test	NOUN
fsr-3239	155	42	for	for	ADP
fsr-3239	155	43	the	the	DET
fsr-3239	155	44	screened	screen	VERB
fsr-3239	155	45	portfolios	portfolio	NOUN
fsr-3239	155	46	.	.	PUNCT
fsr-3239	156	1	following	follow	VERB
fsr-3239	156	2	s&c	s&c	PROPN
fsr-3239	156	3	,	,	PUNCT
fsr-3239	156	4	we	we	PRON
fsr-3239	156	5	also	also	ADV
fsr-3239	156	6	look	look	VERB
fsr-3239	156	7	at	at	ADP
fsr-3239	156	8	the	the	DET
fsr-3239	156	9	measures	measure	NOUN
fsr-3239	156	10	with	with	ADP
fsr-3239	156	11	and	and	CCONJ
fsr-3239	156	12	without	without	ADP
fsr-3239	156	13	transaction	transaction	NOUN
fsr-3239	156	14	costs	cost	NOUN
fsr-3239	156	15	.	.	PUNCT
fsr-3239	157	1	4.1	4.1	NUM
fsr-3239	157	2	.	.	PUNCT
fsr-3239	157	3	index	index	NOUN
fsr-3239	157	4	comparisons	comparison	NOUN
fsr-3239	157	5	aaii	aaii	NOUN
fsr-3239	157	6	provides	provide	VERB
fsr-3239	157	7	16	16	NUM
fsr-3239	157	8	different	different	ADJ
fsr-3239	157	9	equity	equity	NOUN
fsr-3239	157	10	indexes	index	NOUN
fsr-3239	157	11	in	in	ADP
fsr-3239	157	12	its	its	PRON
fsr-3239	157	13	database	database	NOUN
fsr-3239	157	14	.	.	PUNCT
fsr-3239	158	1	following	follow	VERB
fsr-3239	158	2	s&c	s&c	PROPN
fsr-3239	158	3	we	we	PRON
fsr-3239	158	4	identify	identify	VERB
fsr-3239	158	5	a	a	DET
fsr-3239	158	6	best	good	ADJ
fsr-3239	158	7	-	-	PUNCT
fsr-3239	158	8	fit	fit	ADJ
fsr-3239	158	9	index	index	NOUN
fsr-3239	158	10	for	for	ADP
fsr-3239	158	11	each	each	PRON
fsr-3239	158	12	of	of	ADP
fsr-3239	158	13	the	the	DET
fsr-3239	158	14	aaii	aaii	NOUN
fsr-3239	158	15	screened	screen	VERB
fsr-3239	158	16	portfolios	portfolio	NOUN
fsr-3239	158	17	.	.	PUNCT
fsr-3239	159	1	the	the	DET
fsr-3239	159	2	best	well	ADV
fsr-3239	159	3	-	-	PUNCT
fsr-3239	159	4	fit	fit	ADJ
fsr-3239	159	5	index	index	NOUN
fsr-3239	159	6	for	for	ADP
fsr-3239	159	7	a	a	DET
fsr-3239	159	8	given	give	VERB
fsr-3239	159	9	aaii	aaii	NOUN
fsr-3239	159	10	portfolio	portfolio	NOUN
fsr-3239	159	11	is	be	AUX
fsr-3239	159	12	defined	define	VERB
fsr-3239	159	13	as	as	ADP
fsr-3239	159	14	the	the	DET
fsr-3239	159	15	index	index	NOUN
fsr-3239	159	16	with	with	ADP
fsr-3239	159	17	the	the	DET
fsr-3239	159	18	highest	high	ADJ
fsr-3239	159	19	correlation	correlation	NOUN
fsr-3239	159	20	of	of	ADP
fsr-3239	159	21	monthly	monthly	ADJ
fsr-3239	159	22	returns	return	NOUN
fsr-3239	159	23	with	with	ADP
fsr-3239	159	24	the	the	DET
fsr-3239	159	25	aaii	aaii	NOUN
fsr-3239	159	26	portfolio	portfolio	NOUN
fsr-3239	159	27	.	.	PUNCT
fsr-3239	160	1	for	for	ADP
fsr-3239	160	2	each	each	DET
fsr-3239	160	3	aaii	aaii	NOUN
fsr-3239	160	4	portfolio	portfolio	NOUN
fsr-3239	160	5	we	we	PRON
fsr-3239	160	6	use	use	VERB
fsr-3239	160	7	the	the	DET
fsr-3239	160	8	relevant	relevant	ADJ
fsr-3239	160	9	best	good	ADJ
fsr-3239	160	10	-	-	PUNCT
fsr-3239	160	11	fit	fit	NOUN
fsr-3239	160	12	index	index	NOUN
fsr-3239	160	13	as	as	ADP
fsr-3239	160	14	the	the	DET
fsr-3239	160	15	benchmark	benchmark	NOUN
fsr-3239	160	16	for	for	ADP
fsr-3239	160	17	performance	performance	NOUN
fsr-3239	160	18	measurement	measurement	NOUN
fsr-3239	160	19	.	.	PUNCT
fsr-3239	161	1	4.2	4.2	NUM
fsr-3239	161	2	.	.	PUNCT
fsr-3239	161	3	geometric	geometric	ADJ
fsr-3239	161	4	mean	mean	NOUN
fsr-3239	161	5	monthly	monthly	ADJ
fsr-3239	161	6	return	return	NOUN
fsr-3239	161	7	long	long	ADJ
fsr-3239	161	8	run	run	VERB
fsr-3239	161	9	buy	buy	NOUN
fsr-3239	161	10	-	-	PUNCT
fsr-3239	161	11	and	and	CCONJ
fsr-3239	161	12	-	-	PUNCT
fsr-3239	161	13	hold	hold	VERB
fsr-3239	161	14	investors	investor	NOUN
fsr-3239	161	15	who	who	PRON
fsr-3239	161	16	remain	remain	VERB
fsr-3239	161	17	fully	fully	ADV
fsr-3239	161	18	invested	invest	VERB
fsr-3239	161	19	over	over	ADP
fsr-3239	161	20	the	the	DET
fsr-3239	161	21	measurement	measurement	NOUN
fsr-3239	161	22	period	period	NOUN
fsr-3239	161	23	may	may	AUX
fsr-3239	161	24	be	be	AUX
fsr-3239	161	25	satisfied	satisfied	ADJ
fsr-3239	161	26	by	by	ADP
fsr-3239	161	27	beating	beat	VERB
fsr-3239	161	28	a	a	DET
fsr-3239	161	29	passive	passive	ADJ
fsr-3239	161	30	market	market	NOUN
fsr-3239	161	31	index	index	NOUN
fsr-3239	161	32	without	without	ADP
fsr-3239	161	33	risk	risk	NOUN
fsr-3239	161	34	adjustment	adjustment	NOUN
fsr-3239	161	35	.	.	PUNCT
fsr-3239	162	1	risk	risk	NOUN
fsr-3239	162	2	adjustment	adjustment	NOUN
fsr-3239	162	3	of	of	ADP
fsr-3239	162	4	returns	return	NOUN
fsr-3239	162	5	is	be	AUX
fsr-3239	162	6	not	not	PART
fsr-3239	162	7	part	part	NOUN
fsr-3239	162	8	of	of	ADP
fsr-3239	162	9	the	the	DET
fsr-3239	162	10	analysis	analysis	NOUN
fsr-3239	162	11	in	in	ADP
fsr-3239	162	12	this	this	DET
fsr-3239	162	13	case	case	NOUN
fsr-3239	162	14	since	since	SCONJ
fsr-3239	162	15	the	the	DET
fsr-3239	162	16	investor	investor	NOUN
fsr-3239	162	17	will	will	AUX
fsr-3239	162	18	ride	ride	VERB
fsr-3239	162	19	out	out	ADP
fsr-3239	162	20	the	the	DET
fsr-3239	162	21	ups	up	NOUN
fsr-3239	162	22	and	and	CCONJ
fsr-3239	162	23	downs	down	NOUN
fsr-3239	162	24	of	of	ADP
fsr-3239	162	25	the	the	DET
fsr-3239	162	26	market	market	NOUN
fsr-3239	162	27	with	with	ADP
fsr-3239	162	28	no	no	DET
fsr-3239	162	29	intention	intention	NOUN
fsr-3239	162	30	of	of	ADP
fsr-3239	162	31	buying	buying	NOUN
fsr-3239	162	32	or	or	CCONJ
fsr-3239	162	33	selling	sell	VERB
fsr-3239	162	34	in	in	ADP
fsr-3239	162	35	response	response	NOUN
fsr-3239	162	36	to	to	ADP
fsr-3239	162	37	market	market	NOUN
fsr-3239	162	38	moves	move	NOUN
fsr-3239	162	39	.	.	PUNCT
fsr-3239	163	1	a	a	DET
fsr-3239	163	2	typical	typical	ADJ
fsr-3239	163	3	first	first	ADJ
fsr-3239	163	4	step	step	NOUN
fsr-3239	163	5	to	to	ADP
fsr-3239	163	6	analyzing	analyze	VERB
fsr-3239	163	7	performance	performance	NOUN
fsr-3239	163	8	is	be	AUX
fsr-3239	163	9	to	to	PART
fsr-3239	163	10	simply	simply	ADV
fsr-3239	163	11	measure	measure	VERB
fsr-3239	163	12	the	the	DET
fsr-3239	163	13	extent	extent	NOUN
fsr-3239	163	14	to	to	PART
fsr-3239	163	15	which	which	PRON
fsr-3239	163	16	a	a	DET
fsr-3239	163	17	strategy	strategy	NOUN
fsr-3239	163	18	beats	beat	VERB
fsr-3239	163	19	a	a	DET
fsr-3239	163	20	benchmark	benchmark	NOUN
fsr-3239	163	21	over	over	ADP
fsr-3239	163	22	a	a	DET
fsr-3239	163	23	measurement	measurement	NOUN
fsr-3239	163	24	period	period	NOUN
fsr-3239	163	25	.	.	PUNCT
fsr-3239	164	1	s&c	s&c	PROPN
fsr-3239	164	2	take	take	VERB
fsr-3239	164	3	this	this	DET
fsr-3239	164	4	approach	approach	NOUN
fsr-3239	164	5	by	by	ADP
fsr-3239	164	6	measuring	measure	VERB
fsr-3239	164	7	the	the	DET
fsr-3239	164	8	differences	difference	NOUN
fsr-3239	164	9	in	in	ADP
fsr-3239	164	10	cumulative	cumulative	ADJ
fsr-3239	164	11	total	total	ADJ
fsr-3239	164	12	rates	rate	NOUN
fsr-3239	164	13	of	of	ADP
fsr-3239	164	14	return	return	NOUN
fsr-3239	164	15	of	of	ADP
fsr-3239	164	16	aaii	aaii	NOUN
fsr-3239	164	17	strategies	strategy	NOUN
fsr-3239	164	18	and	and	CCONJ
fsr-3239	164	19	the	the	DET
fsr-3239	164	20	relevant	relevant	ADJ
fsr-3239	164	21	benchmarks	benchmark	NOUN
fsr-3239	164	22	.	.	PUNCT
fsr-3239	165	1	the	the	DET
fsr-3239	165	2	cumulative	cumulative	ADJ
fsr-3239	165	3	total	total	ADJ
fsr-3239	165	4	rate	rate	NOUN
fsr-3239	165	5	of	of	ADP
fsr-3239	165	6	return	return	NOUN
fsr-3239	165	7	comparison	comparison	NOUN
fsr-3239	165	8	is	be	AUX
fsr-3239	165	9	equivalent	equivalent	ADJ
fsr-3239	165	10	to	to	ADP
fsr-3239	165	11	measuring	measure	VERB
fsr-3239	165	12	differences	difference	NOUN
fsr-3239	165	13	between	between	ADP
fsr-3239	165	14	the	the	DET
fsr-3239	165	15	geometric	geometric	ADJ
fsr-3239	165	16	mean	mean	NOUN
fsr-3239	165	17	monthly	monthly	ADJ
fsr-3239	165	18	return	return	NOUN
fsr-3239	165	19	(	(	PUNCT
fsr-3239	165	20	gmmr	gmmr	ADJ
fsr-3239	165	21	)	)	PUNCT
fsr-3239	165	22	of	of	ADP
fsr-3239	165	23	aaii	aaii	NOUN
fsr-3239	165	24	screens	screen	NOUN
fsr-3239	165	25	and	and	CCONJ
fsr-3239	165	26	the	the	DET
fsr-3239	165	27	relevant	relevant	ADJ
fsr-3239	165	28	benchmark	benchmark	NOUN
fsr-3239	165	29	.	.	PUNCT
fsr-3239	166	1	4.3	4.3	NUM
fsr-3239	166	2	.	.	PUNCT
fsr-3239	167	1	mean	mean	VERB
fsr-3239	167	2	monthly	monthly	ADJ
fsr-3239	167	3	return	return	NOUN
fsr-3239	167	4	the	the	DET
fsr-3239	167	5	arithmetic	arithmetic	ADJ
fsr-3239	167	6	mean	mean	ADJ
fsr-3239	167	7	monthly	monthly	ADJ
fsr-3239	167	8	return	return	NOUN
fsr-3239	167	9	(	(	PUNCT
fsr-3239	167	10	ammr	ammr	NOUN
fsr-3239	167	11	)	)	PUNCT
fsr-3239	167	12	is	be	AUX
fsr-3239	167	13	an	an	DET
fsr-3239	167	14	alternative	alternative	NOUN
fsr-3239	167	15	to	to	ADP
fsr-3239	167	16	the	the	DET
fsr-3239	167	17	gmmr	gmmr	ADJ
fsr-3239	167	18	measure	measure	NOUN
fsr-3239	167	19	.	.	PUNCT
fsr-3239	168	1	while	while	SCONJ
fsr-3239	168	2	the	the	DET
fsr-3239	168	3	geometric	geometric	ADJ
fsr-3239	168	4	mean	mean	NOUN
fsr-3239	168	5	reflects	reflect	VERB
fsr-3239	168	6	the	the	DET
fsr-3239	168	7	compounded	compound	VERB
fsr-3239	168	8	return	return	NOUN
fsr-3239	168	9	outcome	outcome	NOUN
fsr-3239	168	10	from	from	ADP
fsr-3239	168	11	an	an	DET
fsr-3239	168	12	investment	investment	NOUN
fsr-3239	168	13	,	,	PUNCT
fsr-3239	168	14	the	the	DET
fsr-3239	168	15	arithmetic	arithmetic	ADJ
fsr-3239	168	16	mean	mean	NOUN
fsr-3239	168	17	is	be	AUX
fsr-3239	168	18	the	the	DET
fsr-3239	168	19	expected	expect	VERB
fsr-3239	168	20	value	value	NOUN
fsr-3239	168	21	of	of	ADP
fsr-3239	168	22	a	a	DET
fsr-3239	168	23	random	random	ADJ
fsr-3239	168	24	return	return	NOUN
fsr-3239	168	25	series	series	NOUN
fsr-3239	168	26	.	.	PUNCT
fsr-3239	169	1	when	when	SCONJ
fsr-3239	169	2	there	there	PRON
fsr-3239	169	3	is	be	VERB
fsr-3239	169	4	skewing	skew	VERB
fsr-3239	169	5	of	of	ADP
fsr-3239	169	6	returns	return	NOUN
fsr-3239	169	7	from	from	ADP
fsr-3239	169	8	outliers	outlier	NOUN
fsr-3239	169	9	the	the	DET
fsr-3239	169	10	median	median	ADJ
fsr-3239	169	11	monthly	monthly	ADJ
fsr-3239	169	12	return	return	NOUN
fsr-3239	169	13	(	(	PUNCT
fsr-3239	169	14	mdmr	mdmr	NOUN
fsr-3239	169	15	)	)	PUNCT
fsr-3239	169	16	is	be	AUX
fsr-3239	169	17	a	a	DET
fsr-3239	169	18	better	well	ADJ
fsr-3239	169	19	measure	measure	NOUN
fsr-3239	169	20	of	of	ADP
fsr-3239	169	21	the	the	DET
fsr-3239	169	22	“	"	PUNCT
fsr-3239	169	23	typical	typical	ADJ
fsr-3239	169	24	”	"	PUNCT
fsr-3239	169	25	portfolio	portfolio	NOUN
fsr-3239	169	26	performance	performance	NOUN
fsr-3239	169	27	than	than	ADP
fsr-3239	169	28	the	the	DET
fsr-3239	169	29	ammr	ammr	NOUN
fsr-3239	169	30	.	.	PUNCT
fsr-3239	170	1	tests	test	NOUN
fsr-3239	170	2	for	for	ADP
fsr-3239	170	3	statistical	statistical	ADJ
fsr-3239	170	4	significance	significance	NOUN
fsr-3239	170	5	of	of	ADP
fsr-3239	170	6	the	the	DET
fsr-3239	170	7	difference	difference	NOUN
fsr-3239	170	8	between	between	ADP
fsr-3239	170	9	the	the	DET
fsr-3239	170	10	portfolio	portfolio	NOUN
fsr-3239	170	11	mean	mean	VERB
fsr-3239	170	12	(	(	PUNCT
fsr-3239	170	13	or	or	CCONJ
fsr-3239	170	14	median	median	ADJ
fsr-3239	170	15	)	)	PUNCT
fsr-3239	170	16	and	and	CCONJ
fsr-3239	170	17	the	the	DET
fsr-3239	170	18	benchmark	benchmark	NOUN
fsr-3239	170	19	offer	offer	VERB
fsr-3239	170	20	additional	additional	ADJ
fsr-3239	170	21	insight	insight	NOUN
fsr-3239	170	22	about	about	ADP
fsr-3239	170	23	performance	performance	NOUN
fsr-3239	170	24	,	,	PUNCT
fsr-3239	170	25	because	because	SCONJ
fsr-3239	170	26	a	a	DET
fsr-3239	170	27	portfolio	portfolio	NOUN
fsr-3239	170	28	’s	’s	PART
fsr-3239	170	29	performance	performance	NOUN
fsr-3239	170	30	may	may	AUX
fsr-3239	170	31	beat	beat	VERB
fsr-3239	170	32	a	a	DET
fsr-3239	170	33	benchmark	benchmark	NOUN
fsr-3239	170	34	because	because	SCONJ
fsr-3239	170	35	of	of	ADP
fsr-3239	170	36	random	random	ADJ
fsr-3239	170	37	chance	chance	NOUN
fsr-3239	170	38	.	.	PUNCT
fsr-3239	171	1	4.4	4.4	NUM
fsr-3239	171	2	.	.	PUNCT
fsr-3239	172	1	the	the	DET
fsr-3239	172	2	sharpe	sharpe	PROPN
fsr-3239	172	3	reward	reward	NOUN
fsr-3239	172	4	for	for	ADP
fsr-3239	172	5	risk	risk	NOUN
fsr-3239	172	6	ratio	ratio	NOUN
fsr-3239	172	7	the	the	DET
fsr-3239	172	8	sharpe	sharpe	PROPN
fsr-3239	172	9	index	index	NOUN
fsr-3239	172	10	is	be	AUX
fsr-3239	172	11	a	a	DET
fsr-3239	172	12	basic	basic	ADJ
fsr-3239	172	13	reward	reward	NOUN
fsr-3239	172	14	-	-	PUNCT
fsr-3239	172	15	for	for	ADP
fsr-3239	172	16	-	-	PUNCT
fsr-3239	172	17	risk	risk	NOUN
fsr-3239	172	18	measure	measure	NOUN
fsr-3239	172	19	used	use	VERB
fsr-3239	172	20	to	to	PART
fsr-3239	172	21	evaluate	evaluate	VERB
fsr-3239	172	22	portfolio	portfolio	NOUN
fsr-3239	172	23	performance	performance	NOUN
fsr-3239	172	24	.	.	PUNCT
fsr-3239	173	1	we	we	PRON
fsr-3239	173	2	use	use	VERB
fsr-3239	173	3	the	the	DET
fsr-3239	173	4	sharpe	sharpe	PROPN
fsr-3239	173	5	ratio	ratio	NOUN
fsr-3239	173	6	defined	define	VERB
fsr-3239	173	7	as	as	ADP
fsr-3239	173	8	the	the	DET
fsr-3239	173	9	excess	excess	ADJ
fsr-3239	173	10	return	return	NOUN
fsr-3239	173	11	(	(	PUNCT
fsr-3239	173	12	rp	rp	PROPN
fsr-3239	173	13	�	�	PROPN
fsr-3239	173	14	rf	rf	NOUN
fsr-3239	173	15	)	)	PUNCT
fsr-3239	173	16	divided	divide	VERB
fsr-3239	173	17	by	by	ADP
fsr-3239	173	18	the	the	DET
fsr-3239	173	19	portfolio	portfolio	NOUN
fsr-3239	173	20	standard	standard	ADJ
fsr-3239	173	21	deviation	deviation	NOUN
fsr-3239	173	22	of	of	ADP
fsr-3239	173	23	returns	return	NOUN
fsr-3239	173	24	(	(	PUNCT
fsr-3239	173	25	�	�	NOUN
fsr-3239	173	26	p	p	NOUN
fsr-3239	173	27	)	)	PUNCT
fsr-3239	173	28	over	over	ADP
fsr-3239	173	29	the	the	DET
fsr-3239	173	30	measurement	measurement	NOUN
fsr-3239	173	31	period	period	NOUN
fsr-3239	173	32	.	.	PUNCT
fsr-3239	174	1	164	164	NUM
fsr-3239	174	2	d.s	d.s	PROPN
fsr-3239	174	3	.	.	PROPN
fsr-3239	174	4	north	north	PROPN
fsr-3239	174	5	,	,	PUNCT
fsr-3239	174	6	j.l	j.l	PROPN
fsr-3239	174	7	.	.	PROPN
fsr-3239	174	8	stevens	stevens	PROPN
fsr-3239	174	9	/	/	SYM
fsr-3239	174	10	financial	financial	ADJ
fsr-3239	174	11	services	service	NOUN
fsr-3239	174	12	review	review	VERB
fsr-3239	174	13	24	24	NUM
fsr-3239	174	14	(	(	PUNCT
fsr-3239	174	15	2015	2015	NUM
fsr-3239	174	16	)	)	PUNCT
fsr-3239	175	1	157–176	157–176	PROPN
fsr-3239	175	2	sharpe	sharpe	PROPN
fsr-3239	175	3	ratio	ratio	PROPN
fsr-3239	175	4	�	�	PROPN
fsr-3239	175	5	(	(	PUNCT
fsr-3239	175	6	rp	rp	PROPN
fsr-3239	175	7	�	�	PROPN
fsr-3239	175	8	rf)/	rf)/	PROPN
fsr-3239	175	9	�	�	PROPN
fsr-3239	175	10	�	�	PROPN
fsr-3239	175	11	p	p	NOUN
fsr-3239	175	12	)	)	PUNCT
fsr-3239	175	13	(	(	PUNCT
fsr-3239	175	14	1	1	X
fsr-3239	175	15	)	)	PUNCT
fsr-3239	175	16	the	the	DET
fsr-3239	175	17	sharpe	sharpe	PROPN
fsr-3239	175	18	index	index	NOUN
fsr-3239	175	19	in	in	ADP
fsr-3239	175	20	eq	eq	ADP
fsr-3239	175	21	.	.	PUNCT
fsr-3239	176	1	(	(	PUNCT
fsr-3239	176	2	1	1	X
fsr-3239	176	3	)	)	PUNCT
fsr-3239	176	4	measures	measure	NOUN
fsr-3239	176	5	portfolio	portfolio	NOUN
fsr-3239	176	6	efficiency	efficiency	NOUN
fsr-3239	176	7	in	in	ADP
fsr-3239	176	8	the	the	DET
fsr-3239	176	9	sense	sense	NOUN
fsr-3239	176	10	that	that	SCONJ
fsr-3239	176	11	a	a	DET
fsr-3239	176	12	higher	high	ADJ
fsr-3239	176	13	sharpe	sharpe	NOUN
fsr-3239	176	14	index	index	NOUN
fsr-3239	176	15	reflects	reflect	VERB
fsr-3239	176	16	a	a	DET
fsr-3239	176	17	better	well	ADJ
fsr-3239	176	18	tradeoff	tradeoff	NOUN
fsr-3239	176	19	between	between	ADP
fsr-3239	176	20	portfolio	portfolio	NOUN
fsr-3239	176	21	returns	return	NOUN
fsr-3239	176	22	and	and	CCONJ
fsr-3239	176	23	total	total	ADJ
fsr-3239	176	24	portfolio	portfolio	NOUN
fsr-3239	176	25	risk	risk	NOUN
fsr-3239	176	26	.	.	PUNCT
fsr-3239	177	1	one	one	NUM
fsr-3239	177	2	limitation	limitation	NOUN
fsr-3239	177	3	of	of	ADP
fsr-3239	177	4	the	the	DET
fsr-3239	177	5	sharpe	sharpe	PROPN
fsr-3239	177	6	ratio	ratio	NOUN
fsr-3239	177	7	is	be	AUX
fsr-3239	177	8	that	that	SCONJ
fsr-3239	177	9	there	there	PRON
fsr-3239	177	10	are	be	VERB
fsr-3239	177	11	no	no	DET
fsr-3239	177	12	tests	test	NOUN
fsr-3239	177	13	of	of	ADP
fsr-3239	177	14	statistically	statistically	ADV
fsr-3239	177	15	significant	significant	ADJ
fsr-3239	177	16	differences	difference	NOUN
fsr-3239	177	17	between	between	ADP
fsr-3239	177	18	sharpe	sharpe	PROPN
fsr-3239	177	19	ratios	ratio	NOUN
fsr-3239	177	20	.	.	PUNCT
fsr-3239	178	1	4.5	4.5	NUM
fsr-3239	178	2	.	.	PUNCT
fsr-3239	179	1	alpha	alpha	NOUN
fsr-3239	179	2	measures	measure	NOUN
fsr-3239	179	3	of	of	ADP
fsr-3239	179	4	portfolio	portfolio	NOUN
fsr-3239	179	5	performance	performance	NOUN
fsr-3239	179	6	and	and	CCONJ
fsr-3239	179	7	factor	factor	NOUN
fsr-3239	179	8	models	model	NOUN
fsr-3239	179	9	in	in	ADP
fsr-3239	179	10	theory	theory	NOUN
fsr-3239	179	11	,	,	PUNCT
fsr-3239	179	12	good	good	ADJ
fsr-3239	179	13	performance	performance	NOUN
fsr-3239	179	14	is	be	AUX
fsr-3239	179	15	measured	measure	VERB
fsr-3239	179	16	as	as	ADP
fsr-3239	179	17	a	a	DET
fsr-3239	179	18	statistically	statistically	ADV
fsr-3239	179	19	significant	significant	ADJ
fsr-3239	179	20	excess	excess	ADJ
fsr-3239	179	21	risk	risk	NOUN
fsr-3239	179	22	-	-	PUNCT
fsr-3239	179	23	adjusted	adjust	VERB
fsr-3239	179	24	return	return	NOUN
fsr-3239	179	25	commonly	commonly	ADV
fsr-3239	179	26	called	call	VERB
fsr-3239	179	27	the	the	DET
fsr-3239	179	28	portfolio	portfolio	NOUN
fsr-3239	179	29	’s	’s	PART
fsr-3239	179	30	�	�	PROPN
fsr-3239	179	31	.	.	PUNCT
fsr-3239	180	1	to	to	PART
fsr-3239	180	2	measure	measure	VERB
fsr-3239	180	3	the	the	DET
fsr-3239	180	4	portfolio	portfolio	NOUN
fsr-3239	180	5	�	�	PROPN
fsr-3239	180	6	there	there	PRON
fsr-3239	180	7	must	must	AUX
fsr-3239	180	8	first	first	ADV
fsr-3239	180	9	be	be	AUX
fsr-3239	180	10	a	a	DET
fsr-3239	180	11	model	model	NOUN
fsr-3239	180	12	that	that	PRON
fsr-3239	180	13	specifies	specify	VERB
fsr-3239	180	14	the	the	DET
fsr-3239	180	15	risk	risk	NOUN
fsr-3239	180	16	factors	factor	NOUN
fsr-3239	180	17	and	and	CCONJ
fsr-3239	180	18	risk	risk	NOUN
fsr-3239	180	19	premiums	premium	NOUN
fsr-3239	180	20	leading	lead	VERB
fsr-3239	180	21	to	to	ADP
fsr-3239	180	22	an	an	DET
fsr-3239	180	23	expected	expect	VERB
fsr-3239	180	24	return	return	NOUN
fsr-3239	180	25	(	(	PUNCT
fsr-3239	180	26	rp	rp	NOUN
fsr-3239	180	27	)	)	PUNCT
fsr-3239	180	28	.	.	PUNCT
fsr-3239	181	1	the	the	DET
fsr-3239	181	2	single	single	ADJ
fsr-3239	181	3	-	-	PUNCT
fsr-3239	181	4	factor	factor	NOUN
fsr-3239	181	5	model	model	NOUN
fsr-3239	181	6	introduced	introduce	VERB
fsr-3239	181	7	by	by	ADP
fsr-3239	181	8	sharpe	sharpe	PROPN
fsr-3239	181	9	(	(	PUNCT
fsr-3239	181	10	1963	1963	NUM
fsr-3239	181	11	)	)	PUNCT
fsr-3239	181	12	is	be	AUX
fsr-3239	181	13	consistent	consistent	ADJ
fsr-3239	181	14	with	with	ADP
fsr-3239	181	15	the	the	DET
fsr-3239	181	16	capital	capital	NOUN
fsr-3239	181	17	asset	asset	NOUN
fsr-3239	181	18	pricing	pricing	NOUN
fsr-3239	181	19	model	model	NOUN
fsr-3239	181	20	where	where	SCONJ
fsr-3239	181	21	the	the	DET
fsr-3239	181	22	portfolio	portfolio	NOUN
fsr-3239	181	23	is	be	AUX
fsr-3239	181	24	exposed	expose	VERB
fsr-3239	181	25	to	to	ADP
fsr-3239	181	26	two	two	NUM
fsr-3239	181	27	sources	source	NOUN
fsr-3239	181	28	of	of	ADP
fsr-3239	181	29	uncertainty	uncertainty	NOUN
fsr-3239	181	30	known	know	VERB
fsr-3239	181	31	as	as	ADP
fsr-3239	181	32	systematic	systematic	ADJ
fsr-3239	181	33	risk	risk	NOUN
fsr-3239	181	34	and	and	CCONJ
fsr-3239	181	35	unsystematic	unsystematic	ADJ
fsr-3239	181	36	risk	risk	NOUN
fsr-3239	181	37	.	.	PUNCT
fsr-3239	182	1	the	the	DET
fsr-3239	182	2	portfolio	portfolio	NOUN
fsr-3239	182	3	’s	’s	PART
fsr-3239	182	4	systematic	systematic	ADJ
fsr-3239	182	5	risk	risk	NOUN
fsr-3239	182	6	measured	measure	VERB
fsr-3239	182	7	by	by	ADP
fsr-3239	182	8	�	�	PROPN
fsr-3239	182	9	is	be	AUX
fsr-3239	182	10	because	because	SCONJ
fsr-3239	182	11	of	of	ADP
fsr-3239	182	12	portfolio	portfolio	NOUN
fsr-3239	182	13	exposure	exposure	NOUN
fsr-3239	182	14	to	to	ADP
fsr-3239	182	15	movements	movement	NOUN
fsr-3239	182	16	of	of	ADP
fsr-3239	182	17	the	the	DET
fsr-3239	182	18	overall	overall	ADJ
fsr-3239	182	19	market	market	NOUN
fsr-3239	182	20	that	that	PRON
fsr-3239	182	21	affect	affect	VERB
fsr-3239	182	22	all	all	DET
fsr-3239	182	23	portfolios	portfolio	NOUN
fsr-3239	182	24	to	to	ADP
fsr-3239	182	25	some	some	DET
fsr-3239	182	26	extent	extent	NOUN
fsr-3239	182	27	.	.	PUNCT
fsr-3239	183	1	the	the	DET
fsr-3239	183	2	equity	equity	NOUN
fsr-3239	183	3	risk	risk	NOUN
fsr-3239	183	4	premium	premium	NOUN
fsr-3239	183	5	is	be	AUX
fsr-3239	183	6	the	the	DET
fsr-3239	183	7	reward	reward	NOUN
fsr-3239	183	8	for	for	ADP
fsr-3239	183	9	taking	take	VERB
fsr-3239	183	10	systematic	systematic	ADJ
fsr-3239	183	11	risk	risk	NOUN
fsr-3239	183	12	and	and	CCONJ
fsr-3239	183	13	is	be	AUX
fsr-3239	183	14	measured	measure	VERB
fsr-3239	183	15	by	by	ADP
fsr-3239	183	16	the	the	DET
fsr-3239	183	17	difference	difference	NOUN
fsr-3239	183	18	between	between	ADP
fsr-3239	183	19	the	the	DET
fsr-3239	183	20	broad	broad	ADJ
fsr-3239	183	21	market	market	NOUN
fsr-3239	183	22	index	index	NOUN
fsr-3239	183	23	(	(	PUNCT
fsr-3239	183	24	rm	rm	NOUN
fsr-3239	183	25	)	)	PUNCT
fsr-3239	183	26	and	and	CCONJ
fsr-3239	183	27	the	the	DET
fsr-3239	183	28	risk	risk	NOUN
fsr-3239	183	29	free	free	ADJ
fsr-3239	183	30	rate	rate	NOUN
fsr-3239	183	31	(	(	PUNCT
fsr-3239	183	32	rf	rf	NOUN
fsr-3239	183	33	)	)	PUNCT
fsr-3239	183	34	.	.	PUNCT
fsr-3239	184	1	unsystematic	unsystematic	ADJ
fsr-3239	184	2	risk	risk	NOUN
fsr-3239	184	3	(	(	PUNCT
fsr-3239	184	4	�	�	NOUN
fsr-3239	184	5	)	)	PUNCT
fsr-3239	184	6	is	be	AUX
fsr-3239	184	7	the	the	DET
fsr-3239	184	8	second	second	ADJ
fsr-3239	184	9	source	source	NOUN
fsr-3239	184	10	of	of	ADP
fsr-3239	184	11	uncertainty	uncertainty	NOUN
fsr-3239	184	12	for	for	ADP
fsr-3239	184	13	a	a	DET
fsr-3239	184	14	portfolio	portfolio	NOUN
fsr-3239	184	15	and	and	CCONJ
fsr-3239	184	16	represents	represent	VERB
fsr-3239	184	17	a	a	DET
fsr-3239	184	18	type	type	NOUN
fsr-3239	184	19	of	of	ADP
fsr-3239	184	20	residual	residual	ADJ
fsr-3239	184	21	risk	risk	NOUN
fsr-3239	184	22	that	that	PRON
fsr-3239	184	23	can	can	AUX
fsr-3239	184	24	be	be	AUX
fsr-3239	184	25	eliminated	eliminate	VERB
fsr-3239	184	26	with	with	ADP
fsr-3239	184	27	diversification	diversification	NOUN
fsr-3239	184	28	.	.	PUNCT
fsr-3239	185	1	the	the	DET
fsr-3239	185	2	single	single	ADJ
fsr-3239	185	3	-	-	PUNCT
fsr-3239	185	4	factor	factor	NOUN
fsr-3239	185	5	model	model	NOUN
fsr-3239	185	6	is	be	AUX
fsr-3239	185	7	specified	specify	VERB
fsr-3239	185	8	below	below	ADP
fsr-3239	185	9	:	:	PUNCT
fsr-3239	185	10	(	(	PUNCT
fsr-3239	185	11	rp	rp	PROPN
fsr-3239	185	12	�	�	PROPN
fsr-3239	185	13	rf)t	rf)t	PROPN
fsr-3239	185	14	�	�	PROPN
fsr-3239	185	15	�	�	PROPN
fsr-3239	185	16	1	1	NUM
fsr-3239	185	17	�	�	PROPN
fsr-3239	185	18	�	�	PROPN
fsr-3239	185	19	(	(	PUNCT
fsr-3239	185	20	rm	rm	PROPN
fsr-3239	185	21	�	�	PROPN
fsr-3239	185	22	rf)t	rf)t	PROPN
fsr-3239	185	23	�	�	PROPN
fsr-3239	185	24	�	�	PROPN
fsr-3239	185	25	t	t	PROPN
fsr-3239	185	26	(	(	PUNCT
fsr-3239	185	27	2	2	NUM
fsr-3239	185	28	)	)	PUNCT
fsr-3239	185	29	alpha	alpha	NOUN
fsr-3239	185	30	represents	represent	VERB
fsr-3239	185	31	an	an	DET
fsr-3239	185	32	excess	excess	ADJ
fsr-3239	185	33	risk	risk	NOUN
fsr-3239	185	34	-	-	PUNCT
fsr-3239	185	35	adjusted	adjust	VERB
fsr-3239	185	36	return	return	NOUN
fsr-3239	185	37	and	and	CCONJ
fsr-3239	185	38	is	be	AUX
fsr-3239	185	39	expected	expect	VERB
fsr-3239	185	40	to	to	PART
fsr-3239	185	41	be	be	AUX
fsr-3239	185	42	zero	zero	NUM
fsr-3239	185	43	if	if	SCONJ
fsr-3239	185	44	the	the	DET
fsr-3239	185	45	market	market	NOUN
fsr-3239	185	46	prices	price	NOUN
fsr-3239	185	47	risk	risk	VERB
fsr-3239	185	48	efficiently	efficiently	ADV
fsr-3239	185	49	.	.	PUNCT
fsr-3239	186	1	eq	eq	ADP
fsr-3239	186	2	.	.	PUNCT
fsr-3239	187	1	(	(	PUNCT
fsr-3239	187	2	2	2	X
fsr-3239	187	3	)	)	PUNCT
fsr-3239	187	4	is	be	AUX
fsr-3239	187	5	an	an	DET
fsr-3239	187	6	empirical	empirical	ADJ
fsr-3239	187	7	model	model	NOUN
fsr-3239	187	8	allowing	allow	VERB
fsr-3239	187	9	estimation	estimation	NOUN
fsr-3239	187	10	of	of	ADP
fsr-3239	187	11	a	a	DET
fsr-3239	187	12	portfolio	portfolio	NOUN
fsr-3239	187	13	’s	’s	PART
fsr-3239	187	14	�	�	PROPN
fsr-3239	187	15	(	(	PUNCT
fsr-3239	187	16	intercept	intercept	PROPN
fsr-3239	187	17	)	)	PUNCT
fsr-3239	187	18	and	and	CCONJ
fsr-3239	187	19	�	�	PROPN
fsr-3239	187	20	(	(	PUNCT
fsr-3239	187	21	slope	slope	NOUN
fsr-3239	187	22	)	)	PUNCT
fsr-3239	187	23	by	by	ADP
fsr-3239	187	24	regressing	regress	VERB
fsr-3239	187	25	(	(	PUNCT
fsr-3239	187	26	rp	rp	NOUN
fsr-3239	187	27	–	–	PUNCT
fsr-3239	187	28	rf	rf	NOUN
fsr-3239	187	29	)	)	PUNCT
fsr-3239	187	30	on	on	ADP
fsr-3239	187	31	(	(	PUNCT
fsr-3239	187	32	rm	rm	NOUN
fsr-3239	187	33	–	–	PUNCT
fsr-3239	187	34	rf	rf	NOUN
fsr-3239	187	35	)	)	PUNCT
fsr-3239	187	36	using	use	VERB
fsr-3239	187	37	the	the	DET
fsr-3239	187	38	monthly	monthly	ADJ
fsr-3239	187	39	data	datum	NOUN
fsr-3239	187	40	for	for	ADP
fsr-3239	187	41	the	the	DET
fsr-3239	187	42	screened	screen	VERB
fsr-3239	187	43	aaii	aaii	NOUN
fsr-3239	187	44	portfolio	portfolio	NOUN
fsr-3239	187	45	returns	return	NOUN
fsr-3239	187	46	,	,	PUNCT
fsr-3239	187	47	risk	risk	NOUN
fsr-3239	187	48	free	free	ADJ
fsr-3239	187	49	rates	rate	NOUN
fsr-3239	187	50	,	,	PUNCT
fsr-3239	187	51	and	and	CCONJ
fsr-3239	187	52	market	market	NOUN
fsr-3239	187	53	index	index	NOUN
fsr-3239	187	54	returns	return	NOUN
fsr-3239	187	55	.	.	PUNCT
fsr-3239	188	1	the	the	DET
fsr-3239	188	2	intercept	intercept	NOUN
fsr-3239	188	3	is	be	AUX
fsr-3239	188	4	often	often	ADV
fsr-3239	188	5	called	call	VERB
fsr-3239	188	6	jensen	jensen	PROPN
fsr-3239	188	7	’s	’s	PART
fsr-3239	188	8	�	�	PROPN
fsr-3239	188	9	in	in	ADP
fsr-3239	188	10	this	this	DET
fsr-3239	188	11	formulation	formulation	NOUN
fsr-3239	188	12	and	and	CCONJ
fsr-3239	188	13	the	the	DET
fsr-3239	188	14	t	t	PROPN
fsr-3239	188	15	-	-	PUNCT
fsr-3239	188	16	statistic	statistic	NOUN
fsr-3239	188	17	,	,	PUNCT
fsr-3239	188	18	calculated	calculate	VERB
fsr-3239	188	19	as	as	ADP
fsr-3239	188	20	the	the	DET
fsr-3239	188	21	estimated	estimate	VERB
fsr-3239	188	22	intercept	intercept	NOUN
fsr-3239	188	23	coefficient	coefficient	NOUN
fsr-3239	188	24	divided	divide	VERB
fsr-3239	188	25	by	by	ADP
fsr-3239	188	26	the	the	DET
fsr-3239	188	27	standard	standard	ADJ
fsr-3239	188	28	error	error	NOUN
fsr-3239	188	29	,	,	PUNCT
fsr-3239	188	30	provide	provide	VERB
fsr-3239	188	31	tests	test	NOUN
fsr-3239	188	32	for	for	ADP
fsr-3239	188	33	statistical	statistical	ADJ
fsr-3239	188	34	significance	significance	NOUN
fsr-3239	188	35	of	of	ADP
fsr-3239	188	36	�	�	PROPN
fsr-3239	188	37	.	.	PUNCT
fsr-3239	189	1	statistically	statistically	ADV
fsr-3239	189	2	significant	significant	ADJ
fsr-3239	189	3	positive	positive	ADJ
fsr-3239	189	4	�	�	NOUN
fsr-3239	189	5	s	s	VERB
fsr-3239	189	6	not	not	PART
fsr-3239	189	7	only	only	ADV
fsr-3239	189	8	measure	measure	VERB
fsr-3239	189	9	superior	superior	ADJ
fsr-3239	189	10	portfolio	portfolio	NOUN
fsr-3239	189	11	performance	performance	NOUN
fsr-3239	189	12	for	for	ADP
fsr-3239	189	13	comparison	comparison	NOUN
fsr-3239	189	14	purposes	purpose	NOUN
fsr-3239	189	15	but	but	CCONJ
fsr-3239	189	16	they	they	PRON
fsr-3239	189	17	also	also	ADV
fsr-3239	189	18	allow	allow	VERB
fsr-3239	189	19	for	for	ADP
fsr-3239	189	20	tests	test	NOUN
fsr-3239	189	21	of	of	ADP
fsr-3239	189	22	efficiency	efficiency	NOUN
fsr-3239	189	23	in	in	ADP
fsr-3239	189	24	market	market	NOUN
fsr-3239	189	25	pricing	pricing	NOUN
fsr-3239	189	26	.	.	PUNCT
fsr-3239	190	1	we	we	PRON
fsr-3239	190	2	would	would	AUX
fsr-3239	190	3	not	not	PART
fsr-3239	190	4	expect	expect	VERB
fsr-3239	190	5	to	to	PART
fsr-3239	190	6	find	find	VERB
fsr-3239	190	7	more	more	ADJ
fsr-3239	190	8	portfolios	portfolio	NOUN
fsr-3239	190	9	with	with	ADP
fsr-3239	190	10	statistically	statistically	ADV
fsr-3239	190	11	significant	significant	ADJ
fsr-3239	190	12	positive	positive	ADJ
fsr-3239	190	13	�	�	NOUN
fsr-3239	190	14	s	s	PART
fsr-3239	190	15	than	than	SCONJ
fsr-3239	190	16	would	would	AUX
fsr-3239	190	17	be	be	AUX
fsr-3239	190	18	generated	generate	VERB
fsr-3239	190	19	by	by	ADP
fsr-3239	190	20	chance	chance	NOUN
fsr-3239	190	21	.	.	PUNCT
fsr-3239	191	1	this	this	DET
fsr-3239	191	2	approach	approach	NOUN
fsr-3239	191	3	is	be	AUX
fsr-3239	191	4	how	how	SCONJ
fsr-3239	191	5	most	most	ADJ
fsr-3239	191	6	of	of	ADP
fsr-3239	191	7	the	the	DET
fsr-3239	191	8	“	"	PUNCT
fsr-3239	191	9	anomalies	anomaly	NOUN
fsr-3239	191	10	”	"	PUNCT
fsr-3239	191	11	to	to	ADP
fsr-3239	191	12	efficient	efficient	ADJ
fsr-3239	191	13	market	market	NOUN
fsr-3239	191	14	pricing	pricing	NOUN
fsr-3239	191	15	have	have	AUX
fsr-3239	191	16	been	be	AUX
fsr-3239	191	17	identified	identify	VERB
fsr-3239	191	18	.	.	PUNCT
fsr-3239	192	1	fama	fama	PROPN
fsr-3239	192	2	and	and	CCONJ
fsr-3239	192	3	french	french	ADJ
fsr-3239	192	4	(	(	PUNCT
fsr-3239	192	5	1996	1996	NUM
fsr-3239	192	6	)	)	PUNCT
fsr-3239	192	7	argue	argue	VERB
fsr-3239	192	8	that	that	SCONJ
fsr-3239	192	9	statistically	statistically	ADV
fsr-3239	192	10	significant	significant	ADJ
fsr-3239	192	11	positive	positive	ADJ
fsr-3239	192	12	�	�	NOUN
fsr-3239	192	13	s	s	NOUN
fsr-3239	192	14	from	from	ADP
fsr-3239	192	15	the	the	DET
fsr-3239	192	16	singlefactor	singlefactor	NOUN
fsr-3239	192	17	model	model	NOUN
fsr-3239	192	18	of	of	ADP
fsr-3239	192	19	eq	eq	PROPN
fsr-3239	192	20	.	.	PUNCT
fsr-3239	193	1	(	(	PUNCT
fsr-3239	193	2	2	2	X
fsr-3239	193	3	)	)	PUNCT
fsr-3239	193	4	are	be	AUX
fsr-3239	193	5	likely	likely	ADJ
fsr-3239	193	6	to	to	PART
fsr-3239	193	7	be	be	AUX
fsr-3239	193	8	the	the	DET
fsr-3239	193	9	result	result	NOUN
fsr-3239	193	10	of	of	ADP
fsr-3239	193	11	left	leave	VERB
fsr-3239	193	12	-	-	PUNCT
fsr-3239	193	13	out	out	ADP
fsr-3239	193	14	risk	risk	NOUN
fsr-3239	193	15	factors	factor	NOUN
fsr-3239	193	16	rather	rather	ADV
fsr-3239	193	17	than	than	ADP
fsr-3239	193	18	excess	excess	ADJ
fsr-3239	193	19	returns	return	NOUN
fsr-3239	193	20	.	.	PUNCT
fsr-3239	194	1	the	the	DET
fsr-3239	194	2	fama	fama	PROPN
fsr-3239	194	3	-	-	PUNCT
fsr-3239	194	4	french	french	ADJ
fsr-3239	194	5	three	three	NUM
fsr-3239	194	6	-	-	PUNCT
fsr-3239	194	7	factor	factor	NOUN
fsr-3239	194	8	model	model	NOUN
fsr-3239	194	9	augments	augment	VERB
fsr-3239	194	10	the	the	DET
fsr-3239	194	11	single	single	ADJ
fsr-3239	194	12	-	-	PUNCT
fsr-3239	194	13	factor	factor	NOUN
fsr-3239	194	14	model	model	NOUN
fsr-3239	194	15	with	with	ADP
fsr-3239	194	16	size	size	NOUN
fsr-3239	194	17	(	(	PUNCT
fsr-3239	194	18	smb	smb	NOUN
fsr-3239	194	19	)	)	PUNCT
fsr-3239	194	20	and	and	CCONJ
fsr-3239	194	21	value	value	NOUN
fsr-3239	194	22	(	(	PUNCT
fsr-3239	194	23	hml	hml	PROPN
fsr-3239	194	24	)	)	PUNCT
fsr-3239	194	25	factor	factor	NOUN
fsr-3239	194	26	variables	variable	NOUN
fsr-3239	194	27	.	.	PUNCT
fsr-3239	195	1	the	the	DET
fsr-3239	195	2	�	�	PROPN
fsr-3239	195	3	in	in	ADP
fsr-3239	195	4	the	the	DET
fsr-3239	195	5	three	three	NUM
fsr-3239	195	6	-	-	PUNCT
fsr-3239	195	7	factor	factor	NOUN
fsr-3239	195	8	model	model	NOUN
fsr-3239	195	9	(	(	PUNCT
fsr-3239	195	10	�	�	NOUN
fsr-3239	195	11	3	3	NUM
fsr-3239	195	12	)	)	PUNCT
fsr-3239	195	13	represents	represent	VERB
fsr-3239	195	14	the	the	DET
fsr-3239	195	15	difference	difference	NOUN
fsr-3239	195	16	between	between	ADP
fsr-3239	195	17	the	the	DET
fsr-3239	195	18	portfolio	portfolio	NOUN
fsr-3239	195	19	’s	’s	PART
fsr-3239	195	20	return	return	NOUN
fsr-3239	195	21	and	and	CCONJ
fsr-3239	195	22	the	the	DET
fsr-3239	195	23	expected	expect	VERB
fsr-3239	195	24	portfolio	portfolio	NOUN
fsr-3239	195	25	return	return	NOUN
fsr-3239	195	26	based	base	VERB
fsr-3239	195	27	on	on	ADP
fsr-3239	195	28	the	the	DET
fsr-3239	195	29	portfolio	portfolio	NOUN
fsr-3239	195	30	’s	’s	PART
fsr-3239	195	31	sensitivities	sensitivity	NOUN
fsr-3239	195	32	to	to	ADP
fsr-3239	195	33	the	the	DET
fsr-3239	195	34	three	three	NUM
fsr-3239	195	35	factors	factor	NOUN
fsr-3239	195	36	.	.	PUNCT
fsr-3239	196	1	alpha	alpha	NOUN
fsr-3239	196	2	is	be	AUX
fsr-3239	196	3	expected	expect	VERB
fsr-3239	196	4	to	to	PART
fsr-3239	196	5	be	be	AUX
fsr-3239	196	6	zero	zero	NUM
fsr-3239	196	7	if	if	SCONJ
fsr-3239	196	8	markets	market	NOUN
fsr-3239	196	9	are	be	AUX
fsr-3239	196	10	pricing	price	VERB
fsr-3239	196	11	securities	security	NOUN
fsr-3239	196	12	efficiently	efficiently	ADV
fsr-3239	196	13	.	.	PUNCT
fsr-3239	197	1	the	the	DET
fsr-3239	197	2	three	three	NUM
fsr-3239	197	3	-	-	PUNCT
fsr-3239	197	4	factor	factor	NOUN
fsr-3239	197	5	model	model	NOUN
fsr-3239	197	6	is	be	AUX
fsr-3239	197	7	specified	specify	VERB
fsr-3239	197	8	below	below	ADP
fsr-3239	197	9	:	:	PUNCT
fsr-3239	197	10	(	(	PUNCT
fsr-3239	197	11	rp	rp	PROPN
fsr-3239	197	12	�	�	PROPN
fsr-3239	197	13	rf)t	rf)t	PROPN
fsr-3239	197	14	�	�	PROPN
fsr-3239	197	15	�	�	PROPN
fsr-3239	197	16	3	3	NUM
fsr-3239	197	17	�	�	PROPN
fsr-3239	197	18	�	�	PROPN
fsr-3239	197	19	1(rm	1(rm	PROPN
fsr-3239	197	20	�	�	PROPN
fsr-3239	197	21	rf)t	rf)t	PROPN
fsr-3239	197	22	�	�	PROPN
fsr-3239	197	23	�	�	PROPN
fsr-3239	197	24	2	2	NUM
fsr-3239	197	25	smbt	smbt	NOUN
fsr-3239	197	26	�	�	PROPN
fsr-3239	197	27	�	�	PROPN
fsr-3239	197	28	3	3	NUM
fsr-3239	197	29	hmlt	hmlt	PROPN
fsr-3239	197	30	�	�	PROPN
fsr-3239	197	31	�	�	PROPN
fsr-3239	197	32	t	t	PROPN
fsr-3239	197	33	(	(	PUNCT
fsr-3239	197	34	3	3	NUM
fsr-3239	197	35	)	)	PUNCT
fsr-3239	197	36	165d.s	165d.s	NUM
fsr-3239	197	37	.	.	PUNCT
fsr-3239	198	1	north	north	PROPN
fsr-3239	198	2	,	,	PUNCT
fsr-3239	198	3	j.l	j.l	PROPN
fsr-3239	198	4	.	.	PROPN
fsr-3239	198	5	stevens	stevens	PROPN
fsr-3239	198	6	/	/	SYM
fsr-3239	198	7	financial	financial	ADJ
fsr-3239	198	8	services	service	NOUN
fsr-3239	198	9	review	review	VERB
fsr-3239	198	10	24	24	NUM
fsr-3239	198	11	(	(	PUNCT
fsr-3239	198	12	2015	2015	NUM
fsr-3239	198	13	)	)	PUNCT
fsr-3239	199	1	157–176	157–176	NUM
fsr-3239	199	2	eq	eq	NOUN
fsr-3239	199	3	.	.	PUNCT
fsr-3239	200	1	(	(	PUNCT
fsr-3239	200	2	3	3	X
fsr-3239	200	3	)	)	PUNCT
fsr-3239	200	4	is	be	AUX
fsr-3239	200	5	simply	simply	ADV
fsr-3239	200	6	eq	eq	ADJ
fsr-3239	200	7	.	.	PUNCT
fsr-3239	201	1	(	(	PUNCT
fsr-3239	201	2	2	2	NUM
fsr-3239	201	3	)	)	PUNCT
fsr-3239	201	4	with	with	ADP
fsr-3239	201	5	the	the	DET
fsr-3239	201	6	two	two	NUM
fsr-3239	201	7	added	add	VERB
fsr-3239	201	8	factors	factor	NOUN
fsr-3239	201	9	smb	smb	NOUN
fsr-3239	201	10	and	and	CCONJ
fsr-3239	201	11	hml	hml	PROPN
fsr-3239	201	12	and	and	CCONJ
fsr-3239	201	13	their	their	PRON
fsr-3239	201	14	�	�	PROPN
fsr-3239	201	15	s.	s.	PROPN
fsr-3239	201	16	smb	smb	PROPN
fsr-3239	201	17	is	be	AUX
fsr-3239	201	18	measured	measure	VERB
fsr-3239	201	19	as	as	ADP
fsr-3239	201	20	the	the	DET
fsr-3239	201	21	premium	premium	NOUN
fsr-3239	201	22	in	in	ADP
fsr-3239	201	23	period	period	NOUN
fsr-3239	201	24	t	t	NOUN
fsr-3239	201	25	for	for	ADP
fsr-3239	201	26	small	small	ADJ
fsr-3239	201	27	cap	cap	NOUN
fsr-3239	201	28	minus	minus	ADP
fsr-3239	201	29	large	large	ADJ
fsr-3239	201	30	cap	cap	NOUN
fsr-3239	201	31	stocks	stock	NOUN
fsr-3239	201	32	and	and	CCONJ
fsr-3239	201	33	hml	hml	PROPN
fsr-3239	201	34	is	be	AUX
fsr-3239	201	35	the	the	DET
fsr-3239	201	36	premium	premium	NOUN
fsr-3239	201	37	for	for	ADP
fsr-3239	201	38	high	high	ADJ
fsr-3239	201	39	book	book	NOUN
fsr-3239	201	40	/	/	SYM
fsr-3239	201	41	price	price	NOUN
fsr-3239	201	42	stocks	stock	NOUN
fsr-3239	201	43	minus	minus	CCONJ
fsr-3239	201	44	low	low	ADJ
fsr-3239	201	45	book	book	NOUN
fsr-3239	201	46	/	/	SYM
fsr-3239	201	47	price	price	NOUN
fsr-3239	201	48	stocks	stock	NOUN
fsr-3239	201	49	at	at	ADP
fsr-3239	201	50	time	time	NOUN
fsr-3239	201	51	t.	t.	PROPN
fsr-3239	201	52	if	if	SCONJ
fsr-3239	201	53	both	both	PRON
fsr-3239	201	54	�	�	PROPN
fsr-3239	201	55	2	2	NUM
fsr-3239	201	56	and	and	CCONJ
fsr-3239	201	57	�	�	NOUN
fsr-3239	201	58	3	3	NUM
fsr-3239	201	59	are	be	AUX
fsr-3239	201	60	not	not	PART
fsr-3239	201	61	statistically	statistically	ADV
fsr-3239	201	62	different	different	ADJ
fsr-3239	201	63	from	from	ADP
fsr-3239	201	64	zero	zero	NUM
fsr-3239	201	65	we	we	PRON
fsr-3239	201	66	have	have	VERB
fsr-3239	201	67	the	the	DET
fsr-3239	201	68	single	single	ADJ
fsr-3239	201	69	-	-	PUNCT
fsr-3239	201	70	factor	factor	NOUN
fsr-3239	201	71	model	model	NOUN
fsr-3239	201	72	of	of	ADP
fsr-3239	201	73	eq	eq	PROPN
fsr-3239	201	74	.	.	PUNCT
fsr-3239	202	1	(	(	PUNCT
fsr-3239	202	2	2	2	NUM
fsr-3239	202	3	)	)	PUNCT
fsr-3239	202	4	.	.	PUNCT
fsr-3239	203	1	overall	overall	ADV
fsr-3239	203	2	,	,	PUNCT
fsr-3239	203	3	the	the	DET
fsr-3239	203	4	three	three	NUM
fsr-3239	203	5	-	-	PUNCT
fsr-3239	203	6	factor	factor	NOUN
fsr-3239	203	7	model	model	NOUN
fsr-3239	203	8	provides	provide	VERB
fsr-3239	203	9	a	a	DET
fsr-3239	203	10	better	well	ADJ
fsr-3239	203	11	fit	fit	NOUN
fsr-3239	203	12	with	with	ADP
fsr-3239	203	13	stock	stock	NOUN
fsr-3239	203	14	returns	return	NOUN
fsr-3239	203	15	than	than	ADP
fsr-3239	203	16	the	the	DET
fsr-3239	203	17	singlefactor	singlefactor	NOUN
fsr-3239	203	18	model	model	NOUN
fsr-3239	203	19	(	(	PUNCT
fsr-3239	203	20	higher	high	ADJ
fsr-3239	203	21	adjusted	adjust	VERB
fsr-3239	203	22	r2	r2	NOUN
fsr-3239	203	23	)	)	PUNCT
fsr-3239	203	24	.	.	PUNCT
fsr-3239	204	1	we	we	PRON
fsr-3239	204	2	can	can	AUX
fsr-3239	204	3	not	not	PART
fsr-3239	204	4	say	say	VERB
fsr-3239	204	5	whether	whether	SCONJ
fsr-3239	204	6	the	the	DET
fsr-3239	204	7	additional	additional	ADJ
fsr-3239	204	8	returns	return	NOUN
fsr-3239	204	9	due	due	ADJ
fsr-3239	204	10	to	to	ADP
fsr-3239	204	11	statistically	statistically	ADV
fsr-3239	204	12	significant	significant	ADJ
fsr-3239	204	13	and	and	CCONJ
fsr-3239	204	14	positive	positive	ADJ
fsr-3239	204	15	values	value	NOUN
fsr-3239	204	16	for	for	ADP
fsr-3239	204	17	�	�	PROPN
fsr-3239	204	18	2	2	NUM
fsr-3239	204	19	and	and	CCONJ
fsr-3239	204	20	�	�	NOUN
fsr-3239	204	21	3	3	NUM
fsr-3239	204	22	are	be	AUX
fsr-3239	204	23	the	the	DET
fsr-3239	204	24	result	result	NOUN
fsr-3239	204	25	of	of	ADP
fsr-3239	204	26	added	add	VERB
fsr-3239	204	27	risk	risk	NOUN
fsr-3239	204	28	premiums	premium	NOUN
fsr-3239	204	29	or	or	CCONJ
fsr-3239	204	30	are	be	AUX
fsr-3239	204	31	returns	return	NOUN
fsr-3239	204	32	to	to	ADP
fsr-3239	204	33	inefficiencies	inefficiency	NOUN
fsr-3239	204	34	in	in	ADP
fsr-3239	204	35	pricing	pricing	NOUN
fsr-3239	204	36	size	size	NOUN
fsr-3239	204	37	and	and	CCONJ
fsr-3239	204	38	value	value	NOUN
fsr-3239	204	39	.	.	PUNCT
fsr-3239	205	1	we	we	PRON
fsr-3239	205	2	can	can	AUX
fsr-3239	205	3	say	say	VERB
fsr-3239	205	4	that	that	SCONJ
fsr-3239	205	5	the	the	DET
fsr-3239	205	6	three	three	NUM
fsr-3239	205	7	factor	factor	NOUN
fsr-3239	205	8	model	model	NOUN
fsr-3239	205	9	represents	represent	VERB
fsr-3239	205	10	a	a	DET
fsr-3239	205	11	more	more	ADV
fsr-3239	205	12	stringent	stringent	ADJ
fsr-3239	205	13	test	test	NOUN
fsr-3239	205	14	of	of	ADP
fsr-3239	205	15	portfolio	portfolio	NOUN
fsr-3239	205	16	performance	performance	NOUN
fsr-3239	205	17	.	.	PUNCT
fsr-3239	206	1	if	if	SCONJ
fsr-3239	206	2	the	the	DET
fsr-3239	206	3	�	�	PROPN
fsr-3239	206	4	in	in	ADP
fsr-3239	206	5	the	the	DET
fsr-3239	206	6	three	three	NUM
fsr-3239	206	7	-	-	PUNCT
fsr-3239	206	8	factor	factor	NOUN
fsr-3239	206	9	model	model	NOUN
fsr-3239	206	10	is	be	AUX
fsr-3239	206	11	statistically	statistically	ADV
fsr-3239	206	12	significant	significant	ADJ
fsr-3239	206	13	and	and	CCONJ
fsr-3239	206	14	positive	positive	ADJ
fsr-3239	206	15	the	the	DET
fsr-3239	206	16	portfolio	portfolio	NOUN
fsr-3239	206	17	earned	earn	VERB
fsr-3239	206	18	excess	excess	ADJ
fsr-3239	206	19	returns	return	NOUN
fsr-3239	206	20	beyond	beyond	ADP
fsr-3239	206	21	what	what	PRON
fsr-3239	206	22	would	would	AUX
fsr-3239	206	23	be	be	AUX
fsr-3239	206	24	expected	expect	VERB
fsr-3239	206	25	from	from	ADP
fsr-3239	206	26	exploiting	exploit	VERB
fsr-3239	206	27	size	size	NOUN
fsr-3239	206	28	and	and	CCONJ
fsr-3239	206	29	valuation	valuation	NOUN
fsr-3239	206	30	characteristics	characteristic	NOUN
fsr-3239	206	31	of	of	ADP
fsr-3239	206	32	stocks	stock	NOUN
fsr-3239	206	33	.	.	PUNCT
fsr-3239	207	1	the	the	DET
fsr-3239	207	2	importance	importance	NOUN
fsr-3239	207	3	of	of	ADP
fsr-3239	207	4	including	include	VERB
fsr-3239	207	5	the	the	DET
fsr-3239	207	6	three	three	NUM
fsr-3239	207	7	-	-	PUNCT
fsr-3239	207	8	factor	factor	NOUN
fsr-3239	207	9	model	model	NOUN
fsr-3239	207	10	�	�	PROPN
fsr-3239	207	11	in	in	ADP
fsr-3239	207	12	an	an	DET
fsr-3239	207	13	analysis	analysis	NOUN
fsr-3239	207	14	of	of	ADP
fsr-3239	207	15	investment	investment	NOUN
fsr-3239	207	16	performance	performance	NOUN
fsr-3239	207	17	is	be	AUX
fsr-3239	207	18	supported	support	VERB
fsr-3239	207	19	by	by	ADP
fsr-3239	207	20	bodie	bodie	PROPN
fsr-3239	207	21	,	,	PUNCT
fsr-3239	207	22	kane	kane	PROPN
fsr-3239	207	23	,	,	PUNCT
fsr-3239	207	24	and	and	CCONJ
fsr-3239	207	25	marcus	marcus	PROPN
fsr-3239	207	26	(	(	PUNCT
fsr-3239	207	27	2013	2013	NUM
fsr-3239	207	28	,	,	PUNCT
fsr-3239	207	29	p	p	NOUN
fsr-3239	207	30	0.605	0.605	NUM
fsr-3239	207	31	)	)	PUNCT
fsr-3239	207	32	as	as	SCONJ
fsr-3239	207	33	follows	follow	VERB
fsr-3239	207	34	:	:	PUNCT
fsr-3239	207	35	the	the	DET
fsr-3239	207	36	fama	fama	NOUN
fsr-3239	207	37	-	-	PUNCT
fsr-3239	207	38	french	french	NOUN
fsr-3239	207	39	(	(	PUNCT
fsr-3239	207	40	ff	ff	NOUN
fsr-3239	207	41	)	)	PUNCT
fsr-3239	207	42	three	three	NUM
fsr-3239	207	43	-	-	PUNCT
fsr-3239	207	44	factor	factor	NOUN
fsr-3239	207	45	model	model	NOUN
fsr-3239	207	46	…	…	PUNCT
fsr-3239	207	47	has	have	AUX
fsr-3239	207	48	almost	almost	ADV
fsr-3239	207	49	completely	completely	ADV
fsr-3239	207	50	replaced	replace	VERB
fsr-3239	207	51	the	the	DET
fsr-3239	207	52	single	single	ADJ
fsr-3239	207	53	-	-	PUNCT
fsr-3239	207	54	index	index	NOUN
fsr-3239	207	55	model	model	NOUN
fsr-3239	207	56	in	in	ADP
fsr-3239	207	57	academic	academic	ADJ
fsr-3239	207	58	performance	performance	NOUN
fsr-3239	207	59	evaluation	evaluation	NOUN
fsr-3239	207	60	,	,	PUNCT
fsr-3239	207	61	and	and	CCONJ
fsr-3239	207	62	has	have	AUX
fsr-3239	207	63	been	be	AUX
fsr-3239	207	64	gaining	gain	VERB
fsr-3239	207	65	‘	'	PUNCT
fsr-3239	207	66	market	market	NOUN
fsr-3239	207	67	share	share	NOUN
fsr-3239	207	68	’	'	PUNCT
fsr-3239	207	69	in	in	ADP
fsr-3239	207	70	the	the	DET
fsr-3239	207	71	investment	investment	NOUN
fsr-3239	207	72	services	service	NOUN
fsr-3239	207	73	industry	industry	NOUN
fsr-3239	207	74	.	.	PUNCT
fsr-3239	208	1	5	5	X
fsr-3239	208	2	.	.	X
fsr-3239	208	3	transaction	transaction	NOUN
fsr-3239	208	4	costs	cost	NOUN
fsr-3239	208	5	for	for	ADP
fsr-3239	208	6	the	the	DET
fsr-3239	208	7	aaii	aaii	NOUN
fsr-3239	208	8	portfolios	portfolio	NOUN
fsr-3239	208	9	the	the	DET
fsr-3239	208	10	aaii	aaii	NOUN
fsr-3239	208	11	screens	screen	NOUN
fsr-3239	208	12	are	be	AUX
fsr-3239	208	13	performed	perform	VERB
fsr-3239	208	14	each	each	DET
fsr-3239	208	15	month	month	NOUN
fsr-3239	208	16	and	and	CCONJ
fsr-3239	208	17	stocks	stock	NOUN
fsr-3239	208	18	that	that	PRON
fsr-3239	208	19	pass	pass	VERB
fsr-3239	208	20	the	the	DET
fsr-3239	208	21	screen	screen	NOUN
fsr-3239	208	22	are	be	AUX
fsr-3239	208	23	used	use	VERB
fsr-3239	208	24	by	by	ADP
fsr-3239	208	25	aaii	aaii	NOUN
fsr-3239	208	26	to	to	PART
fsr-3239	208	27	create	create	VERB
fsr-3239	208	28	equally	equally	ADV
fsr-3239	208	29	weighted	weight	VERB
fsr-3239	208	30	portfolios	portfolio	NOUN
fsr-3239	208	31	.	.	PUNCT
fsr-3239	209	1	transaction	transaction	NOUN
fsr-3239	209	2	costs	cost	NOUN
fsr-3239	209	3	are	be	AUX
fsr-3239	209	4	computed	compute	VERB
fsr-3239	209	5	using	use	VERB
fsr-3239	209	6	the	the	DET
fsr-3239	209	7	same	same	ADJ
fsr-3239	209	8	online	online	ADJ
fsr-3239	209	9	brokerage	brokerage	NOUN
fsr-3239	209	10	fee	fee	NOUN
fsr-3239	209	11	of	of	ADP
fsr-3239	209	12	$	$	SYM
fsr-3239	209	13	7	7	NUM
fsr-3239	209	14	per	per	ADP
fsr-3239	209	15	trade	trade	NOUN
fsr-3239	209	16	used	use	VERB
fsr-3239	209	17	by	by	ADP
fsr-3239	209	18	s&c	s&c	PROPN
fsr-3239	209	19	.	.	PUNCT
fsr-3239	210	1	we	we	PRON
fsr-3239	210	2	do	do	AUX
fsr-3239	210	3	not	not	PART
fsr-3239	210	4	have	have	VERB
fsr-3239	210	5	data	datum	NOUN
fsr-3239	210	6	on	on	ADP
fsr-3239	210	7	the	the	DET
fsr-3239	210	8	number	number	NOUN
fsr-3239	210	9	of	of	ADP
fsr-3239	210	10	trades	trade	NOUN
fsr-3239	210	11	each	each	DET
fsr-3239	210	12	month	month	NOUN
fsr-3239	210	13	so	so	SCONJ
fsr-3239	210	14	we	we	PRON
fsr-3239	210	15	follow	follow	VERB
fsr-3239	210	16	s	s	PROPN
fsr-3239	210	17	&	&	CCONJ
fsr-3239	210	18	c	c	NOUN
fsr-3239	210	19	by	by	ADP
fsr-3239	210	20	using	use	VERB
fsr-3239	210	21	the	the	DET
fsr-3239	210	22	average	average	ADJ
fsr-3239	210	23	number	number	NOUN
fsr-3239	210	24	of	of	ADP
fsr-3239	210	25	stocks	stock	NOUN
fsr-3239	210	26	in	in	ADP
fsr-3239	210	27	the	the	DET
fsr-3239	210	28	portfolio	portfolio	NOUN
fsr-3239	210	29	as	as	ADP
fsr-3239	210	30	a	a	DET
fsr-3239	210	31	proxy	proxy	NOUN
fsr-3239	210	32	.	.	PUNCT
fsr-3239	211	1	with	with	ADP
fsr-3239	211	2	these	these	DET
fsr-3239	211	3	assumptions	assumption	NOUN
fsr-3239	211	4	,	,	PUNCT
fsr-3239	211	5	the	the	DET
fsr-3239	211	6	aaii	aaii	NOUN
fsr-3239	211	7	rebalancing	rebalancing	NOUN
fsr-3239	211	8	approach	approach	NOUN
fsr-3239	211	9	results	result	NOUN
fsr-3239	211	10	in	in	ADP
fsr-3239	211	11	a	a	DET
fsr-3239	211	12	monthly	monthly	ADJ
fsr-3239	211	13	roundtrip	roundtrip	NOUN
fsr-3239	211	14	transaction	transaction	NOUN
fsr-3239	211	15	cost	cost	NOUN
fsr-3239	211	16	calculated	calculate	VERB
fsr-3239	211	17	as	as	SCONJ
fsr-3239	211	18	follows	follow	VERB
fsr-3239	211	19	:	:	PUNCT
fsr-3239	211	20	(	(	PUNCT
fsr-3239	211	21	$	$	SYM
fsr-3239	211	22	7	7	NUM
fsr-3239	211	23	)	)	PUNCT
fsr-3239	211	24	(	(	PUNCT
fsr-3239	211	25	2	2	NUM
fsr-3239	211	26	)	)	PUNCT
fsr-3239	211	27	(	(	PUNCT
fsr-3239	211	28	average	average	ADJ
fsr-3239	211	29	number	number	NOUN
fsr-3239	211	30	of	of	ADP
fsr-3239	211	31	stocks	stock	NOUN
fsr-3239	211	32	in	in	ADP
fsr-3239	211	33	the	the	DET
fsr-3239	211	34	portfolio	portfolio	NOUN
fsr-3239	211	35	)	)	PUNCT
fsr-3239	211	36	�	�	PROPN
fsr-3239	211	37	$	$	SYM
fsr-3239	211	38	transaction	transaction	NOUN
fsr-3239	211	39	cost	cost	NOUN
fsr-3239	211	40	.	.	PUNCT
fsr-3239	212	1	(	(	PUNCT
fsr-3239	212	2	4	4	X
fsr-3239	212	3	)	)	PUNCT
fsr-3239	212	4	given	give	VERB
fsr-3239	212	5	the	the	DET
fsr-3239	212	6	flat	flat	ADJ
fsr-3239	212	7	cost	cost	NOUN
fsr-3239	212	8	per	per	ADP
fsr-3239	212	9	trade	trade	NOUN
fsr-3239	212	10	,	,	PUNCT
fsr-3239	212	11	the	the	DET
fsr-3239	212	12	transaction	transaction	NOUN
fsr-3239	212	13	costs	cost	NOUN
fsr-3239	212	14	is	be	AUX
fsr-3239	212	15	higher	high	ADJ
fsr-3239	212	16	for	for	ADP
fsr-3239	212	17	those	those	DET
fsr-3239	212	18	screens	screen	NOUN
fsr-3239	212	19	that	that	PRON
fsr-3239	212	20	result	result	VERB
fsr-3239	212	21	in	in	ADP
fsr-3239	212	22	a	a	DET
fsr-3239	212	23	larger	large	ADJ
fsr-3239	212	24	number	number	NOUN
fsr-3239	212	25	of	of	ADP
fsr-3239	212	26	stocks	stock	NOUN
fsr-3239	212	27	in	in	ADP
fsr-3239	212	28	a	a	DET
fsr-3239	212	29	portfolio	portfolio	NOUN
fsr-3239	212	30	.	.	PUNCT
fsr-3239	213	1	the	the	DET
fsr-3239	213	2	amount	amount	NOUN
fsr-3239	213	3	of	of	ADP
fsr-3239	213	4	the	the	DET
fsr-3239	213	5	initial	initial	ADJ
fsr-3239	213	6	investment	investment	NOUN
fsr-3239	213	7	is	be	AUX
fsr-3239	213	8	also	also	ADV
fsr-3239	213	9	a	a	DET
fsr-3239	213	10	relevant	relevant	ADJ
fsr-3239	213	11	factor	factor	NOUN
fsr-3239	213	12	since	since	SCONJ
fsr-3239	213	13	the	the	DET
fsr-3239	213	14	fixed	fix	VERB
fsr-3239	213	15	dollar	dollar	NOUN
fsr-3239	213	16	transaction	transaction	NOUN
fsr-3239	213	17	costs	cost	NOUN
fsr-3239	213	18	is	be	AUX
fsr-3239	213	19	a	a	DET
fsr-3239	213	20	higher	high	ADJ
fsr-3239	213	21	percentage	percentage	NOUN
fsr-3239	213	22	of	of	ADP
fsr-3239	213	23	a	a	DET
fsr-3239	213	24	smaller	small	ADJ
fsr-3239	213	25	total	total	ADJ
fsr-3239	213	26	investment	investment	NOUN
fsr-3239	213	27	amount	amount	NOUN
fsr-3239	213	28	.	.	PUNCT
fsr-3239	214	1	this	this	PRON
fsr-3239	214	2	is	be	AUX
fsr-3239	214	3	an	an	DET
fsr-3239	214	4	important	important	ADJ
fsr-3239	214	5	consideration	consideration	NOUN
fsr-3239	214	6	because	because	SCONJ
fsr-3239	214	7	the	the	DET
fsr-3239	214	8	aaii	aaii	NOUN
fsr-3239	214	9	screens	screen	NOUN
fsr-3239	214	10	are	be	AUX
fsr-3239	214	11	designed	design	VERB
fsr-3239	214	12	for	for	ADP
fsr-3239	214	13	individual	individual	ADJ
fsr-3239	214	14	investors	investor	NOUN
fsr-3239	214	15	who	who	PRON
fsr-3239	214	16	may	may	AUX
fsr-3239	214	17	not	not	PART
fsr-3239	214	18	have	have	VERB
fsr-3239	214	19	large	large	ADJ
fsr-3239	214	20	amounts	amount	NOUN
fsr-3239	214	21	to	to	PART
fsr-3239	214	22	invest	invest	VERB
fsr-3239	214	23	.	.	PUNCT
fsr-3239	215	1	for	for	ADP
fsr-3239	215	2	the	the	DET
fsr-3239	215	3	january	january	PROPN
fsr-3239	215	4	1998	1998	NUM
fsr-3239	215	5	through	through	ADP
fsr-3239	215	6	december	december	PROPN
fsr-3239	215	7	2011	2011	NUM
fsr-3239	215	8	investment	investment	NOUN
fsr-3239	215	9	period	period	NOUN
fsr-3239	215	10	,	,	PUNCT
fsr-3239	215	11	table	table	NOUN
fsr-3239	215	12	2	2	NUM
fsr-3239	215	13	shows	show	VERB
fsr-3239	215	14	the	the	DET
fsr-3239	215	15	table	table	NOUN
fsr-3239	215	16	2	2	NUM
fsr-3239	215	17	relationship	relationship	NOUN
fsr-3239	215	18	between	between	ADP
fsr-3239	215	19	initial	initial	ADJ
fsr-3239	215	20	investments	investment	NOUN
fsr-3239	215	21	and	and	CCONJ
fsr-3239	215	22	the	the	DET
fsr-3239	215	23	mean	mean	ADJ
fsr-3239	215	24	monthly	monthly	ADJ
fsr-3239	215	25	average	average	ADJ
fsr-3239	215	26	returns	return	NOUN
fsr-3239	215	27	after	after	ADP
fsr-3239	215	28	transaction	transaction	NOUN
fsr-3239	215	29	costs	cost	VERB
fsr-3239	215	30	for	for	ADP
fsr-3239	215	31	aaii	aaii	NOUN
fsr-3239	215	32	portfolios	portfolio	NOUN
fsr-3239	215	33	over	over	ADP
fsr-3239	215	34	the	the	DET
fsr-3239	215	35	investment	investment	NOUN
fsr-3239	215	36	horizon	horizon	NOUN
fsr-3239	215	37	from	from	ADP
fsr-3239	215	38	january	january	PROPN
fsr-3239	215	39	1998	1998	NUM
fsr-3239	215	40	through	through	ADP
fsr-3239	215	41	december	december	PROPN
fsr-3239	215	42	2011a	2011a	NUM
fsr-3239	215	43	initial	initial	ADJ
fsr-3239	215	44	investment	investment	NOUN
fsr-3239	215	45	$	$	SYM
fsr-3239	215	46	10k	10k	NOUN
fsr-3239	215	47	$	$	SYM
fsr-3239	215	48	20k	20k	NOUN
fsr-3239	215	49	$	$	SYM
fsr-3239	215	50	30k	30k	NUM
fsr-3239	215	51	$	$	SYM
fsr-3239	215	52	40k	40k	NOUN
fsr-3239	215	53	$	$	SYM
fsr-3239	215	54	50k	50k	NUM
fsr-3239	215	55	$	$	SYM
fsr-3239	215	56	60k	60k	NOUN
fsr-3239	215	57	$	$	SYM
fsr-3239	215	58	70k	70k	NOUN
fsr-3239	215	59	$	$	SYM
fsr-3239	215	60	80k	80k	NUM
fsr-3239	215	61	$	$	SYM
fsr-3239	215	62	90k	90k	NUM
fsr-3239	215	63	$	$	SYM
fsr-3239	215	64	100k	100k	NUM
fsr-3239	215	65	number	number	NOUN
fsr-3239	215	66	of	of	ADP
fsr-3239	215	67	funds	fund	NOUN
fsr-3239	215	68	with	with	ADP
fsr-3239	215	69	positive	positive	ADJ
fsr-3239	215	70	average	average	ADJ
fsr-3239	215	71	returns	return	NOUN
fsr-3239	215	72	8	8	NUM
fsr-3239	215	73	21	21	NUM
fsr-3239	215	74	31	31	NUM
fsr-3239	215	75	42	42	NUM
fsr-3239	215	76	49	49	NUM
fsr-3239	215	77	52	52	NUM
fsr-3239	215	78	53	53	NUM
fsr-3239	215	79	54	54	NUM
fsr-3239	215	80	55	55	NUM
fsr-3239	215	81	55	55	NUM
fsr-3239	215	82	%	%	NOUN
fsr-3239	215	83	of	of	ADP
fsr-3239	215	84	funds	fund	NOUN
fsr-3239	215	85	with	with	ADP
fsr-3239	215	86	positive	positive	ADJ
fsr-3239	215	87	average	average	ADJ
fsr-3239	215	88	returns	return	NOUN
fsr-3239	215	89	14	14	NUM
fsr-3239	215	90	%	%	NOUN
fsr-3239	215	91	38	38	NUM
fsr-3239	215	92	%	%	NOUN
fsr-3239	215	93	55	55	NUM
fsr-3239	215	94	%	%	NOUN
fsr-3239	215	95	75	75	NUM
fsr-3239	215	96	%	%	NOUN
fsr-3239	215	97	88	88	NUM
fsr-3239	215	98	%	%	NOUN
fsr-3239	215	99	93	93	NUM
fsr-3239	215	100	%	%	NOUN
fsr-3239	215	101	95	95	NUM
fsr-3239	215	102	%	%	NOUN
fsr-3239	215	103	96	96	NUM
fsr-3239	215	104	%	%	NOUN
fsr-3239	215	105	98	98	NUM
fsr-3239	215	106	%	%	NOUN
fsr-3239	215	107	98	98	NUM
fsr-3239	215	108	%	%	NOUN
fsr-3239	215	109	a	a	DET
fsr-3239	215	110	the	the	DET
fsr-3239	215	111	analysis	analysis	NOUN
fsr-3239	215	112	used	use	VERB
fsr-3239	215	113	all	all	DET
fsr-3239	215	114	56	56	NUM
fsr-3239	215	115	aaii	aaii	NOUN
fsr-3239	215	116	funds	fund	NOUN
fsr-3239	215	117	.	.	PUNCT
fsr-3239	216	1	transaction	transaction	NOUN
fsr-3239	216	2	cost	cost	NOUN
fsr-3239	216	3	calculation	calculation	NOUN
fsr-3239	216	4	assumes	assume	VERB
fsr-3239	216	5	100	100	NUM
fsr-3239	216	6	%	%	NOUN
fsr-3239	216	7	turnover	turnover	NOUN
fsr-3239	216	8	each	each	DET
fsr-3239	216	9	month	month	NOUN
fsr-3239	216	10	and	and	CCONJ
fsr-3239	216	11	$	$	SYM
fsr-3239	216	12	7	7	NUM
fsr-3239	216	13	per	per	ADP
fsr-3239	216	14	trade	trade	NOUN
fsr-3239	216	15	.	.	PUNCT
fsr-3239	217	1	the	the	DET
fsr-3239	217	2	dollar	dollar	NOUN
fsr-3239	217	3	cost	cost	VERB
fsr-3239	217	4	each	each	DET
fsr-3239	217	5	month	month	NOUN
fsr-3239	217	6	is	be	AUX
fsr-3239	217	7	$	$	SYM
fsr-3239	217	8	7	7	NUM
fsr-3239	217	9	(	(	PUNCT
fsr-3239	217	10	2	2	NUM
fsr-3239	217	11	)	)	PUNCT
fsr-3239	217	12	(	(	PUNCT
fsr-3239	217	13	no	no	INTJ
fsr-3239	217	14	.	.	PUNCT
fsr-3239	218	1	stocks	stock	NOUN
fsr-3239	218	2	in	in	ADP
fsr-3239	218	3	the	the	DET
fsr-3239	218	4	portfolio	portfolio	NOUN
fsr-3239	218	5	)	)	PUNCT
fsr-3239	218	6	.	.	PUNCT
fsr-3239	219	1	166	166	NUM
fsr-3239	219	2	d.s	d.s	PROPN
fsr-3239	219	3	.	.	PROPN
fsr-3239	219	4	north	north	PROPN
fsr-3239	219	5	,	,	PUNCT
fsr-3239	219	6	j.l	j.l	PROPN
fsr-3239	219	7	.	.	PROPN
fsr-3239	219	8	stevens	stevens	PROPN
fsr-3239	219	9	/	/	SYM
fsr-3239	219	10	financial	financial	ADJ
fsr-3239	219	11	services	service	NOUN
fsr-3239	219	12	review	review	VERB
fsr-3239	219	13	24	24	NUM
fsr-3239	219	14	(	(	PUNCT
fsr-3239	219	15	2015	2015	NUM
fsr-3239	219	16	)	)	PUNCT
fsr-3239	219	17	157–176	157–176	NUM
fsr-3239	219	18	number	number	NOUN
fsr-3239	219	19	and	and	CCONJ
fsr-3239	219	20	percentage	percentage	NOUN
fsr-3239	219	21	of	of	ADP
fsr-3239	219	22	portfolios	portfolio	NOUN
fsr-3239	219	23	with	with	ADP
fsr-3239	219	24	positive	positive	ADJ
fsr-3239	219	25	average	average	ADJ
fsr-3239	219	26	monthly	monthly	ADJ
fsr-3239	219	27	rates	rate	NOUN
fsr-3239	219	28	of	of	ADP
fsr-3239	219	29	return	return	NOUN
fsr-3239	219	30	after	after	ADP
fsr-3239	219	31	transaction	transaction	NOUN
fsr-3239	219	32	costs	cost	NOUN
fsr-3239	219	33	.	.	PUNCT
fsr-3239	220	1	for	for	ADP
fsr-3239	220	2	example	example	NOUN
fsr-3239	220	3	,	,	PUNCT
fsr-3239	220	4	less	less	ADJ
fsr-3239	220	5	than	than	ADP
fsr-3239	220	6	38	38	NUM
fsr-3239	220	7	%	%	NOUN
fsr-3239	220	8	of	of	ADP
fsr-3239	220	9	the	the	DET
fsr-3239	220	10	56	56	NUM
fsr-3239	220	11	aaii	aaii	NOUN
fsr-3239	220	12	portfolios	portfolio	NOUN
fsr-3239	220	13	in	in	ADP
fsr-3239	220	14	the	the	DET
fsr-3239	220	15	study	study	NOUN
fsr-3239	220	16	generated	generate	VERB
fsr-3239	220	17	positive	positive	ADJ
fsr-3239	220	18	after	after	ADP
fsr-3239	220	19	-	-	PUNCT
fsr-3239	220	20	transaction	transaction	NOUN
fsr-3239	220	21	cost	cost	NOUN
fsr-3239	220	22	returns	return	NOUN
fsr-3239	220	23	if	if	SCONJ
fsr-3239	220	24	an	an	DET
fsr-3239	220	25	investor	investor	NOUN
fsr-3239	220	26	put	put	VERB
fsr-3239	220	27	less	less	ADJ
fsr-3239	220	28	than	than	ADP
fsr-3239	220	29	$	$	SYM
fsr-3239	220	30	20,000	20,000	NUM
fsr-3239	220	31	into	into	ADP
fsr-3239	220	32	the	the	DET
fsr-3239	220	33	strategy	strategy	NOUN
fsr-3239	220	34	.	.	PUNCT
fsr-3239	221	1	as	as	SCONJ
fsr-3239	221	2	the	the	DET
fsr-3239	221	3	amount	amount	NOUN
fsr-3239	221	4	invested	invest	VERB
fsr-3239	221	5	goes	go	VERB
fsr-3239	221	6	up	up	ADP
fsr-3239	221	7	to	to	PART
fsr-3239	221	8	$	$	SYM
fsr-3239	221	9	100,000	100,000	NUM
fsr-3239	221	10	or	or	CCONJ
fsr-3239	221	11	more	more	ADJ
fsr-3239	221	12	virtually	virtually	ADV
fsr-3239	221	13	all	all	DET
fsr-3239	221	14	the	the	DET
fsr-3239	221	15	aaii	aaii	NOUN
fsr-3239	221	16	screens	screen	NOUN
fsr-3239	221	17	generate	generate	VERB
fsr-3239	221	18	positive	positive	ADJ
fsr-3239	221	19	after	after	ADP
fsr-3239	221	20	-	-	PUNCT
fsr-3239	221	21	transaction	transaction	NOUN
fsr-3239	221	22	cost	cost	VERB
fsr-3239	221	23	monthly	monthly	ADJ
fsr-3239	221	24	returns	return	NOUN
fsr-3239	221	25	.	.	PUNCT
fsr-3239	222	1	in	in	ADP
fsr-3239	222	2	the	the	DET
fsr-3239	222	3	performance	performance	NOUN
fsr-3239	222	4	evaluation	evaluation	NOUN
fsr-3239	222	5	of	of	ADP
fsr-3239	222	6	the	the	DET
fsr-3239	222	7	aaii	aaii	NOUN
fsr-3239	222	8	screens	screen	NOUN
fsr-3239	222	9	that	that	PRON
fsr-3239	222	10	follows	follow	VERB
fsr-3239	222	11	we	we	PRON
fsr-3239	222	12	consider	consider	VERB
fsr-3239	222	13	$	$	SYM
fsr-3239	222	14	50,000	50,000	NUM
fsr-3239	222	15	,	,	PUNCT
fsr-3239	222	16	$	$	SYM
fsr-3239	222	17	100,000	100,000	NUM
fsr-3239	222	18	,	,	PUNCT
fsr-3239	222	19	and	and	CCONJ
fsr-3239	222	20	zero	zero	NUM
fsr-3239	222	21	initial	initial	ADJ
fsr-3239	222	22	investments	investment	NOUN
fsr-3239	222	23	with	with	ADP
fsr-3239	222	24	corresponding	corresponding	ADJ
fsr-3239	222	25	transaction	transaction	NOUN
fsr-3239	222	26	cost	cost	NOUN
fsr-3239	222	27	scenarios	scenario	NOUN
fsr-3239	222	28	.	.	PUNCT
fsr-3239	223	1	6	6	X
fsr-3239	223	2	.	.	X
fsr-3239	223	3	overall	overall	ADJ
fsr-3239	223	4	analysis	analysis	NOUN
fsr-3239	223	5	of	of	ADP
fsr-3239	223	6	aaii	aaii	NOUN
fsr-3239	223	7	portfolio	portfolio	NOUN
fsr-3239	223	8	screens	screen	NOUN
fsr-3239	223	9	we	we	PRON
fsr-3239	223	10	analyze	analyze	VERB
fsr-3239	223	11	performance	performance	NOUN
fsr-3239	223	12	of	of	ADP
fsr-3239	223	13	the	the	DET
fsr-3239	223	14	56	56	NUM
fsr-3239	223	15	aaii	aaii	NOUN
fsr-3239	223	16	portfolios	portfolio	NOUN
fsr-3239	223	17	over	over	ADP
fsr-3239	223	18	the	the	DET
fsr-3239	223	19	period	period	NOUN
fsr-3239	223	20	from	from	ADP
fsr-3239	223	21	january	january	PROPN
fsr-3239	223	22	1998	1998	NUM
fsr-3239	223	23	through	through	ADP
fsr-3239	223	24	december	december	PROPN
fsr-3239	223	25	2011	2011	NUM
fsr-3239	223	26	by	by	ADP
fsr-3239	223	27	style	style	NOUN
fsr-3239	223	28	,	,	PUNCT
fsr-3239	223	29	by	by	ADP
fsr-3239	223	30	transaction	transaction	NOUN
fsr-3239	223	31	cost	cost	NOUN
fsr-3239	223	32	,	,	PUNCT
fsr-3239	223	33	and	and	CCONJ
fsr-3239	223	34	by	by	ADP
fsr-3239	223	35	different	different	ADJ
fsr-3239	223	36	measures	measure	NOUN
fsr-3239	223	37	of	of	ADP
fsr-3239	223	38	performance	performance	NOUN
fsr-3239	223	39	.	.	PUNCT
fsr-3239	224	1	the	the	DET
fsr-3239	224	2	total	total	ADJ
fsr-3239	224	3	output	output	NOUN
fsr-3239	224	4	from	from	ADP
fsr-3239	224	5	this	this	DET
fsr-3239	224	6	analysis	analysis	NOUN
fsr-3239	224	7	is	be	AUX
fsr-3239	224	8	too	too	ADV
fsr-3239	224	9	extensive	extensive	ADJ
fsr-3239	224	10	to	to	PART
fsr-3239	224	11	put	put	VERB
fsr-3239	224	12	in	in	ADP
fsr-3239	224	13	print	print	NOUN
fsr-3239	224	14	but	but	CCONJ
fsr-3239	224	15	is	be	AUX
fsr-3239	224	16	available	available	ADJ
fsr-3239	224	17	upon	upon	SCONJ
fsr-3239	224	18	request	request	NOUN
fsr-3239	224	19	from	from	ADP
fsr-3239	224	20	the	the	DET
fsr-3239	224	21	authors	author	NOUN
fsr-3239	224	22	.	.	PUNCT
fsr-3239	225	1	table	table	NOUN
fsr-3239	225	2	3	3	NUM
fsr-3239	225	3	provides	provide	VERB
fsr-3239	225	4	a	a	DET
fsr-3239	225	5	summary	summary	NOUN
fsr-3239	225	6	of	of	ADP
fsr-3239	225	7	the	the	DET
fsr-3239	225	8	key	key	ADJ
fsr-3239	225	9	findings	finding	NOUN
fsr-3239	225	10	.	.	PUNCT
fsr-3239	226	1	for	for	ADP
fsr-3239	226	2	each	each	DET
fsr-3239	226	3	performance	performance	NOUN
fsr-3239	226	4	measure	measure	NOUN
fsr-3239	226	5	we	we	PRON
fsr-3239	226	6	compare	compare	VERB
fsr-3239	226	7	findings	finding	NOUN
fsr-3239	226	8	with	with	ADP
fsr-3239	226	9	zero	zero	NUM
fsr-3239	226	10	transaction	transaction	NOUN
fsr-3239	226	11	costs	cost	NOUN
fsr-3239	226	12	to	to	PART
fsr-3239	226	13	findings	finding	NOUN
fsr-3239	226	14	with	with	ADP
fsr-3239	226	15	after	after	ADP
fsr-3239	226	16	-	-	PUNCT
fsr-3239	226	17	cost	cost	NOUN
fsr-3239	226	18	returns	return	NOUN
fsr-3239	226	19	for	for	ADP
fsr-3239	226	20	initial	initial	ADJ
fsr-3239	226	21	investments	investment	NOUN
fsr-3239	226	22	of	of	ADP
fsr-3239	226	23	$	$	SYM
fsr-3239	226	24	50,000	50,000	NUM
fsr-3239	226	25	and	and	CCONJ
fsr-3239	226	26	$	$	SYM
fsr-3239	226	27	100,000	100,000	NUM
fsr-3239	226	28	.	.	PUNCT
fsr-3239	227	1	the	the	DET
fsr-3239	227	2	columns	column	NOUN
fsr-3239	227	3	in	in	ADP
fsr-3239	227	4	table	table	NOUN
fsr-3239	227	5	3	3	NUM
fsr-3239	227	6	represent	represent	VERB
fsr-3239	227	7	six	six	NUM
fsr-3239	227	8	different	different	ADJ
fsr-3239	227	9	performance	performance	NOUN
fsr-3239	227	10	measures	measure	NOUN
fsr-3239	227	11	for	for	ADP
fsr-3239	227	12	the	the	DET
fsr-3239	227	13	aaii	aaii	NOUN
fsr-3239	227	14	portfolios	portfolio	NOUN
fsr-3239	227	15	.	.	PUNCT
fsr-3239	228	1	the	the	DET
fsr-3239	228	2	first	first	ADJ
fsr-3239	228	3	four	four	NUM
fsr-3239	228	4	columns	column	NOUN
fsr-3239	228	5	are	be	AUX
fsr-3239	228	6	basic	basic	ADJ
fsr-3239	228	7	performance	performance	NOUN
fsr-3239	228	8	measures	measure	NOUN
fsr-3239	228	9	much	much	ADJ
fsr-3239	228	10	like	like	ADP
fsr-3239	228	11	those	those	PRON
fsr-3239	228	12	used	use	VERB
fsr-3239	228	13	by	by	ADP
fsr-3239	228	14	aaii	aaii	NOUN
fsr-3239	228	15	and	and	CCONJ
fsr-3239	228	16	s&c	s&c	PROPN
fsr-3239	228	17	plus	plus	CCONJ
fsr-3239	228	18	a	a	DET
fsr-3239	228	19	median	median	ADJ
fsr-3239	228	20	monthly	monthly	ADJ
fsr-3239	228	21	return	return	NOUN
fsr-3239	228	22	(	(	PUNCT
fsr-3239	228	23	mdmr	mdmr	NOUN
fsr-3239	228	24	)	)	PUNCT
fsr-3239	228	25	.	.	PUNCT
fsr-3239	229	1	the	the	DET
fsr-3239	229	2	last	last	ADJ
fsr-3239	229	3	two	two	NUM
fsr-3239	229	4	columns	column	NOUN
fsr-3239	229	5	represent	represent	VERB
fsr-3239	229	6	findings	finding	NOUN
fsr-3239	229	7	for	for	ADP
fsr-3239	229	8	single	single	ADJ
fsr-3239	229	9	-	-	PUNCT
fsr-3239	229	10	factor	factor	NOUN
fsr-3239	229	11	(	(	PUNCT
fsr-3239	229	12	1fmm	1fmm	NUM
fsr-3239	229	13	)	)	PUNCT
fsr-3239	229	14	�	�	PROPN
fsr-3239	229	15	s	s	PART
fsr-3239	229	16	and	and	CCONJ
fsr-3239	229	17	three	three	NUM
fsr-3239	229	18	-	-	PUNCT
fsr-3239	229	19	factor	factor	NOUN
fsr-3239	229	20	(	(	PUNCT
fsr-3239	229	21	3fmm	3fmm	NOUN
fsr-3239	229	22	)	)	PUNCT
fsr-3239	229	23	�	�	PROPN
fsr-3239	229	24	s	s	PART
fsr-3239	229	25	,	,	PUNCT
fsr-3239	229	26	respectively	respectively	ADV
fsr-3239	229	27	.	.	PUNCT
fsr-3239	230	1	for	for	ADP
fsr-3239	230	2	gmmr	gmmr	ADJ
fsr-3239	230	3	relative	relative	ADJ
fsr-3239	230	4	to	to	ADP
fsr-3239	230	5	the	the	DET
fsr-3239	230	6	best	good	ADJ
fsr-3239	230	7	-	-	PUNCT
fsr-3239	230	8	fit	fit	ADJ
fsr-3239	230	9	index	index	NOUN
fsr-3239	230	10	(	(	PUNCT
fsr-3239	230	11	bfi	bfi	PROPN
fsr-3239	230	12	)	)	PUNCT
fsr-3239	230	13	without	without	ADP
fsr-3239	230	14	transaction	transaction	NOUN
fsr-3239	230	15	costs	cost	NOUN
fsr-3239	230	16	we	we	PRON
fsr-3239	230	17	find	find	VERB
fsr-3239	230	18	that	that	SCONJ
fsr-3239	230	19	79	79	NUM
fsr-3239	230	20	%	%	NOUN
fsr-3239	230	21	of	of	ADP
fsr-3239	230	22	the	the	DET
fsr-3239	230	23	portfolios	portfolio	NOUN
fsr-3239	230	24	beat	beat	VERB
fsr-3239	230	25	the	the	DET
fsr-3239	230	26	bfi	bfi	PROPN
fsr-3239	230	27	returns	return	VERB
fsr-3239	230	28	with	with	ADP
fsr-3239	230	29	an	an	DET
fsr-3239	230	30	average	average	ADJ
fsr-3239	230	31	spread	spread	NOUN
fsr-3239	230	32	over	over	ADP
fsr-3239	230	33	the	the	DET
fsr-3239	230	34	benchmark	benchmark	NOUN
fsr-3239	230	35	of	of	ADP
fsr-3239	230	36	38	38	NUM
fsr-3239	230	37	basis	basis	NOUN
fsr-3239	230	38	points	point	NOUN
fsr-3239	230	39	per	per	ADP
fsr-3239	230	40	month	month	NOUN
fsr-3239	230	41	.	.	PUNCT
fsr-3239	231	1	s&c	s&c	PROPN
fsr-3239	231	2	had	have	VERB
fsr-3239	231	3	almost	almost	ADV
fsr-3239	231	4	identical	identical	ADJ
fsr-3239	231	5	findings	finding	NOUN
fsr-3239	231	6	with	with	ADP
fsr-3239	231	7	79.6	79.6	NUM
fsr-3239	231	8	%	%	NOUN
fsr-3239	231	9	of	of	ADP
fsr-3239	231	10	the	the	DET
fsr-3239	231	11	aaii	aaii	NOUN
fsr-3239	231	12	screened	screen	VERB
fsr-3239	231	13	portfolios	portfolio	NOUN
fsr-3239	231	14	beating	beat	VERB
fsr-3239	231	15	the	the	DET
fsr-3239	231	16	bfi	bfi	PROPN
fsr-3239	231	17	on	on	ADP
fsr-3239	231	18	a	a	DET
fsr-3239	231	19	raw	raw	ADJ
fsr-3239	231	20	cumulative	cumulative	ADJ
fsr-3239	231	21	return	return	NOUN
fsr-3239	231	22	basis	basis	NOUN
fsr-3239	231	23	without	without	ADP
fsr-3239	231	24	transaction	transaction	NOUN
fsr-3239	231	25	costs	cost	NOUN
fsr-3239	231	26	.	.	PUNCT
fsr-3239	232	1	value	value	NOUN
fsr-3239	232	2	(	(	PUNCT
fsr-3239	232	3	v	v	NOUN
fsr-3239	232	4	)	)	PUNCT
fsr-3239	232	5	screens	screen	NOUN
fsr-3239	232	6	offered	offer	VERB
fsr-3239	232	7	the	the	DET
fsr-3239	232	8	best	good	ADJ
fsr-3239	232	9	performance	performance	NOUN
fsr-3239	232	10	with	with	ADP
fsr-3239	232	11	83	83	NUM
fsr-3239	232	12	%	%	NOUN
fsr-3239	232	13	of	of	ADP
fsr-3239	232	14	the	the	DET
fsr-3239	232	15	value	value	NOUN
fsr-3239	232	16	portfolios	portfolio	NOUN
fsr-3239	232	17	beating	beat	VERB
fsr-3239	232	18	the	the	DET
fsr-3239	232	19	bfi	bfi	PROPN
fsr-3239	232	20	with	with	ADP
fsr-3239	232	21	an	an	DET
fsr-3239	232	22	average	average	ADJ
fsr-3239	232	23	gmmr	gmmr	ADJ
fsr-3239	232	24	difference	difference	NOUN
fsr-3239	232	25	of	of	ADP
fsr-3239	232	26	46	46	NUM
fsr-3239	232	27	basis	basis	NOUN
fsr-3239	232	28	points	point	NOUN
fsr-3239	232	29	.	.	PUNCT
fsr-3239	233	1	gmmr	gmmr	ADJ
fsr-3239	233	2	performance	performance	NOUN
fsr-3239	233	3	is	be	AUX
fsr-3239	233	4	much	much	ADV
fsr-3239	233	5	worse	bad	ADJ
fsr-3239	233	6	when	when	SCONJ
fsr-3239	233	7	transaction	transaction	NOUN
fsr-3239	233	8	costs	cost	NOUN
fsr-3239	233	9	are	be	AUX
fsr-3239	233	10	introduced	introduce	VERB
fsr-3239	233	11	.	.	PUNCT
fsr-3239	234	1	when	when	SCONJ
fsr-3239	234	2	the	the	DET
fsr-3239	234	3	initial	initial	ADJ
fsr-3239	234	4	investment	investment	NOUN
fsr-3239	234	5	is	be	AUX
fsr-3239	234	6	$	$	SYM
fsr-3239	234	7	100,000	100,000	NUM
fsr-3239	234	8	only	only	ADV
fsr-3239	234	9	61	61	NUM
fsr-3239	234	10	%	%	NOUN
fsr-3239	234	11	of	of	ADP
fsr-3239	234	12	the	the	DET
fsr-3239	234	13	portfolios	portfolio	NOUN
fsr-3239	234	14	beat	beat	VERB
fsr-3239	234	15	the	the	DET
fsr-3239	234	16	benchmark	benchmark	NOUN
fsr-3239	234	17	with	with	ADP
fsr-3239	234	18	an	an	DET
fsr-3239	234	19	average	average	ADJ
fsr-3239	234	20	gmmr	gmmr	ADJ
fsr-3239	234	21	margin	margin	NOUN
fsr-3239	234	22	of	of	ADP
fsr-3239	234	23	only	only	ADV
fsr-3239	234	24	17	17	NUM
fsr-3239	234	25	basis	basis	NOUN
fsr-3239	234	26	points	point	NOUN
fsr-3239	234	27	.	.	PUNCT
fsr-3239	235	1	for	for	ADP
fsr-3239	235	2	an	an	DET
fsr-3239	235	3	investor	investor	NOUN
fsr-3239	235	4	with	with	ADP
fsr-3239	235	5	$	$	SYM
fsr-3239	235	6	50,000	50,000	NUM
fsr-3239	235	7	to	to	PART
fsr-3239	235	8	invest	invest	VERB
fsr-3239	235	9	only	only	ADV
fsr-3239	235	10	38	38	NUM
fsr-3239	235	11	%	%	NOUN
fsr-3239	235	12	of	of	ADP
fsr-3239	235	13	the	the	DET
fsr-3239	235	14	portfolios	portfolio	NOUN
fsr-3239	235	15	beat	beat	VERB
fsr-3239	235	16	the	the	DET
fsr-3239	235	17	gmmr	gmmr	ADJ
fsr-3239	235	18	benchmark	benchmark	NOUN
fsr-3239	235	19	and	and	CCONJ
fsr-3239	235	20	the	the	DET
fsr-3239	235	21	overall	overall	ADJ
fsr-3239	235	22	average	average	ADJ
fsr-3239	235	23	spread	spread	NOUN
fsr-3239	235	24	is	be	AUX
fsr-3239	235	25	a	a	DET
fsr-3239	235	26	negative	negative	ADJ
fsr-3239	235	27	eight	eight	NUM
fsr-3239	235	28	basis	basis	NOUN
fsr-3239	235	29	points	point	NOUN
fsr-3239	235	30	.	.	PUNCT
fsr-3239	236	1	the	the	DET
fsr-3239	236	2	value	value	NOUN
fsr-3239	236	3	style	style	NOUN
fsr-3239	236	4	offers	offer	VERB
fsr-3239	236	5	the	the	DET
fsr-3239	236	6	best	good	ADJ
fsr-3239	236	7	performance	performance	NOUN
fsr-3239	236	8	when	when	SCONJ
fsr-3239	236	9	investors	investor	NOUN
fsr-3239	236	10	have	have	VERB
fsr-3239	236	11	$	$	SYM
fsr-3239	236	12	100,000	100,000	NUM
fsr-3239	236	13	invested	invest	VERB
fsr-3239	236	14	but	but	CCONJ
fsr-3239	236	15	the	the	DET
fsr-3239	236	16	growth	growth	NOUN
fsr-3239	236	17	style	style	NOUN
fsr-3239	236	18	is	be	AUX
fsr-3239	236	19	the	the	DET
fsr-3239	236	20	best	good	ADJ
fsr-3239	236	21	style	style	NOUN
fsr-3239	236	22	for	for	ADP
fsr-3239	236	23	the	the	DET
fsr-3239	236	24	smaller	small	ADJ
fsr-3239	236	25	$	$	SYM
fsr-3239	236	26	50,000	50,000	NUM
fsr-3239	236	27	investment	investment	NOUN
fsr-3239	236	28	.	.	PUNCT
fsr-3239	237	1	a	a	DET
fsr-3239	237	2	plausible	plausible	ADJ
fsr-3239	237	3	explanation	explanation	NOUN
fsr-3239	237	4	for	for	ADP
fsr-3239	237	5	this	this	DET
fsr-3239	237	6	finding	finding	NOUN
fsr-3239	237	7	is	be	AUX
fsr-3239	237	8	linked	link	VERB
fsr-3239	237	9	to	to	ADP
fsr-3239	237	10	the	the	DET
fsr-3239	237	11	difference	difference	NOUN
fsr-3239	237	12	in	in	ADP
fsr-3239	237	13	the	the	DET
fsr-3239	237	14	number	number	NOUN
fsr-3239	237	15	of	of	ADP
fsr-3239	237	16	stocks	stock	NOUN
fsr-3239	237	17	in	in	ADP
fsr-3239	237	18	growth	growth	NOUN
fsr-3239	237	19	and	and	CCONJ
fsr-3239	237	20	value	value	NOUN
fsr-3239	237	21	portfolios	portfolio	NOUN
fsr-3239	237	22	.	.	PUNCT
fsr-3239	238	1	of	of	ADP
fsr-3239	238	2	our	our	PRON
fsr-3239	238	3	56	56	NUM
fsr-3239	238	4	portfolios	portfolio	NOUN
fsr-3239	238	5	,	,	PUNCT
fsr-3239	238	6	growth	growth	NOUN
fsr-3239	238	7	strategy	strategy	NOUN
fsr-3239	238	8	portfolios	portfolio	NOUN
fsr-3239	238	9	have	have	VERB
fsr-3239	238	10	a	a	DET
fsr-3239	238	11	lower	low	ADJ
fsr-3239	238	12	number	number	NOUN
fsr-3239	238	13	of	of	ADP
fsr-3239	238	14	stocks	stock	NOUN
fsr-3239	238	15	to	to	PART
fsr-3239	238	16	trade	trade	VERB
fsr-3239	238	17	on	on	ADP
fsr-3239	238	18	average	average	ADJ
fsr-3239	238	19	(	(	PUNCT
fsr-3239	238	20	16.6	16.6	NUM
fsr-3239	238	21	)	)	PUNCT
fsr-3239	238	22	than	than	ADP
fsr-3239	238	23	any	any	DET
fsr-3239	238	24	other	other	ADJ
fsr-3239	238	25	portfolio	portfolio	NOUN
fsr-3239	238	26	style	style	NOUN
fsr-3239	238	27	.	.	PUNCT
fsr-3239	239	1	however	however	ADV
fsr-3239	239	2	,	,	PUNCT
fsr-3239	239	3	as	as	SCONJ
fsr-3239	239	4	the	the	DET
fsr-3239	239	5	amount	amount	NOUN
fsr-3239	239	6	invested	invest	VERB
fsr-3239	239	7	increases	increase	NOUN
fsr-3239	239	8	transaction	transaction	NOUN
fsr-3239	239	9	costs	cost	NOUN
fsr-3239	239	10	as	as	ADP
fsr-3239	239	11	a	a	DET
fsr-3239	239	12	percentage	percentage	NOUN
fsr-3239	239	13	of	of	ADP
fsr-3239	239	14	the	the	DET
fsr-3239	239	15	investment	investment	NOUN
fsr-3239	239	16	decrease	decrease	NOUN
fsr-3239	239	17	to	to	PART
fsr-3239	239	18	eliminate	eliminate	VERB
fsr-3239	239	19	the	the	DET
fsr-3239	239	20	advantage	advantage	NOUN
fsr-3239	239	21	of	of	ADP
fsr-3239	239	22	trading	trade	VERB
fsr-3239	239	23	small	small	ADJ
fsr-3239	239	24	numbers	number	NOUN
fsr-3239	239	25	of	of	ADP
fsr-3239	239	26	stocks	stock	NOUN
fsr-3239	239	27	in	in	ADP
fsr-3239	239	28	growth	growth	NOUN
fsr-3239	239	29	strategies	strategy	NOUN
fsr-3239	239	30	.	.	PUNCT
fsr-3239	240	1	the	the	DET
fsr-3239	240	2	ammr	ammr	NOUN
fsr-3239	240	3	without	without	ADP
fsr-3239	240	4	transaction	transaction	NOUN
fsr-3239	240	5	costs	cost	NOUN
fsr-3239	240	6	for	for	ADP
fsr-3239	240	7	86	86	NUM
fsr-3239	240	8	%	%	NOUN
fsr-3239	240	9	of	of	ADP
fsr-3239	240	10	the	the	DET
fsr-3239	240	11	portfolios	portfolio	NOUN
fsr-3239	240	12	beat	beat	VERB
fsr-3239	240	13	the	the	DET
fsr-3239	240	14	bfi	bfi	PROPN
fsr-3239	240	15	by	by	ADP
fsr-3239	240	16	an	an	DET
fsr-3239	240	17	average	average	NOUN
fsr-3239	240	18	of	of	ADP
fsr-3239	240	19	51	51	NUM
fsr-3239	240	20	basis	basis	NOUN
fsr-3239	240	21	points	point	NOUN
fsr-3239	240	22	per	per	ADP
fsr-3239	240	23	month	month	NOUN
fsr-3239	240	24	.	.	PUNCT
fsr-3239	241	1	however	however	ADV
fsr-3239	241	2	,	,	PUNCT
fsr-3239	241	3	only	only	ADV
fsr-3239	241	4	39	39	NUM
fsr-3239	241	5	%	%	NOUN
fsr-3239	241	6	of	of	ADP
fsr-3239	241	7	the	the	DET
fsr-3239	241	8	portfolios	portfolio	NOUN
fsr-3239	241	9	are	be	AUX
fsr-3239	241	10	statistically	statistically	ADV
fsr-3239	241	11	significantly	significantly	ADV
fsr-3239	241	12	higher	high	ADJ
fsr-3239	241	13	than	than	ADP
fsr-3239	241	14	the	the	DET
fsr-3239	241	15	best	good	ADJ
fsr-3239	241	16	fit	fit	ADJ
fsr-3239	241	17	benchmark	benchmark	NOUN
fsr-3239	241	18	.	.	PUNCT
fsr-3239	242	1	when	when	SCONJ
fsr-3239	242	2	transaction	transaction	NOUN
fsr-3239	242	3	costs	cost	NOUN
fsr-3239	242	4	are	be	AUX
fsr-3239	242	5	introduced	introduce	VERB
fsr-3239	242	6	statistically	statistically	ADV
fsr-3239	242	7	significant	significant	ADJ
fsr-3239	242	8	higher	high	ADJ
fsr-3239	242	9	ammrs	ammr	NOUN
fsr-3239	242	10	fall	fall	VERB
fsr-3239	242	11	to	to	ADP
fsr-3239	242	12	21	21	NUM
fsr-3239	242	13	%	%	NOUN
fsr-3239	242	14	for	for	ADP
fsr-3239	242	15	$	$	SYM
fsr-3239	242	16	50,000	50,000	NUM
fsr-3239	242	17	and	and	CCONJ
fsr-3239	242	18	27	27	NUM
fsr-3239	242	19	%	%	NOUN
fsr-3239	242	20	for	for	ADP
fsr-3239	242	21	$	$	SYM
fsr-3239	242	22	100,000	100,000	NUM
fsr-3239	242	23	investments	investment	NOUN
fsr-3239	242	24	.	.	PUNCT
fsr-3239	243	1	for	for	ADP
fsr-3239	243	2	the	the	DET
fsr-3239	243	3	statistically	statistically	ADV
fsr-3239	243	4	significant	significant	ADJ
fsr-3239	243	5	higher	high	ADJ
fsr-3239	243	6	ammrs	ammr	NOUN
fsr-3239	243	7	the	the	DET
fsr-3239	243	8	best	good	ADJ
fsr-3239	243	9	strategy	strategy	NOUN
fsr-3239	243	10	is	be	AUX
fsr-3239	243	11	v.	v.	ADV
fsr-3239	243	12	when	when	SCONJ
fsr-3239	243	13	we	we	PRON
fsr-3239	243	14	use	use	VERB
fsr-3239	243	15	median	median	ADJ
fsr-3239	243	16	returns	return	NOUN
fsr-3239	243	17	rather	rather	ADV
fsr-3239	243	18	than	than	ADP
fsr-3239	243	19	mean	mean	VERB
fsr-3239	243	20	returns	return	NOUN
fsr-3239	243	21	for	for	ADP
fsr-3239	243	22	the	the	DET
fsr-3239	243	23	aaii	aaii	NOUN
fsr-3239	243	24	portfolios	portfolio	NOUN
fsr-3239	243	25	,	,	PUNCT
fsr-3239	243	26	perfor167d.s	perfor167d.s	X
fsr-3239	243	27	.	.	PUNCT
fsr-3239	244	1	north	north	PROPN
fsr-3239	244	2	,	,	PUNCT
fsr-3239	244	3	j.l	j.l	PROPN
fsr-3239	244	4	.	.	PROPN
fsr-3239	244	5	stevens	stevens	PROPN
fsr-3239	244	6	/	/	SYM
fsr-3239	244	7	financial	financial	ADJ
fsr-3239	244	8	services	service	NOUN
fsr-3239	244	9	review	review	VERB
fsr-3239	244	10	24	24	NUM
fsr-3239	244	11	(	(	PUNCT
fsr-3239	244	12	2015	2015	NUM
fsr-3239	244	13	)	)	PUNCT
fsr-3239	245	1	157–176	157–176	NUM
fsr-3239	245	2	t	t	X
fsr-3239	245	3	ab	ab	PROPN
fsr-3239	245	4	le	le	PROPN
fsr-3239	245	5	3	3	NUM
fsr-3239	245	6	su	su	PROPN
fsr-3239	245	7	m	m	PROPN
fsr-3239	245	8	m	m	PROPN
fsr-3239	245	9	ar	ar	PROPN
fsr-3239	245	10	y	y	PROPN
fsr-3239	245	11	pe	pe	PROPN
fsr-3239	245	12	rf	rf	NOUN
fsr-3239	245	13	or	or	CCONJ
fsr-3239	245	14	m	m	VERB
fsr-3239	245	15	an	an	DET
fsr-3239	245	16	ce	ce	PROPN
fsr-3239	245	17	of	of	ADP
fsr-3239	245	18	a	a	DET
fsr-3239	245	19	a	a	DET
fsr-3239	245	20	ii	ii	NOUN
fsr-3239	245	21	po	po	INTJ
fsr-3239	246	1	rt	rt	INTJ
fsr-3239	246	2	fo	fo	INTJ
fsr-3239	246	3	lio	lio	PROPN
fsr-3239	247	1	s	s	VERB
fsr-3239	247	2	fr	fr	INTJ
fsr-3239	248	1	om	om	PROPN
fsr-3239	248	2	ja	ja	PROPN
fsr-3239	248	3	nu	nu	PROPN
fsr-3239	248	4	ar	ar	PROPN
fsr-3239	248	5	y	y	PROPN
fsr-3239	248	6	19	19	NUM
fsr-3239	248	7	98	98	NUM
fsr-3239	248	8	th	th	NOUN
fsr-3239	248	9	ro	ro	NOUN
fsr-3239	248	10	ug	ug	ADP
fsr-3239	248	11	h	h	PROPN
fsr-3239	249	1	d	d	PROPN
fsr-3239	249	2	ec	ec	PROPN
fsr-3239	249	3	em	em	PRON
fsr-3239	249	4	be	be	VERB
fsr-3239	249	5	r	r	NOUN
fsr-3239	249	6	20	20	NUM
fsr-3239	249	7	11	11	NUM
fsr-3239	249	8	by	by	ADP
fsr-3239	249	9	pe	pe	PROPN
fsr-3239	249	10	rf	rf	NOUN
fsr-3239	249	11	or	or	CCONJ
fsr-3239	249	12	m	m	VERB
fsr-3239	249	13	an	an	DET
fsr-3239	249	14	ce	ce	PROPN
fsr-3239	249	15	m	m	PROPN
fsr-3239	249	16	ea	ea	PROPN
fsr-3239	249	17	su	su	PROPN
fsr-3239	249	18	re	re	PROPN
fsr-3239	249	19	,	,	PUNCT
fsr-3239	249	20	st	st	PROPN
fsr-3239	249	21	yl	yl	PROPN
fsr-3239	249	22	e	e	PROPN
fsr-3239	249	23	,	,	PUNCT
fsr-3239	249	24	an	an	DET
fsr-3239	249	25	d	d	NOUN
fsr-3239	249	26	tr	tr	VERB
fsr-3239	249	27	an	an	PRON
fsr-3239	250	1	sa	sa	NOUN
fsr-3239	250	2	ct	ct	PROPN
fsr-3239	250	3	io	io	PROPN
fsr-3239	250	4	n	n	PROPN
fsr-3239	250	5	co	co	PROPN
fsr-3239	250	6	st	st	PROPN
fsr-3239	250	7	lin	lin	PROPN
fsr-3239	250	8	ke	ke	PROPN
fsr-3239	250	9	d	d	PROPN
fsr-3239	250	10	to	to	ADP
fsr-3239	250	11	si	si	PROPN
fsr-3239	250	12	ze	ze	PROPN
fsr-3239	250	13	a	a	DET
fsr-3239	250	14	(	(	PUNCT
fsr-3239	250	15	1	1	NUM
fsr-3239	250	16	)	)	PUNCT
fsr-3239	251	1	g	g	PROPN
fsr-3239	251	2	m	m	NOUN
fsr-3239	251	3	m	m	VERB
fsr-3239	251	4	r	r	NOUN
fsr-3239	251	5	�	�	PROPN
fsr-3239	251	6	b	b	PROPN
fsr-3239	251	7	fi	fi	NOUN
fsr-3239	251	8	(	(	PUNCT
fsr-3239	251	9	2	2	NUM
fsr-3239	251	10	)	)	PUNCT
fsr-3239	251	11	a	a	DET
fsr-3239	251	12	m	m	NOUN
fsr-3239	251	13	m	m	VERB
fsr-3239	251	14	r	r	NOUN
fsr-3239	251	15	�	�	PROPN
fsr-3239	251	16	b	b	PROPN
fsr-3239	251	17	fi	fi	NOUN
fsr-3239	251	18	(	(	PUNCT
fsr-3239	251	19	3	3	NUM
fsr-3239	251	20	)	)	PUNCT
fsr-3239	251	21	m	m	VERB
fsr-3239	251	22	d	d	NOUN
fsr-3239	251	23	m	m	NOUN
fsr-3239	251	24	r	r	NOUN
fsr-3239	251	25	�	�	PROPN
fsr-3239	251	26	b	b	PROPN
fsr-3239	251	27	fi	fi	NOUN
fsr-3239	251	28	(	(	PUNCT
fsr-3239	251	29	4	4	NUM
fsr-3239	251	30	)	)	PUNCT
fsr-3239	251	31	sh	sh	PROPN
fsr-3239	251	32	ar	ar	PROPN
fsr-3239	251	33	pe	pe	PROPN
fsr-3239	251	34	ra	ra	PROPN
fsr-3239	251	35	tio	tio	PROPN
fsr-3239	251	36	s	s	VERB
fsr-3239	251	37	re	re	X
fsr-3239	251	38	la	la	X
fsr-3239	251	39	tiv	tiv	PROPN
fsr-3239	251	40	e	e	PROPN
fsr-3239	251	41	to	to	ADP
fsr-3239	251	42	b	b	PROPN
fsr-3239	251	43	fi	fi	NOUN
fsr-3239	251	44	sh	sh	PROPN
fsr-3239	251	45	ar	ar	PROPN
fsr-3239	251	46	pe	pe	PROPN
fsr-3239	251	47	ra	ra	PROPN
fsr-3239	251	48	tio	tio	PROPN
fsr-3239	251	49	(	(	PUNCT
fsr-3239	251	50	5	5	NUM
fsr-3239	251	51	)	)	PUNCT
fsr-3239	251	52	1	1	NUM
fsr-3239	251	53	fm	fm	NOUN
fsr-3239	251	54	m	m	PROPN
fsr-3239	251	55	�	�	PROPN
fsr-3239	251	56	(	(	PUNCT
fsr-3239	251	57	6	6	NUM
fsr-3239	251	58	)	)	PUNCT
fsr-3239	251	59	3	3	NUM
fsr-3239	251	60	fm	fm	NOUN
fsr-3239	251	61	m	m	PROPN
fsr-3239	251	62	�	�	PROPN
fsr-3239	251	63	in	in	ADP
fsr-3239	251	64	iti	iti	PROPN
fsr-3239	251	65	al	al	PROPN
fsr-3239	251	66	in	in	ADP
fsr-3239	251	67	ve	ve	PROPN
fsr-3239	251	68	st	st	PROPN
fsr-3239	251	69	m	m	PROPN
fsr-3239	251	70	en	en	PROPN
fsr-3239	251	71	t	t	PROPN
fsr-3239	251	72	(	(	PUNCT
fsr-3239	251	73	0	0	NUM
fsr-3239	251	74	00	00	NUM
fsr-3239	251	75	s	s	X
fsr-3239	251	76	)	)	PUNCT
fsr-3239	251	77	n	n	CCONJ
fsr-3239	251	78	a	a	DET
fsr-3239	251	79	50	50	NUM
fsr-3239	251	80	10	10	NUM
fsr-3239	251	81	0	0	NUM
fsr-3239	251	82	n	n	DET
fsr-3239	251	83	a	a	DET
fsr-3239	251	84	50	50	NUM
fsr-3239	251	85	10	10	NUM
fsr-3239	251	86	0	0	NUM
fsr-3239	251	87	n	n	PRON
fsr-3239	251	88	a	a	DET
fsr-3239	251	89	50	50	NUM
fsr-3239	251	90	10	10	NUM
fsr-3239	251	91	0	0	NUM
fsr-3239	251	92	n	n	PRON
fsr-3239	251	93	a	a	DET
fsr-3239	251	94	50	50	NUM
fsr-3239	251	95	10	10	NUM
fsr-3239	251	96	0	0	NUM
fsr-3239	251	97	n	n	PRON
fsr-3239	251	98	a	a	DET
fsr-3239	251	99	50	50	NUM
fsr-3239	251	100	10	10	NUM
fsr-3239	251	101	0	0	NUM
fsr-3239	251	102	n	n	PRON
fsr-3239	251	103	a	a	DET
fsr-3239	251	104	50	50	NUM
fsr-3239	251	105	10	10	NUM
fsr-3239	251	106	0	0	NUM
fsr-3239	252	1	t	t	NOUN
fsr-3239	252	2	ra	ra	PROPN
fsr-3239	252	3	ns	ns	INTJ
fsr-3239	252	4	ac	ac	PROPN
fsr-3239	252	5	tio	tio	PROPN
fsr-3239	252	6	n	n	PROPN
fsr-3239	252	7	co	co	PROPN
fsr-3239	252	8	st	st	PROPN
fsr-3239	252	9	s	s	PROPN
fsr-3239	252	10	in	in	ADP
fsr-3239	252	11	cl	cl	NOUN
fsr-3239	252	12	ud	ud	INTJ
fsr-3239	252	13	ed	ed	NOUN
fsr-3239	252	14	n	n	ADV
fsr-3239	252	15	o	o	X
fsr-3239	252	16	y	y	NOUN
fsr-3239	252	17	es	es	X
fsr-3239	252	18	y	y	PROPN
fsr-3239	252	19	es	es	NOUN
fsr-3239	252	20	n	n	INTJ
fsr-3239	252	21	o	o	X
fsr-3239	252	22	y	y	NOUN
fsr-3239	252	23	es	es	X
fsr-3239	252	24	y	y	PROPN
fsr-3239	252	25	es	es	NOUN
fsr-3239	252	26	n	n	INTJ
fsr-3239	252	27	o	o	X
fsr-3239	252	28	y	y	NOUN
fsr-3239	252	29	es	es	X
fsr-3239	252	30	y	y	PROPN
fsr-3239	252	31	es	es	NOUN
fsr-3239	252	32	n	n	INTJ
fsr-3239	252	33	o	o	X
fsr-3239	252	34	y	y	NOUN
fsr-3239	252	35	es	es	X
fsr-3239	252	36	y	y	PROPN
fsr-3239	252	37	es	es	NOUN
fsr-3239	252	38	n	n	INTJ
fsr-3239	252	39	o	o	X
fsr-3239	252	40	y	y	NOUN
fsr-3239	252	41	es	es	X
fsr-3239	252	42	y	y	PROPN
fsr-3239	252	43	es	es	NOUN
fsr-3239	252	44	n	n	INTJ
fsr-3239	252	45	o	o	X
fsr-3239	252	46	y	y	NOUN
fsr-3239	252	47	es	es	X
fsr-3239	252	48	y	y	PROPN
fsr-3239	252	49	es	es	PROPN
fsr-3239	252	50	pa	pa	PROPN
fsr-3239	252	51	ne	ne	PROPN
fsr-3239	252	52	l	l	PROPN
fsr-3239	252	53	a	a	X
fsr-3239	252	54	.	.	PUNCT
fsr-3239	253	1	b	b	X
fsr-3239	253	2	fi	fi	NOUN
fsr-3239	253	3	co	co	NOUN
fsr-3239	253	4	m	m	PROPN
fsr-3239	253	5	pa	pa	PROPN
fsr-3239	253	6	ri	ri	PROPN
fsr-3239	254	1	so	so	ADV
fsr-3239	254	2	ns	ns	NUM
fsr-3239	254	3	%	%	NOUN
fsr-3239	254	4	al	al	PROPN
fsr-3239	254	5	l	l	PROPN
fsr-3239	254	6	fu	fu	PROPN
fsr-3239	254	7	nd	nd	PROPN
fsr-3239	254	8	s	s	PROPN
fsr-3239	254	9	�	�	PROPN
fsr-3239	254	10	b	b	PROPN
fsr-3239	254	11	fi	fi	NOUN
fsr-3239	254	12	79	79	NUM
fsr-3239	254	13	38	38	NUM
fsr-3239	254	14	61	61	NUM
fsr-3239	254	15	86	86	NUM
fsr-3239	254	16	45	45	NUM
fsr-3239	254	17	63	63	NUM
fsr-3239	254	18	41	41	NUM
fsr-3239	254	19	16	16	NUM
fsr-3239	254	20	32	32	NUM
fsr-3239	254	21	82	82	NUM
fsr-3239	254	22	38	38	NUM
fsr-3239	254	23	52	52	NUM
fsr-3239	254	24	b	b	NOUN
fsr-3239	254	25	p	p	X
fsr-3239	254	26	di	di	INTJ
fsr-3239	255	1	ff	ff	INTJ
fsr-3239	255	2	er	er	INTJ
fsr-3239	255	3	en	en	PROPN
fsr-3239	255	4	ce	ce	PROPN
fsr-3239	255	5	(	(	PUNCT
fsr-3239	255	6	a	a	DET
fsr-3239	255	7	ll	ll	NOUN
fsr-3239	255	8	fu	fu	NOUN
fsr-3239	255	9	nd	nd	NOUN
fsr-3239	255	10	s	s	PROPN
fsr-3239	255	11	)	)	PUNCT
fsr-3239	255	12	38	38	NUM
fsr-3239	255	13	�	�	PROPN
fsr-3239	255	14	8	8	NUM
fsr-3239	255	15	17	17	NUM
fsr-3239	255	16	51	51	NUM
fsr-3239	255	17	6	6	NUM
fsr-3239	255	18	30	30	NUM
fsr-3239	255	19	0	0	NUM
fsr-3239	255	20	�	�	PROPN
fsr-3239	255	21	49	49	NUM
fsr-3239	255	22	�	�	PROPN
fsr-3239	256	1	21	21	NUM
fsr-3239	256	2	b	b	PROPN
fsr-3239	256	3	es	es	X
fsr-3239	256	4	t	t	PROPN
fsr-3239	256	5	st	st	PROPN
fsr-3239	256	6	yl	yl	PROPN
fsr-3239	256	7	e	e	PROPN
fsr-3239	256	8	*	*	PROPN
fsr-3239	256	9	v	v	ADP
fsr-3239	256	10	g	g	NOUN
fsr-3239	256	11	r	r	NOUN
fsr-3239	256	12	v	v	NOUN
fsr-3239	256	13	v	v	ADP
fsr-3239	256	14	g	g	NOUN
fsr-3239	256	15	r	r	NOUN
fsr-3239	256	16	v	v	NOUN
fsr-3239	256	17	v	v	ADP
fsr-3239	256	18	g	g	NOUN
fsr-3239	256	19	r	r	NOUN
fsr-3239	256	20	v	v	NOUN
fsr-3239	256	21	g	g	NOUN
fsr-3239	256	22	r	r	NOUN
fsr-3239	256	23	v	v	NOUN
fsr-3239	256	24	v	v	NUM
fsr-3239	256	25	v	v	NOUN
fsr-3239	256	26	v	v	NOUN
fsr-3239	256	27	%	%	NOUN
fsr-3239	256	28	of	of	ADP
fsr-3239	256	29	fu	fu	NOUN
fsr-3239	256	30	nd	nd	NOUN
fsr-3239	256	31	s	s	PART
fsr-3239	256	32	fo	fo	INTJ
fsr-3239	256	33	r	r	NOUN
fsr-3239	256	34	be	be	VERB
fsr-3239	256	35	st	st	PROPN
fsr-3239	256	36	st	st	PROPN
fsr-3239	256	37	yl	yl	PROPN
fsr-3239	256	38	e	e	PROPN
fsr-3239	256	39	83	83	NUM
fsr-3239	256	40	44	44	NUM
fsr-3239	256	41	71	71	NUM
fsr-3239	256	42	92	92	NUM
fsr-3239	256	43	56	56	NUM
fsr-3239	256	44	75	75	NUM
fsr-3239	256	45	50	50	NUM
fsr-3239	256	46	24	24	NUM
fsr-3239	256	47	41	41	NUM
fsr-3239	256	48	92	92	NUM
fsr-3239	256	49	46	46	NUM
fsr-3239	256	50	67	67	NUM
fsr-3239	256	51	b	b	NOUN
fsr-3239	256	52	es	es	X
fsr-3239	256	53	t	t	PROPN
fsr-3239	256	54	st	st	PROPN
fsr-3239	256	55	yl	yl	PROPN
fsr-3239	256	56	e	e	PROPN
fsr-3239	256	57	b	b	PROPN
fsr-3239	256	58	p	p	X
fsr-3239	256	59	di	di	INTJ
fsr-3239	257	1	ff	ff	INTJ
fsr-3239	257	2	er	er	INTJ
fsr-3239	257	3	en	en	X
fsr-3239	257	4	ce	ce	PROPN
fsr-3239	257	5	46	46	NUM
fsr-3239	257	6	7	7	NUM
fsr-3239	257	7	29	29	NUM
fsr-3239	257	8	63	63	NUM
fsr-3239	257	9	2	2	NUM
fsr-3239	257	10	43	43	NUM
fsr-3239	257	11	3	3	NUM
fsr-3239	257	12	�	�	PROPN
fsr-3239	257	13	52	52	NUM
fsr-3239	257	14	�	�	PROPN
fsr-3239	257	15	15	15	NUM
fsr-3239	257	16	pa	pa	PROPN
fsr-3239	257	17	ne	ne	PROPN
fsr-3239	257	18	l	l	PROPN
fsr-3239	257	19	b	b	PROPN
fsr-3239	257	20	.	.	PUNCT
fsr-3239	258	1	si	si	PROPN
fsr-3239	258	2	gn	gn	PROPN
fsr-3239	258	3	ifi	ifi	PROPN
fsr-3239	258	4	ca	can	AUX
fsr-3239	258	5	nt	not	PART
fsr-3239	258	6	d	d	PROPN
fsr-3239	258	7	if	if	SCONJ
fsr-3239	258	8	fe	fe	X
fsr-3239	258	9	re	re	X
fsr-3239	258	10	nc	nc	PROPN
fsr-3239	258	11	e	e	PROPN
fsr-3239	258	12	%	%	NOUN
fsr-3239	258	13	fu	fu	PROPN
fsr-3239	259	1	nd	nd	PROPN
fsr-3239	259	2	s	s	NOUN
fsr-3239	259	3	st	st	PROPN
fsr-3239	259	4	at	at	ADP
fsr-3239	259	5	.	.	PUNCT
fsr-3239	260	1	si	si	PROPN
fsr-3239	260	2	gn	gn	PROPN
fsr-3239	260	3	.	.	PUNCT
fsr-3239	261	1	*	*	PUNCT
fsr-3239	262	1	n	n	PRON
fsr-3239	262	2	a	a	DET
fsr-3239	262	3	n	n	NOUN
fsr-3239	262	4	a	a	PRON
fsr-3239	262	5	n	n	NOUN
fsr-3239	262	6	a	a	DET
fsr-3239	262	7	39	39	NUM
fsr-3239	262	8	21	21	NUM
fsr-3239	262	9	27	27	NUM
fsr-3239	262	10	29	29	NUM
fsr-3239	262	11	13	13	NUM
fsr-3239	262	12	16	16	NUM
fsr-3239	262	13	n	n	PROPN
fsr-3239	262	14	a	a	PRON
fsr-3239	262	15	n	n	NOUN
fsr-3239	262	16	a	a	PRON
fsr-3239	262	17	n	n	NOUN
fsr-3239	262	18	a	a	DET
fsr-3239	262	19	b	b	PROPN
fsr-3239	262	20	es	es	X
fsr-3239	262	21	t	t	PROPN
fsr-3239	262	22	st	st	PROPN
fsr-3239	263	1	yl	yl	PROPN
fsr-3239	263	2	e	e	PROPN
fsr-3239	263	3	v	v	ADP
fsr-3239	263	4	v	v	NOUN
fsr-3239	263	5	v	v	NOUN
fsr-3239	263	6	g	g	NOUN
fsr-3239	263	7	r	r	NOUN
fsr-3239	263	8	v	v	NOUN
fsr-3239	263	9	g	g	NOUN
fsr-3239	263	10	r	r	NOUN
fsr-3239	263	11	v	v	NOUN
fsr-3239	263	12	g	g	NOUN
fsr-3239	263	13	r	r	NOUN
fsr-3239	263	14	v	v	NOUN
fsr-3239	263	15	n	n	DET
fsr-3239	263	16	a	a	DET
fsr-3239	263	17	n	n	NOUN
fsr-3239	263	18	a	a	DET
fsr-3239	263	19	n	n	NOUN
fsr-3239	263	20	a	a	DET
fsr-3239	263	21	pa	pa	PROPN
fsr-3239	263	22	ne	ne	PROPN
fsr-3239	263	23	l	l	PROPN
fsr-3239	263	24	c	c	PROPN
fsr-3239	263	25	.	.	PUNCT
fsr-3239	264	1	sh	sh	PROPN
fsr-3239	264	2	ar	ar	PROPN
fsr-3239	264	3	pe	pe	PROPN
fsr-3239	264	4	ra	ra	PROPN
fsr-3239	264	5	tio	tio	PROPN
fsr-3239	264	6	s	s	PROPN
fsr-3239	264	7	sh	sh	PROPN
fsr-3239	264	8	ar	ar	PROPN
fsr-3239	264	9	pe	pe	PROPN
fsr-3239	264	10	di	di	PROPN
fsr-3239	265	1	ff	ff	INTJ
fsr-3239	265	2	er	er	INTJ
fsr-3239	265	3	en	en	X
fsr-3239	265	4	ce	ce	PROPN
fsr-3239	265	5	.0	.0	NUM
fsr-3239	265	6	49	49	NUM
fsr-3239	265	7	�	�	NOUN
fsr-3239	265	8	.0	.0	NUM
fsr-3239	265	9	21	21	NUM
fsr-3239	266	1	.0	.0	NUM
fsr-3239	266	2	17	17	NUM
fsr-3239	266	3	b	b	PROPN
fsr-3239	266	4	es	es	X
fsr-3239	266	5	t	t	PROPN
fsr-3239	266	6	st	st	PROPN
fsr-3239	266	7	yl	yl	PROPN
fsr-3239	266	8	e	e	PROPN
fsr-3239	266	9	sh	sh	PROPN
fsr-3239	266	10	ar	ar	PROPN
fsr-3239	266	11	pe	pe	PROPN
fsr-3239	267	1	d	d	NOUN
fsr-3239	267	2	if	if	SCONJ
fsr-3239	267	3	fe	fe	X
fsr-3239	267	4	re	re	X
fsr-3239	267	5	nc	nc	PROPN
fsr-3239	267	6	e	e	PROPN
fsr-3239	267	7	.0	.0	NUM
fsr-3239	267	8	6	6	NUM
fsr-3239	267	9	�	�	NOUN
fsr-3239	267	10	.0	.0	NUM
fsr-3239	267	11	03	03	NUM
fsr-3239	267	12	.0	.0	NUM
fsr-3239	267	13	29	29	NUM
fsr-3239	267	14	pa	pa	PROPN
fsr-3239	267	15	ne	ne	PROPN
fsr-3239	267	16	l	l	PROPN
fsr-3239	268	1	d	d	PROPN
fsr-3239	268	2	.	.	PUNCT
fsr-3239	269	1	fa	fa	INTJ
fsr-3239	270	1	ct	ct	INTJ
fsr-3239	270	2	or	or	CCONJ
fsr-3239	270	3	m	m	PROPN
fsr-3239	270	4	od	od	PROPN
fsr-3239	270	5	el	el	PROPN
fsr-3239	270	6	s	s	PART
fsr-3239	270	7	%	%	NOUN
fsr-3239	270	8	of	of	ADP
fsr-3239	270	9	fu	fu	NOUN
fsr-3239	270	10	nd	nd	ADP
fsr-3239	270	11	s	s	PROPN
fsr-3239	270	12	si	si	PROPN
fsr-3239	270	13	g.	g.	PROPN
fsr-3239	270	14	�	�	PROPN
fsr-3239	270	15	�	�	PROPN
fsr-3239	270	16	80	80	NUM
fsr-3239	270	17	32	32	NUM
fsr-3239	270	18	59	59	NUM
fsr-3239	270	19	61	61	NUM
fsr-3239	270	20	29	29	NUM
fsr-3239	270	21	39	39	NUM
fsr-3239	270	22	a	a	DET
fsr-3239	270	23	ve	ve	NOUN
fsr-3239	270	24	.	.	PUNCT
fsr-3239	271	1	si	si	PROPN
fsr-3239	271	2	gn	gn	PROPN
fsr-3239	271	3	ifi	ifi	PROPN
fsr-3239	271	4	ca	can	AUX
fsr-3239	271	5	nt	not	PART
fsr-3239	271	6	�	�	PROPN
fsr-3239	271	7	b	b	PROPN
fsr-3239	271	8	p	p	NOUN
fsr-3239	271	9	11	11	NUM
fsr-3239	271	10	9	9	NUM
fsr-3239	271	11	12	12	NUM
fsr-3239	271	12	1	1	NUM
fsr-3239	271	13	14	14	NUM
fsr-3239	271	14	7	7	NUM
fsr-3239	271	15	16	16	NUM
fsr-3239	271	16	3	3	NUM
fsr-3239	271	17	11	11	NUM
fsr-3239	271	18	5	5	NUM
fsr-3239	271	19	12	12	NUM
fsr-3239	271	20	6	6	NUM
fsr-3239	271	21	b	b	PROPN
fsr-3239	271	22	es	es	X
fsr-3239	271	23	t	t	PROPN
fsr-3239	271	24	st	st	PROPN
fsr-3239	271	25	yl	yl	PROPN
fsr-3239	271	26	e	e	PROPN
fsr-3239	271	27	v	v	NOUN
fsr-3239	271	28	g	g	NOUN
fsr-3239	271	29	r	r	NOUN
fsr-3239	271	30	g	g	NOUN
fsr-3239	271	31	r	r	NOUN
fsr-3239	271	32	v	v	NOUN
fsr-3239	271	33	g	g	NOUN
fsr-3239	271	34	r	r	NOUN
fsr-3239	271	35	g	g	NOUN
fsr-3239	271	36	r	r	NOUN
fsr-3239	271	37	g	g	NOUN
fsr-3239	271	38	r	r	NOUN
fsr-3239	271	39	%	%	NOUN
fsr-3239	271	40	si	si	PROPN
fsr-3239	271	41	g.	g.	PROPN
fsr-3239	271	42	by	by	ADP
fsr-3239	271	43	be	be	PROPN
fsr-3239	271	44	st	st	PROPN
fsr-3239	271	45	st	st	PROPN
fsr-3239	271	46	yl	yl	PROPN
fsr-3239	271	47	e	e	PROPN
fsr-3239	271	48	88	88	NUM
fsr-3239	271	49	44	44	NUM
fsr-3239	271	50	65	65	NUM
fsr-3239	271	51	78	78	NUM
fsr-3239	271	52	44	44	NUM
fsr-3239	271	53	56	56	NUM
fsr-3239	271	54	a	a	DET
fsr-3239	271	55	v	v	PROPN
fsr-3239	271	56	ar	ar	PROPN
fsr-3239	271	57	ia	ia	PROPN
fsr-3239	271	58	bl	bl	PROPN
fsr-3239	271	59	es	es	PROPN
fsr-3239	271	60	ar	ar	PROPN
fsr-3239	271	61	e	e	PROPN
fsr-3239	271	62	de	de	X
fsr-3239	271	63	fin	fin	PROPN
fsr-3239	271	64	ed	ed	NOUN
fsr-3239	271	65	as	as	ADP
fsr-3239	271	66	fo	fo	INTJ
fsr-3239	271	67	llo	llo	INTJ
fsr-3239	271	68	w	w	PROPN
fsr-3239	271	69	s	s	PROPN
fsr-3239	271	70	:	:	PUNCT
fsr-3239	271	71	g	g	PROPN
fsr-3239	271	72	m	m	VERB
fsr-3239	271	73	m	m	VERB
fsr-3239	271	74	r	r	NOUN
fsr-3239	271	75	is	be	AUX
fsr-3239	271	76	ge	ge	PROPN
fsr-3239	271	77	om	om	PROPN
fsr-3239	271	78	et	et	PROPN
fsr-3239	272	1	ri	ri	PROPN
fsr-3239	273	1	c	c	NOUN
fsr-3239	273	2	m	m	VERB
fsr-3239	273	3	ea	ea	PROPN
fsr-3239	273	4	n	n	ADV
fsr-3239	273	5	m	m	VERB
fsr-3239	273	6	on	on	ADP
fsr-3239	273	7	th	th	INTJ
fsr-3239	273	8	ly	ly	X
fsr-3239	273	9	re	re	ADP
fsr-3239	273	10	tu	tu	PROPN
fsr-3239	273	11	rn	rn	PROPN
fsr-3239	273	12	;	;	PUNCT
fsr-3239	273	13	b	b	X
fsr-3239	273	14	fi	fi	NOUN
fsr-3239	273	15	is	be	AUX
fsr-3239	273	16	th	th	NUM
fsr-3239	273	17	e	e	AUX
fsr-3239	273	18	be	be	AUX
fsr-3239	273	19	st	st	PROPN
fsr-3239	273	20	fit	fit	NOUN
fsr-3239	273	21	in	in	ADP
fsr-3239	273	22	de	de	X
fsr-3239	273	23	x	x	X
fsr-3239	273	24	fo	fo	ADP
fsr-3239	273	25	r	r	NOUN
fsr-3239	273	26	th	th	X
fsr-3239	273	27	e	e	X
fsr-3239	273	28	gi	gi	INTJ
fsr-3239	273	29	ve	ve	VERB
fsr-3239	273	30	n	n	ADP
fsr-3239	273	31	po	po	INTJ
fsr-3239	274	1	rt	rt	INTJ
fsr-3239	274	2	fo	fo	INTJ
fsr-3239	274	3	lio	lio	PROPN
fsr-3239	274	4	;	;	PUNCT
fsr-3239	274	5	a	a	DET
fsr-3239	274	6	m	m	VERB
fsr-3239	274	7	m	m	VERB
fsr-3239	274	8	r	r	NOUN
fsr-3239	274	9	is	be	AUX
fsr-3239	274	10	th	th	X
fsr-3239	274	11	e	e	PROPN
fsr-3239	274	12	ar	ar	PROPN
fsr-3239	274	13	ith	ith	PROPN
fsr-3239	274	14	m	m	PROPN
fsr-3239	274	15	et	et	NOUN
fsr-3239	274	16	ic	ic	PROPN
fsr-3239	274	17	m	m	PROPN
fsr-3239	274	18	ea	ea	PROPN
fsr-3239	274	19	n	n	ADV
fsr-3239	274	20	m	m	VERB
fsr-3239	274	21	on	on	ADP
fsr-3239	274	22	th	th	INTJ
fsr-3239	274	23	ly	ly	X
fsr-3239	274	24	re	re	ADP
fsr-3239	274	25	tu	tu	PROPN
fsr-3239	274	26	rn	rn	PROPN
fsr-3239	274	27	;	;	PUNCT
fsr-3239	274	28	b	b	X
fsr-3239	274	29	fi	fi	NOUN
fsr-3239	274	30	sh	sh	PROPN
fsr-3239	274	31	ar	ar	PROPN
fsr-3239	274	32	pe	pe	PROPN
fsr-3239	274	33	ra	ra	PROPN
fsr-3239	274	34	tio	tio	PROPN
fsr-3239	274	35	is	be	AUX
fsr-3239	274	36	th	th	X
fsr-3239	274	37	e	e	X
fsr-3239	274	38	sh	sh	PROPN
fsr-3239	274	39	ar	ar	PROPN
fsr-3239	274	40	pe	pe	PROPN
fsr-3239	274	41	ra	ra	PROPN
fsr-3239	274	42	tio	tio	PROPN
fsr-3239	274	43	co	co	VERB
fsr-3239	274	44	m	m	VERB
fsr-3239	274	45	pu	pu	PROPN
fsr-3239	274	46	te	te	PROPN
fsr-3239	275	1	d	d	PROPN
fsr-3239	275	2	w	w	PROPN
fsr-3239	275	3	ith	ith	PROPN
fsr-3239	275	4	th	th	PROPN
fsr-3239	275	5	e	e	X
fsr-3239	275	6	b	b	PROPN
fsr-3239	275	7	fi	fi	PROPN
fsr-3239	275	8	re	re	ADP
fsr-3239	275	9	tu	tu	PROPN
fsr-3239	275	10	rn	rn	PROPN
fsr-3239	275	11	as	as	ADP
fsr-3239	275	12	th	th	X
fsr-3239	275	13	e	e	X
fsr-3239	275	14	po	po	X
fsr-3239	275	15	rt	rt	INTJ
fsr-3239	275	16	fo	fo	INTJ
fsr-3239	275	17	lio	lio	PROPN
fsr-3239	275	18	re	re	X
fsr-3239	275	19	tu	tu	PROPN
fsr-3239	275	20	rn	rn	PROPN
fsr-3239	275	21	;	;	PUNCT
fsr-3239	275	22	1f	1f	PROPN
fsr-3239	275	23	m	m	VERB
fsr-3239	275	24	m	m	VERB
fsr-3239	275	25	�	�	PROPN
fsr-3239	275	26	is	be	AUX
fsr-3239	275	27	th	th	X
fsr-3239	275	28	e	e	NOUN
fsr-3239	275	29	on	on	ADP
fsr-3239	275	30	e	e	X
fsr-3239	275	31	fa	fa	PROPN
fsr-3239	275	32	ct	ct	INTJ
fsr-3239	275	33	or	or	CCONJ
fsr-3239	275	34	m	m	PROPN
fsr-3239	275	35	ar	ar	PROPN
fsr-3239	275	36	ke	ke	PROPN
fsr-3239	275	37	t	t	PROPN
fsr-3239	275	38	m	m	PROPN
fsr-3239	275	39	od	od	PROPN
fsr-3239	275	40	el	el	PROPN
fsr-3239	275	41	�	�	PROPN
fsr-3239	275	42	;	;	PUNCT
fsr-3239	275	43	3	3	NUM
fsr-3239	275	44	fm	fm	NOUN
fsr-3239	275	45	m	m	PROPN
fsr-3239	275	46	�	�	PROPN
fsr-3239	275	47	is	be	AUX
fsr-3239	275	48	th	th	X
fsr-3239	275	49	e	e	X
fsr-3239	275	50	th	th	X
fsr-3239	275	51	re	re	X
fsr-3239	275	52	e	e	X
fsr-3239	275	53	fa	fa	PROPN
fsr-3239	275	54	ct	ct	INTJ
fsr-3239	275	55	or	or	CCONJ
fsr-3239	275	56	m	m	PROPN
fsr-3239	275	57	ar	ar	PROPN
fsr-3239	275	58	ke	ke	PROPN
fsr-3239	275	59	tm	tm	PROPN
fsr-3239	275	60	od	od	PROPN
fsr-3239	275	61	el	el	PROPN
fsr-3239	275	62	�	�	PROPN
fsr-3239	275	63	.n	.n	PROPN
fsr-3239	276	1	a	a	PRON
fsr-3239	276	2	is	be	AUX
fsr-3239	276	3	no	no	PRON
fsr-3239	276	4	ta	ta	PROPN
fsr-3239	276	5	pp	pp	PROPN
fsr-3239	276	6	lic	lic	PROPN
fsr-3239	276	7	ab	ab	PROPN
fsr-3239	276	8	le	le	PROPN
fsr-3239	276	9	an	an	PROPN
fsr-3239	276	10	d	d	PROPN
fsr-3239	276	11	b	b	PROPN
fsr-3239	276	12	p	p	X
fsr-3239	276	13	re	re	AUX
fsr-3239	276	14	pr	pr	NOUN
fsr-3239	276	15	es	es	X
fsr-3239	276	16	en	en	X
fsr-3239	276	17	ts	ts	X
fsr-3239	277	1	ba	ba	PROPN
fsr-3239	278	1	si	si	PROPN
fsr-3239	278	2	s	s	PROPN
fsr-3239	278	3	po	po	NOUN
fsr-3239	278	4	in	in	ADP
fsr-3239	278	5	ts	ts	ADP
fsr-3239	278	6	.t	.t	PROPN
fsr-3239	278	7	he	he	PRON
fsr-3239	278	8	as	as	ADP
fsr-3239	278	9	te	te	PROPN
fsr-3239	278	10	ri	ri	PROPN
fsr-3239	278	11	sk	sk	X
fsr-3239	278	12	(	(	PUNCT
fsr-3239	278	13	*	*	PUNCT
fsr-3239	278	14	)	)	PUNCT
fsr-3239	279	1	de	de	ADP
fsr-3239	279	2	no	no	INTJ
fsr-3239	279	3	te	te	INTJ
fsr-3239	279	4	s	s	VERB
fsr-3239	279	5	a	a	DET
fsr-3239	279	6	5	5	NUM
fsr-3239	279	7	%	%	NOUN
fsr-3239	279	8	le	le	INTJ
fsr-3239	279	9	ve	ve	VERB
fsr-3239	279	10	lo	lo	PROPN
fsr-3239	279	11	f	f	PROPN
fsr-3239	279	12	si	si	PROPN
fsr-3239	279	13	gn	gn	PROPN
fsr-3239	279	14	ifi	ifi	PROPN
fsr-3239	279	15	ca	ca	PROPN
fsr-3239	279	16	nc	nc	PROPN
fsr-3239	279	17	e	e	VERB
fsr-3239	279	18	us	we	PRON
fsr-3239	279	19	in	in	ADP
fsr-3239	279	20	g	g	PROPN
fsr-3239	279	21	a	a	PRON
fsr-3239	279	22	on	on	ADP
fsr-3239	279	23	e	e	X
fsr-3239	279	24	ta	ta	PROPN
fsr-3239	279	25	il	il	PROPN
fsr-3239	279	26	tdi	tdi	PROPN
fsr-3239	279	27	st	st	PROPN
fsr-3239	279	28	ri	ri	PROPN
fsr-3239	279	29	bu	bu	PROPN
fsr-3239	279	30	tio	tio	PROPN
fsr-3239	279	31	n.	n.	PROPN
fsr-3239	279	32	w	w	PROPN
fsr-3239	280	1	e	e	PROPN
fsr-3239	280	2	w	w	PROPN
fsr-3239	280	3	ou	ou	X
fsr-3239	280	4	ld	ld	PROPN
fsr-3239	280	5	ex	ex	X
fsr-3239	280	6	pe	pe	INTJ
fsr-3239	280	7	ct	ct	NUM
fsr-3239	280	8	5	5	NUM
fsr-3239	280	9	%	%	NOUN
fsr-3239	280	10	of	of	ADP
fsr-3239	280	11	th	th	X
fsr-3239	280	12	e	e	NOUN
fsr-3239	280	13	fu	fu	PROPN
fsr-3239	281	1	nd	nd	ADP
fsr-3239	281	2	s	s	X
fsr-3239	281	3	to	to	PART
fsr-3239	281	4	be	be	AUX
fsr-3239	281	5	si	si	PROPN
fsr-3239	281	6	gn	gn	PROPN
fsr-3239	281	7	ifi	ifi	PROPN
fsr-3239	281	8	ca	can	AUX
fsr-3239	281	9	nt	not	PART
fsr-3239	281	10	be	be	AUX
fsr-3239	281	11	ca	can	AUX
fsr-3239	281	12	us	us	PROPN
fsr-3239	281	13	e	e	PROPN
fsr-3239	281	14	of	of	ADP
fsr-3239	281	15	pu	pu	PROPN
fsr-3239	281	16	re	re	PROPN
fsr-3239	281	17	ch	ch	PROPN
fsr-3239	281	18	an	an	PROPN
fsr-3239	281	19	ce	ce	PROPN
fsr-3239	281	20	.	.	PUNCT
fsr-3239	282	1	t	t	PROPN
fsr-3239	282	2	he	he	PRON
fsr-3239	283	1	fa	fa	INTJ
fsr-3239	283	2	ct	ct	INTJ
fsr-3239	283	3	or	or	CCONJ
fsr-3239	283	4	m	m	PROPN
fsr-3239	283	5	od	od	PROPN
fsr-3239	283	6	el	el	PROPN
fsr-3239	283	7	s	s	PART
fsr-3239	284	1	fo	fo	INTJ
fsr-3239	284	2	r	r	NOUN
fsr-3239	284	3	al	al	PROPN
fsr-3239	284	4	l	l	PROPN
fsr-3239	284	5	po	po	PROPN
fsr-3239	285	1	rt	rt	INTJ
fsr-3239	285	2	fo	fo	INTJ
fsr-3239	285	3	lio	lio	PROPN
fsr-3239	285	4	s	s	VERB
fsr-3239	285	5	us	us	PROPN
fsr-3239	285	6	e	e	X
fsr-3239	285	7	th	th	X
fsr-3239	285	8	e	e	X
fsr-3239	285	9	s	s	PROPN
fsr-3239	285	10	&	&	CCONJ
fsr-3239	285	11	p	p	NOUN
fsr-3239	285	12	50	50	NUM
fsr-3239	285	13	0	0	NUM
fsr-3239	285	14	in	in	ADP
fsr-3239	285	15	de	de	PROPN
fsr-3239	285	16	x	x	PUNCT
fsr-3239	285	17	as	as	ADP
fsr-3239	285	18	th	th	X
fsr-3239	285	19	e	e	PROPN
fsr-3239	285	20	m	m	PROPN
fsr-3239	285	21	ar	ar	PROPN
fsr-3239	285	22	ke	ke	PROPN
fsr-3239	285	23	t	t	PROPN
fsr-3239	285	24	be	be	AUX
fsr-3239	285	25	nc	nc	PROPN
fsr-3239	285	26	hm	hm	PROPN
fsr-3239	285	27	ar	ar	PROPN
fsr-3239	285	28	k.	k.	PROPN
fsr-3239	285	29	168	168	NUM
fsr-3239	285	30	d.s	d.s	PROPN
fsr-3239	285	31	.	.	PROPN
fsr-3239	285	32	north	north	PROPN
fsr-3239	285	33	,	,	PUNCT
fsr-3239	285	34	j.l	j.l	PROPN
fsr-3239	285	35	.	.	PROPN
fsr-3239	285	36	stevens	stevens	PROPN
fsr-3239	285	37	/	/	SYM
fsr-3239	285	38	financial	financial	ADJ
fsr-3239	285	39	services	service	NOUN
fsr-3239	285	40	review	review	VERB
fsr-3239	285	41	24	24	NUM
fsr-3239	285	42	(	(	PUNCT
fsr-3239	285	43	2015	2015	NUM
fsr-3239	285	44	)	)	PUNCT
fsr-3239	286	1	157–176	157–176	NUM
fsr-3239	286	2	mance	mance	NOUN
fsr-3239	286	3	is	be	AUX
fsr-3239	286	4	much	much	ADV
fsr-3239	286	5	worse	bad	ADJ
fsr-3239	286	6	because	because	SCONJ
fsr-3239	286	7	positive	positive	ADJ
fsr-3239	286	8	skewing	skewing	NOUN
fsr-3239	286	9	leads	lead	VERB
fsr-3239	286	10	to	to	ADP
fsr-3239	286	11	a	a	DET
fsr-3239	286	12	median	median	NOUN
fsr-3239	286	13	lower	low	ADJ
fsr-3239	286	14	than	than	ADP
fsr-3239	286	15	the	the	DET
fsr-3239	286	16	mean	mean	NOUN
fsr-3239	286	17	.	.	PUNCT
fsr-3239	287	1	for	for	ADP
fsr-3239	287	2	no	no	DET
fsr-3239	287	3	transaction	transaction	NOUN
fsr-3239	287	4	costs	cost	NOUN
fsr-3239	287	5	,	,	PUNCT
fsr-3239	287	6	only	only	ADV
fsr-3239	287	7	41	41	NUM
fsr-3239	287	8	%	%	NOUN
fsr-3239	287	9	of	of	ADP
fsr-3239	287	10	aaii	aaii	NOUN
fsr-3239	287	11	portfolios	portfolio	NOUN
fsr-3239	287	12	had	have	VERB
fsr-3239	287	13	mdmr	mdmr	ADV
fsr-3239	287	14	higher	high	ADJ
fsr-3239	287	15	than	than	ADP
fsr-3239	287	16	the	the	DET
fsr-3239	287	17	bfi	bfi	PROPN
fsr-3239	287	18	and	and	CCONJ
fsr-3239	287	19	only	only	ADV
fsr-3239	287	20	29	29	NUM
fsr-3239	287	21	%	%	NOUN
fsr-3239	287	22	had	have	VERB
fsr-3239	287	23	a	a	DET
fsr-3239	287	24	statistically	statistically	ADV
fsr-3239	287	25	significant	significant	ADJ
fsr-3239	287	26	higher	high	ADJ
fsr-3239	287	27	mdmr	mdmr	NOUN
fsr-3239	287	28	than	than	ADP
fsr-3239	287	29	the	the	DET
fsr-3239	287	30	bfi	bfi	PROPN
fsr-3239	287	31	.	.	PUNCT
fsr-3239	288	1	only	only	ADV
fsr-3239	288	2	16	16	NUM
fsr-3239	288	3	%	%	NOUN
fsr-3239	288	4	of	of	ADP
fsr-3239	288	5	the	the	DET
fsr-3239	288	6	portfolios	portfolio	NOUN
fsr-3239	288	7	had	have	VERB
fsr-3239	288	8	a	a	DET
fsr-3239	288	9	mdmr	mdmr	NOUN
fsr-3239	288	10	higher	high	ADJ
fsr-3239	288	11	than	than	ADP
fsr-3239	288	12	the	the	DET
fsr-3239	288	13	bfi	bfi	PROPN
fsr-3239	288	14	for	for	ADP
fsr-3239	288	15	a	a	DET
fsr-3239	288	16	$	$	SYM
fsr-3239	288	17	50,000	50,000	NUM
fsr-3239	288	18	initial	initial	ADJ
fsr-3239	288	19	investment	investment	NOUN
fsr-3239	288	20	.	.	PUNCT
fsr-3239	289	1	the	the	DET
fsr-3239	289	2	growth	growth	NOUN
fsr-3239	289	3	/	/	SYM
fsr-3239	289	4	value	value	NOUN
fsr-3239	289	5	style	style	NOUN
fsr-3239	289	6	had	have	VERB
fsr-3239	289	7	the	the	DET
fsr-3239	289	8	highest	high	ADJ
fsr-3239	289	9	percentage	percentage	NOUN
fsr-3239	289	10	of	of	ADP
fsr-3239	289	11	portfolios	portfolio	NOUN
fsr-3239	289	12	with	with	ADP
fsr-3239	289	13	mdmr	mdmr	PROPN
fsr-3239	289	14	statistically	statistically	ADV
fsr-3239	289	15	significantly	significantly	ADV
fsr-3239	289	16	higher	high	ADJ
fsr-3239	289	17	than	than	ADP
fsr-3239	289	18	the	the	DET
fsr-3239	289	19	bfi	bfi	PROPN
fsr-3239	289	20	.	.	PUNCT
fsr-3239	290	1	once	once	SCONJ
fsr-3239	290	2	transaction	transaction	NOUN
fsr-3239	290	3	costs	cost	NOUN
fsr-3239	290	4	are	be	AUX
fsr-3239	290	5	introduced	introduce	VERB
fsr-3239	290	6	the	the	DET
fsr-3239	290	7	basis	basis	NOUN
fsr-3239	290	8	point	point	NOUN
fsr-3239	290	9	spread	spread	VERB
fsr-3239	290	10	between	between	ADP
fsr-3239	290	11	the	the	DET
fsr-3239	290	12	mdmr	mdmr	NOUN
fsr-3239	290	13	for	for	ADP
fsr-3239	290	14	aaii	aaii	NOUN
fsr-3239	290	15	portfolios	portfolio	NOUN
fsr-3239	290	16	and	and	CCONJ
fsr-3239	290	17	the	the	DET
fsr-3239	290	18	bfi	bfi	PROPN
fsr-3239	290	19	are	be	AUX
fsr-3239	290	20	negative	negative	ADJ
fsr-3239	290	21	overall	overall	ADV
fsr-3239	290	22	by	by	ADP
fsr-3239	290	23	49	49	NUM
fsr-3239	290	24	basis	basis	NOUN
fsr-3239	290	25	points	point	NOUN
fsr-3239	290	26	for	for	ADP
fsr-3239	290	27	a	a	DET
fsr-3239	290	28	$	$	SYM
fsr-3239	290	29	50,000	50,000	NUM
fsr-3239	290	30	investment	investment	NOUN
fsr-3239	290	31	and	and	CCONJ
fsr-3239	290	32	21	21	NUM
fsr-3239	290	33	basis	basis	NOUN
fsr-3239	290	34	points	point	NOUN
fsr-3239	290	35	for	for	ADP
fsr-3239	290	36	a	a	DET
fsr-3239	290	37	$	$	SYM
fsr-3239	290	38	100,000	100,000	NUM
fsr-3239	290	39	investment	investment	NOUN
fsr-3239	290	40	.	.	PUNCT
fsr-3239	291	1	even	even	ADV
fsr-3239	291	2	for	for	ADP
fsr-3239	291	3	the	the	DET
fsr-3239	291	4	best	good	ADJ
fsr-3239	291	5	style	style	NOUN
fsr-3239	291	6	(	(	PUNCT
fsr-3239	291	7	growth	growth	NOUN
fsr-3239	291	8	/	/	SYM
fsr-3239	291	9	value	value	NOUN
fsr-3239	291	10	)	)	PUNCT
fsr-3239	291	11	the	the	DET
fsr-3239	291	12	basis	basis	NOUN
fsr-3239	291	13	point	point	NOUN
fsr-3239	291	14	difference	difference	NOUN
fsr-3239	291	15	between	between	ADP
fsr-3239	291	16	the	the	DET
fsr-3239	291	17	mdmr	mdmr	NOUN
fsr-3239	291	18	and	and	CCONJ
fsr-3239	291	19	bfi	bfi	PROPN
fsr-3239	291	20	is	be	AUX
fsr-3239	291	21	negative	negative	ADJ
fsr-3239	291	22	.	.	PUNCT
fsr-3239	292	1	with	with	ADP
fsr-3239	292	2	positive	positive	ADJ
fsr-3239	292	3	skewing	skewing	NOUN
fsr-3239	292	4	of	of	ADP
fsr-3239	292	5	returns	return	NOUN
fsr-3239	292	6	,	,	PUNCT
fsr-3239	292	7	an	an	DET
fsr-3239	292	8	investor	investor	NOUN
fsr-3239	292	9	must	must	AUX
fsr-3239	292	10	stick	stick	VERB
fsr-3239	292	11	with	with	ADP
fsr-3239	292	12	the	the	DET
fsr-3239	292	13	strategy	strategy	NOUN
fsr-3239	292	14	or	or	CCONJ
fsr-3239	292	15	risk	risk	NOUN
fsr-3239	292	16	missing	miss	VERB
fsr-3239	292	17	out	out	ADP
fsr-3239	292	18	on	on	ADP
fsr-3239	292	19	a	a	DET
fsr-3239	292	20	positive	positive	ADJ
fsr-3239	292	21	“	"	PUNCT
fsr-3239	292	22	outlier	outlier	NOUN
fsr-3239	292	23	”	"	PUNCT
fsr-3239	292	24	return	return	NOUN
fsr-3239	292	25	.	.	PUNCT
fsr-3239	293	1	portfolio	portfolio	NOUN
fsr-3239	293	2	strategies	strategy	NOUN
fsr-3239	293	3	that	that	PRON
fsr-3239	293	4	look	look	VERB
fsr-3239	293	5	good	good	ADJ
fsr-3239	293	6	on	on	ADP
fsr-3239	293	7	a	a	DET
fsr-3239	293	8	mean	mean	ADJ
fsr-3239	293	9	return	return	NOUN
fsr-3239	293	10	comparison	comparison	NOUN
fsr-3239	293	11	but	but	CCONJ
fsr-3239	293	12	not	not	PART
fsr-3239	293	13	a	a	DET
fsr-3239	293	14	median	median	ADJ
fsr-3239	293	15	return	return	NOUN
fsr-3239	293	16	comparison	comparison	NOUN
fsr-3239	293	17	require	require	VERB
fsr-3239	293	18	investors	investor	NOUN
fsr-3239	293	19	to	to	PART
fsr-3239	293	20	stay	stay	VERB
fsr-3239	293	21	with	with	ADP
fsr-3239	293	22	the	the	DET
fsr-3239	293	23	strategy	strategy	NOUN
fsr-3239	293	24	over	over	ADP
fsr-3239	293	25	a	a	DET
fsr-3239	293	26	long	long	ADJ
fsr-3239	293	27	period	period	NOUN
fsr-3239	293	28	of	of	ADP
fsr-3239	293	29	time	time	NOUN
fsr-3239	293	30	.	.	PUNCT
fsr-3239	294	1	without	without	ADP
fsr-3239	294	2	transaction	transaction	NOUN
fsr-3239	294	3	costs	cost	NOUN
fsr-3239	294	4	,	,	PUNCT
fsr-3239	294	5	82	82	NUM
fsr-3239	294	6	%	%	NOUN
fsr-3239	294	7	of	of	ADP
fsr-3239	294	8	the	the	DET
fsr-3239	294	9	portfolios	portfolio	NOUN
fsr-3239	294	10	in	in	ADP
fsr-3239	294	11	table	table	NOUN
fsr-3239	294	12	3	3	NUM
fsr-3239	294	13	have	have	VERB
fsr-3239	294	14	a	a	DET
fsr-3239	294	15	sharpe	sharpe	NOUN
fsr-3239	294	16	index	index	NOUN
fsr-3239	294	17	higher	high	ADJ
fsr-3239	294	18	than	than	ADP
fsr-3239	294	19	the	the	DET
fsr-3239	294	20	bfi	bfi	PROPN
fsr-3239	294	21	sharpe	sharpe	PROPN
fsr-3239	294	22	index.4	index.4	PROPN
fsr-3239	294	23	value	value	NOUN
fsr-3239	294	24	portfolios	portfolio	NOUN
fsr-3239	294	25	offer	offer	VERB
fsr-3239	294	26	the	the	DET
fsr-3239	294	27	best	good	ADJ
fsr-3239	294	28	overall	overall	ADJ
fsr-3239	294	29	performance	performance	NOUN
fsr-3239	294	30	with	with	ADP
fsr-3239	294	31	92	92	NUM
fsr-3239	294	32	%	%	NOUN
fsr-3239	294	33	of	of	ADP
fsr-3239	294	34	the	the	DET
fsr-3239	294	35	funds	fund	NOUN
fsr-3239	294	36	beating	beat	VERB
fsr-3239	294	37	the	the	DET
fsr-3239	294	38	bfi	bfi	PROPN
fsr-3239	294	39	sharpe	sharpe	PROPN
fsr-3239	294	40	ratio	ratio	PROPN
fsr-3239	294	41	.	.	PUNCT
fsr-3239	295	1	however	however	ADV
fsr-3239	295	2	,	,	PUNCT
fsr-3239	295	3	differences	difference	NOUN
fsr-3239	295	4	in	in	ADP
fsr-3239	295	5	sharpe	sharpe	PROPN
fsr-3239	295	6	ratios	ratio	NOUN
fsr-3239	295	7	tend	tend	VERB
fsr-3239	295	8	to	to	PART
fsr-3239	295	9	be	be	AUX
fsr-3239	295	10	small	small	ADJ
fsr-3239	295	11	and	and	CCONJ
fsr-3239	295	12	there	there	PRON
fsr-3239	295	13	are	be	VERB
fsr-3239	295	14	no	no	DET
fsr-3239	295	15	tests	test	NOUN
fsr-3239	295	16	for	for	ADP
fsr-3239	295	17	statically	statically	ADV
fsr-3239	295	18	significant	significant	ADJ
fsr-3239	295	19	differences	difference	NOUN
fsr-3239	295	20	.	.	PUNCT
fsr-3239	296	1	for	for	ADP
fsr-3239	296	2	smaller	small	ADJ
fsr-3239	296	3	investors	investor	NOUN
fsr-3239	296	4	with	with	ADP
fsr-3239	296	5	an	an	DET
fsr-3239	296	6	initial	initial	ADJ
fsr-3239	296	7	investment	investment	NOUN
fsr-3239	296	8	of	of	ADP
fsr-3239	296	9	$	$	SYM
fsr-3239	296	10	50,000	50,000	NUM
fsr-3239	296	11	,	,	PUNCT
fsr-3239	296	12	only	only	ADV
fsr-3239	296	13	38	38	NUM
fsr-3239	296	14	%	%	NOUN
fsr-3239	296	15	of	of	ADP
fsr-3239	296	16	the	the	DET
fsr-3239	296	17	aaii	aaii	NOUN
fsr-3239	296	18	portfolios	portfolio	NOUN
fsr-3239	296	19	beat	beat	VERB
fsr-3239	296	20	their	their	PRON
fsr-3239	296	21	benchmark	benchmark	ADJ
fsr-3239	296	22	sharpe	sharpe	NOUN
fsr-3239	296	23	ratios	ratio	NOUN
fsr-3239	296	24	.	.	PUNCT
fsr-3239	297	1	value	value	NOUN
fsr-3239	297	2	style	style	NOUN
fsr-3239	297	3	portfolios	portfolio	NOUN
fsr-3239	297	4	tend	tend	VERB
fsr-3239	297	5	to	to	PART
fsr-3239	297	6	have	have	VERB
fsr-3239	297	7	more	more	ADV
fsr-3239	297	8	favorable	favorable	ADJ
fsr-3239	297	9	sharpe	sharpe	NOUN
fsr-3239	297	10	ratio	ratio	NOUN
fsr-3239	297	11	comparisons	comparison	NOUN
fsr-3239	297	12	,	,	PUNCT
fsr-3239	297	13	but	but	CCONJ
fsr-3239	297	14	the	the	DET
fsr-3239	297	15	spread	spread	NOUN
fsr-3239	297	16	is	be	AUX
fsr-3239	297	17	again	again	ADV
fsr-3239	297	18	negative	negative	ADJ
fsr-3239	297	19	for	for	ADP
fsr-3239	297	20	the	the	DET
fsr-3239	297	21	$	$	SYM
fsr-3239	297	22	50,000	50,000	NUM
fsr-3239	297	23	investment	investment	NOUN
fsr-3239	297	24	.	.	PUNCT
fsr-3239	298	1	for	for	SCONJ
fsr-3239	298	2	investors	investor	NOUN
fsr-3239	298	3	with	with	ADP
fsr-3239	298	4	$	$	SYM
fsr-3239	298	5	100,000	100,000	NUM
fsr-3239	298	6	to	to	PART
fsr-3239	298	7	invest	invest	VERB
fsr-3239	298	8	the	the	DET
fsr-3239	298	9	sharpe	sharpe	PROPN
fsr-3239	298	10	ratio	ratio	NOUN
fsr-3239	298	11	comparisons	comparison	NOUN
fsr-3239	298	12	are	be	AUX
fsr-3239	298	13	more	more	ADV
fsr-3239	298	14	favorable	favorable	ADJ
fsr-3239	298	15	but	but	CCONJ
fsr-3239	298	16	barely	barely	ADV
fsr-3239	298	17	half	half	NOUN
fsr-3239	298	18	(	(	PUNCT
fsr-3239	298	19	52	52	NUM
fsr-3239	298	20	%	%	NOUN
fsr-3239	298	21	)	)	PUNCT
fsr-3239	298	22	of	of	ADP
fsr-3239	298	23	the	the	DET
fsr-3239	298	24	aaii	aaii	NOUN
fsr-3239	298	25	portfolios	portfolio	NOUN
fsr-3239	298	26	beat	beat	VERB
fsr-3239	298	27	their	their	PRON
fsr-3239	298	28	bfi	bfi	PROPN
fsr-3239	298	29	sharpe	sharpe	PROPN
fsr-3239	298	30	ratios	ratios	PROPN
fsr-3239	298	31	.	.	PUNCT
fsr-3239	299	1	the	the	DET
fsr-3239	299	2	value	value	NOUN
fsr-3239	299	3	strategy	strategy	NOUN
fsr-3239	299	4	is	be	AUX
fsr-3239	299	5	the	the	DET
fsr-3239	299	6	best	good	ADJ
fsr-3239	299	7	style	style	NOUN
fsr-3239	299	8	across	across	ADP
fsr-3239	299	9	all	all	DET
fsr-3239	299	10	levels	level	NOUN
fsr-3239	299	11	of	of	ADP
fsr-3239	299	12	investing	invest	VERB
fsr-3239	299	13	based	base	VERB
fsr-3239	299	14	on	on	ADP
fsr-3239	299	15	sharpe	sharpe	PROPN
fsr-3239	299	16	ratio	ratio	PROPN
fsr-3239	299	17	comparisons	comparison	NOUN
fsr-3239	299	18	.	.	PUNCT
fsr-3239	300	1	the	the	DET
fsr-3239	300	2	results	result	NOUN
fsr-3239	300	3	from	from	ADP
fsr-3239	300	4	regression	regression	NOUN
fsr-3239	300	5	analysis	analysis	NOUN
fsr-3239	300	6	measuring	measure	VERB
fsr-3239	300	7	the	the	DET
fsr-3239	300	8	1fmm	1fmm	PROPN
fsr-3239	300	9	�	�	NOUN
fsr-3239	300	10	1	1	NUM
fsr-3239	300	11	and	and	CCONJ
fsr-3239	300	12	the	the	DET
fsr-3239	300	13	fama	fama	NOUN
fsr-3239	300	14	and	and	CCONJ
fsr-3239	300	15	french	french	ADJ
fsr-3239	300	16	3fmm	3fmm	PROPN
fsr-3239	300	17	�	�	NOUN
fsr-3239	300	18	3	3	NUM
fsr-3239	300	19	appear	appear	VERB
fsr-3239	300	20	under	under	ADP
fsr-3239	300	21	headings	heading	NOUN
fsr-3239	300	22	(	(	PUNCT
fsr-3239	300	23	5	5	NUM
fsr-3239	300	24	)	)	PUNCT
fsr-3239	300	25	and	and	CCONJ
fsr-3239	300	26	(	(	PUNCT
fsr-3239	300	27	6	6	NUM
fsr-3239	300	28	)	)	PUNCT
fsr-3239	300	29	in	in	ADP
fsr-3239	300	30	table	table	NOUN
fsr-3239	300	31	3.5	3.5	NUM
fsr-3239	300	32	the	the	DET
fsr-3239	300	33	1fmm	1fmm	PROPN
fsr-3239	300	34	�	�	PROPN
fsr-3239	300	35	s	s	PART
fsr-3239	300	36	are	be	AUX
fsr-3239	300	37	statistically	statistically	ADV
fsr-3239	300	38	significant	significant	ADJ
fsr-3239	300	39	and	and	CCONJ
fsr-3239	300	40	positive	positive	ADJ
fsr-3239	300	41	for	for	ADP
fsr-3239	300	42	80	80	NUM
fsr-3239	300	43	%	%	NOUN
fsr-3239	300	44	of	of	ADP
fsr-3239	300	45	the	the	DET
fsr-3239	300	46	aaii	aaii	NOUN
fsr-3239	300	47	portfolios	portfolio	NOUN
fsr-3239	300	48	without	without	ADP
fsr-3239	300	49	transaction	transaction	NOUN
fsr-3239	300	50	costs	cost	NOUN
fsr-3239	300	51	.	.	PUNCT
fsr-3239	301	1	with	with	ADP
fsr-3239	301	2	transaction	transaction	NOUN
fsr-3239	301	3	costs	cost	NOUN
fsr-3239	301	4	,	,	PUNCT
fsr-3239	301	5	statistically	statistically	ADV
fsr-3239	301	6	significant	significant	ADJ
fsr-3239	301	7	1fmm	1fmm	NUM
fsr-3239	301	8	�	�	PROPN
fsr-3239	301	9	s	s	PART
fsr-3239	301	10	occur	occur	NOUN
fsr-3239	301	11	for	for	ADP
fsr-3239	301	12	32	32	NUM
fsr-3239	301	13	%	%	NOUN
fsr-3239	301	14	of	of	ADP
fsr-3239	301	15	the	the	DET
fsr-3239	301	16	portfolios	portfolio	NOUN
fsr-3239	301	17	for	for	ADP
fsr-3239	301	18	investors	investor	NOUN
fsr-3239	301	19	of	of	ADP
fsr-3239	301	20	$	$	SYM
fsr-3239	301	21	50,000	50,000	NUM
fsr-3239	301	22	and	and	CCONJ
fsr-3239	301	23	59	59	NUM
fsr-3239	301	24	%	%	NOUN
fsr-3239	301	25	for	for	ADP
fsr-3239	301	26	investors	investor	NOUN
fsr-3239	301	27	of	of	ADP
fsr-3239	301	28	$	$	SYM
fsr-3239	301	29	100,000	100,000	NUM
fsr-3239	301	30	.	.	PUNCT
fsr-3239	302	1	since	since	SCONJ
fsr-3239	302	2	the	the	DET
fsr-3239	302	3	one	one	NUM
fsr-3239	302	4	-	-	PUNCT
fsr-3239	302	5	tail	tail	NOUN
fsr-3239	302	6	5	5	NUM
fsr-3239	302	7	%	%	NOUN
fsr-3239	302	8	level	level	NOUN
fsr-3239	302	9	of	of	ADP
fsr-3239	302	10	significance	significance	NOUN
fsr-3239	302	11	is	be	AUX
fsr-3239	302	12	used	use	VERB
fsr-3239	302	13	in	in	ADP
fsr-3239	302	14	the	the	DET
fsr-3239	302	15	tests	test	NOUN
fsr-3239	302	16	,	,	PUNCT
fsr-3239	302	17	we	we	PRON
fsr-3239	302	18	would	would	AUX
fsr-3239	302	19	expect	expect	VERB
fsr-3239	302	20	5	5	NUM
fsr-3239	302	21	%	%	NOUN
fsr-3239	302	22	of	of	ADP
fsr-3239	302	23	the	the	DET
fsr-3239	302	24	portfolios	portfolio	NOUN
fsr-3239	302	25	to	to	PART
fsr-3239	302	26	be	be	AUX
fsr-3239	302	27	significant	significant	ADJ
fsr-3239	302	28	by	by	ADP
fsr-3239	302	29	pure	pure	ADJ
fsr-3239	302	30	chance	chance	NOUN
fsr-3239	302	31	.	.	PUNCT
fsr-3239	303	1	even	even	ADV
fsr-3239	303	2	with	with	ADP
fsr-3239	303	3	transaction	transaction	NOUN
fsr-3239	303	4	costs	cost	NOUN
fsr-3239	303	5	,	,	PUNCT
fsr-3239	303	6	the	the	DET
fsr-3239	303	7	aaii	aaii	NOUN
fsr-3239	303	8	screens	screen	NOUN
fsr-3239	303	9	offer	offer	VERB
fsr-3239	303	10	more	more	ADV
fsr-3239	303	11	significant	significant	ADJ
fsr-3239	303	12	excess	excess	ADJ
fsr-3239	303	13	return	return	NOUN
fsr-3239	303	14	portfolios	portfolio	NOUN
fsr-3239	303	15	than	than	ADP
fsr-3239	303	16	chance	chance	NOUN
fsr-3239	303	17	would	would	AUX
fsr-3239	303	18	predict	predict	VERB
fsr-3239	303	19	.	.	PUNCT
fsr-3239	304	1	the	the	DET
fsr-3239	304	2	best	good	ADJ
fsr-3239	304	3	style	style	NOUN
fsr-3239	304	4	varies	vary	VERB
fsr-3239	304	5	with	with	ADP
fsr-3239	304	6	the	the	DET
fsr-3239	304	7	size	size	NOUN
fsr-3239	304	8	of	of	ADP
fsr-3239	304	9	the	the	DET
fsr-3239	304	10	investment	investment	NOUN
fsr-3239	304	11	.	.	PUNCT
fsr-3239	305	1	value	value	NOUN
fsr-3239	305	2	dominates	dominate	VERB
fsr-3239	305	3	the	the	DET
fsr-3239	305	4	zero	zero	NUM
fsr-3239	305	5	transaction	transaction	NOUN
fsr-3239	305	6	cost	cost	NOUN
fsr-3239	305	7	comparisons	comparison	NOUN
fsr-3239	305	8	whereas	whereas	SCONJ
fsr-3239	305	9	growth	growth	NOUN
fsr-3239	305	10	dominates	dominate	VERB
fsr-3239	305	11	for	for	ADP
fsr-3239	305	12	the	the	DET
fsr-3239	305	13	$	$	SYM
fsr-3239	305	14	50,000	50,000	NUM
fsr-3239	305	15	initial	initial	ADJ
fsr-3239	305	16	investment	investment	NOUN
fsr-3239	305	17	and	and	CCONJ
fsr-3239	305	18	a	a	DET
fsr-3239	305	19	growth	growth	NOUN
fsr-3239	305	20	/	/	SYM
fsr-3239	305	21	value	value	NOUN
fsr-3239	305	22	blend	blend	NOUN
fsr-3239	305	23	performs	perform	VERB
fsr-3239	305	24	best	good	ADJ
fsr-3239	305	25	for	for	ADP
fsr-3239	305	26	the	the	DET
fsr-3239	305	27	$	$	SYM
fsr-3239	305	28	100,000	100,000	NUM
fsr-3239	305	29	initial	initial	ADJ
fsr-3239	305	30	investment	investment	NOUN
fsr-3239	305	31	.	.	PUNCT
fsr-3239	306	1	the	the	DET
fsr-3239	306	2	magnitude	magnitude	NOUN
fsr-3239	306	3	of	of	ADP
fsr-3239	306	4	the	the	DET
fsr-3239	306	5	statistically	statistically	ADV
fsr-3239	306	6	significant	significant	ADJ
fsr-3239	306	7	�	�	NOUN
fsr-3239	306	8	s	s	PART
fsr-3239	306	9	is	be	AUX
fsr-3239	306	10	very	very	ADV
fsr-3239	306	11	impressive	impressive	ADJ
fsr-3239	306	12	with	with	ADP
fsr-3239	306	13	over	over	ADP
fsr-3239	306	14	100	100	NUM
fsr-3239	306	15	basis	basis	NOUN
fsr-3239	306	16	point	point	NOUN
fsr-3239	306	17	excess	excess	ADJ
fsr-3239	306	18	return	return	NOUN
fsr-3239	306	19	for	for	ADP
fsr-3239	306	20	every	every	DET
fsr-3239	306	21	initial	initial	ADJ
fsr-3239	306	22	investment	investment	NOUN
fsr-3239	306	23	in	in	ADP
fsr-3239	306	24	table	table	NOUN
fsr-3239	306	25	3	3	NUM
fsr-3239	306	26	.	.	PUNCT
fsr-3239	306	27	when	when	SCONJ
fsr-3239	306	28	transaction	transaction	NOUN
fsr-3239	306	29	costs	cost	NOUN
fsr-3239	306	30	are	be	AUX
fsr-3239	306	31	zero	zero	NUM
fsr-3239	306	32	,	,	PUNCT
fsr-3239	306	33	the	the	DET
fsr-3239	306	34	3fmm	3fmm	PROPN
fsr-3239	306	35	�	�	PROPN
fsr-3239	306	36	is	be	AUX
fsr-3239	306	37	statistically	statistically	ADV
fsr-3239	306	38	significant	significant	ADJ
fsr-3239	306	39	at	at	ADP
fsr-3239	306	40	the	the	DET
fsr-3239	306	41	5	5	NUM
fsr-3239	306	42	%	%	NOUN
fsr-3239	306	43	level	level	NOUN
fsr-3239	306	44	for	for	ADP
fsr-3239	306	45	61	61	NUM
fsr-3239	306	46	%	%	NOUN
fsr-3239	306	47	of	of	ADP
fsr-3239	306	48	the	the	DET
fsr-3239	306	49	aaii	aaii	NOUN
fsr-3239	306	50	portfolios	portfolio	NOUN
fsr-3239	306	51	with	with	ADP
fsr-3239	306	52	zero	zero	NUM
fsr-3239	306	53	transaction	transaction	NOUN
fsr-3239	306	54	costs	cost	NOUN
fsr-3239	306	55	.	.	PUNCT
fsr-3239	307	1	with	with	ADP
fsr-3239	307	2	transaction	transaction	NOUN
fsr-3239	307	3	costs	cost	NOUN
fsr-3239	307	4	,	,	PUNCT
fsr-3239	307	5	the	the	DET
fsr-3239	307	6	proportion	proportion	NOUN
fsr-3239	307	7	of	of	ADP
fsr-3239	307	8	aaii	aaii	NOUN
fsr-3239	307	9	portfolios	portfolio	NOUN
fsr-3239	307	10	with	with	ADP
fsr-3239	307	11	statistically	statistically	ADV
fsr-3239	307	12	significant	significant	ADJ
fsr-3239	307	13	3fmm	3fmm	NUM
fsr-3239	307	14	�	�	PROPN
fsr-3239	307	15	s	s	PART
fsr-3239	307	16	shrinks	shrink	VERB
fsr-3239	307	17	to	to	ADP
fsr-3239	307	18	29	29	NUM
fsr-3239	307	19	%	%	NOUN
fsr-3239	307	20	for	for	ADP
fsr-3239	307	21	a	a	DET
fsr-3239	307	22	$	$	SYM
fsr-3239	307	23	50,000	50,000	NUM
fsr-3239	307	24	initial	initial	ADJ
fsr-3239	307	25	investment	investment	NOUN
fsr-3239	307	26	and	and	CCONJ
fsr-3239	307	27	to	to	ADP
fsr-3239	307	28	39	39	NUM
fsr-3239	307	29	%	%	NOUN
fsr-3239	307	30	for	for	ADP
fsr-3239	307	31	an	an	DET
fsr-3239	307	32	initial	initial	ADJ
fsr-3239	307	33	investment	investment	NOUN
fsr-3239	307	34	of	of	ADP
fsr-3239	307	35	$	$	SYM
fsr-3239	307	36	100,000	100,000	NUM
fsr-3239	307	37	.	.	PUNCT
fsr-3239	308	1	statistically	statistically	ADV
fsr-3239	308	2	significant	significant	ADJ
fsr-3239	308	3	3fmm	3fmm	NUM
fsr-3239	308	4	�	�	PROPN
fsr-3239	308	5	s	s	PART
fsr-3239	308	6	average	average	NOUN
fsr-3239	308	7	from	from	ADP
fsr-3239	308	8	163	163	NUM
fsr-3239	308	9	basis	basis	NOUN
fsr-3239	308	10	points	point	NOUN
fsr-3239	308	11	for	for	ADP
fsr-3239	308	12	zero	zero	NUM
fsr-3239	308	13	transaction	transaction	NOUN
fsr-3239	308	14	costs	cost	NOUN
fsr-3239	308	15	to	to	ADP
fsr-3239	308	16	115	115	NUM
fsr-3239	308	17	basis	basis	NOUN
fsr-3239	308	18	points	point	NOUN
fsr-3239	308	19	for	for	ADP
fsr-3239	308	20	the	the	DET
fsr-3239	308	21	$	$	SYM
fsr-3239	308	22	50,000	50,000	NUM
fsr-3239	308	23	investment	investment	NOUN
fsr-3239	308	24	.	.	PUNCT
fsr-3239	309	1	the	the	DET
fsr-3239	309	2	growth	growth	NOUN
fsr-3239	309	3	style	style	NOUN
fsr-3239	309	4	has	have	VERB
fsr-3239	309	5	the	the	DET
fsr-3239	309	6	best	good	ADJ
fsr-3239	309	7	performing	perform	VERB
fsr-3239	309	8	portfolios	portfolio	NOUN
fsr-3239	309	9	for	for	ADP
fsr-3239	309	10	the	the	DET
fsr-3239	309	11	3fmm	3fmm	NUM
fsr-3239	309	12	.	.	PUNCT
fsr-3239	310	1	the	the	DET
fsr-3239	310	2	findings	finding	NOUN
fsr-3239	310	3	for	for	ADP
fsr-3239	310	4	the	the	DET
fsr-3239	310	5	3fmm	3fmm	NUM
fsr-3239	310	6	are	be	AUX
fsr-3239	310	7	interesting	interesting	ADJ
fsr-3239	310	8	because	because	SCONJ
fsr-3239	310	9	superior	superior	ADJ
fsr-3239	310	10	performance	performance	NOUN
fsr-3239	310	11	is	be	AUX
fsr-3239	310	12	found	find	VERB
fsr-3239	310	13	for	for	ADP
fsr-3239	310	14	a	a	DET
fsr-3239	310	15	large	large	ADJ
fsr-3239	310	16	number	number	NOUN
fsr-3239	310	17	of	of	ADP
fsr-3239	310	18	the	the	DET
fsr-3239	310	19	aaii	aaii	NOUN
fsr-3239	310	20	portfolios	portfolio	NOUN
fsr-3239	310	21	even	even	ADV
fsr-3239	310	22	after	after	ADP
fsr-3239	310	23	taking	take	VERB
fsr-3239	310	24	out	out	ADP
fsr-3239	310	25	market	market	NOUN
fsr-3239	310	26	exposure	exposure	NOUN
fsr-3239	310	27	,	,	PUNCT
fsr-3239	310	28	size	size	NOUN
fsr-3239	310	29	,	,	PUNCT
fsr-3239	310	30	and	and	CCONJ
fsr-3239	310	31	valuation	valuation	NOUN
fsr-3239	310	32	factors	factor	NOUN
fsr-3239	310	33	that	that	PRON
fsr-3239	310	34	should	should	AUX
fsr-3239	310	35	reduce	reduce	VERB
fsr-3239	310	36	excess	excess	ADJ
fsr-3239	310	37	returns	return	NOUN
fsr-3239	310	38	to	to	ADP
fsr-3239	310	39	zero	zero	NUM
fsr-3239	310	40	according	accord	VERB
fsr-3239	310	41	to	to	ADP
fsr-3239	310	42	fama	fama	PROPN
fsr-3239	310	43	and	and	CCONJ
fsr-3239	310	44	french	french	NOUN
fsr-3239	310	45	.	.	PUNCT
fsr-3239	311	1	the	the	PRON
fsr-3239	311	2	aaii	aaii	NOUN
fsr-3239	311	3	169d.s	169d.s	NUM
fsr-3239	311	4	.	.	PUNCT
fsr-3239	312	1	north	north	PROPN
fsr-3239	312	2	,	,	PUNCT
fsr-3239	312	3	j.l	j.l	PROPN
fsr-3239	312	4	.	.	PROPN
fsr-3239	312	5	stevens	stevens	PROPN
fsr-3239	312	6	/	/	SYM
fsr-3239	312	7	financial	financial	ADJ
fsr-3239	312	8	services	service	NOUN
fsr-3239	312	9	review	review	VERB
fsr-3239	312	10	24	24	NUM
fsr-3239	312	11	(	(	PUNCT
fsr-3239	312	12	2015	2015	NUM
fsr-3239	312	13	)	)	PUNCT
fsr-3239	313	1	157–176	157–176	NUM
fsr-3239	313	2	t	t	X
fsr-3239	313	3	ab	ab	PROPN
fsr-3239	313	4	le	le	PROPN
fsr-3239	313	5	4	4	NUM
fsr-3239	313	6	sc	sc	PROPN
fsr-3239	313	7	re	re	X
fsr-3239	313	8	en	en	X
fsr-3239	313	9	ed	ed	PROPN
fsr-3239	313	10	po	po	PROPN
fsr-3239	314	1	rt	rt	INTJ
fsr-3239	314	2	fo	fo	INTJ
fsr-3239	314	3	lio	lio	PROPN
fsr-3239	314	4	ra	ra	PROPN
fsr-3239	314	5	nk	nk	PROPN
fsr-3239	314	6	in	in	ADP
fsr-3239	314	7	gs	gs	PROPN
fsr-3239	314	8	–	–	PUNCT
fsr-3239	314	9	w	w	PROPN
fsr-3239	314	10	ith	ith	PROPN
fsr-3239	314	11	tr	tr	VERB
fsr-3239	314	12	an	an	PRON
fsr-3239	314	13	sa	sa	NOUN
fsr-3239	314	14	ct	ct	PROPN
fsr-3239	314	15	io	io	X
fsr-3239	314	16	ns	ns	PROPN
fsr-3239	314	17	co	co	PROPN
fsr-3239	314	18	st	st	PROPN
fsr-3239	314	19	s	s	PROPN
fsr-3239	314	20	an	an	DET
fsr-3239	314	21	d	d	PROPN
fsr-3239	314	22	$	$	SYM
fsr-3239	314	23	5	5	NUM
fsr-3239	314	24	0k	0k	NOUN
fsr-3239	314	25	in	in	ADP
fsr-3239	314	26	iti	iti	PROPN
fsr-3239	314	27	al	al	PROPN
fsr-3239	314	28	in	in	ADP
fsr-3239	314	29	ve	ve	PROPN
fsr-3239	314	30	st	st	PROPN
fsr-3239	314	31	m	m	PROPN
fsr-3239	314	32	en	en	X
fsr-3239	314	33	ta	ta	PROPN
fsr-3239	314	34	,	,	PUNCT
fsr-3239	314	35	b	b	PROPN
fsr-3239	315	1	po	po	X
fsr-3239	316	1	rt	rt	INTJ
fsr-3239	316	2	fo	fo	INTJ
fsr-3239	316	3	lio	lio	PROPN
fsr-3239	316	4	na	na	INTJ
fsr-3239	316	5	m	m	PROPN
fsr-3239	316	6	e	e	X
fsr-3239	316	7	g	g	ADP
fsr-3239	316	8	ro	ro	X
fsr-3239	316	9	up	up	ADP
fsr-3239	316	10	g	g	PROPN
fsr-3239	316	11	m	m	NOUN
fsr-3239	316	12	m	m	VERB
fsr-3239	316	13	r	r	NOUN
fsr-3239	316	14	�	�	PROPN
fsr-3239	316	15	b	b	PROPN
fsr-3239	316	16	fi	fi	NOUN
fsr-3239	316	17	a	a	DET
fsr-3239	316	18	m	m	NOUN
fsr-3239	316	19	m	m	VERB
fsr-3239	316	20	r	r	NOUN
fsr-3239	316	21	�	�	PROPN
fsr-3239	316	22	b	b	PROPN
fsr-3239	317	1	fi	fi	NOUN
fsr-3239	318	1	m	m	NOUN
fsr-3239	318	2	d	d	NOUN
fsr-3239	318	3	m	m	NOUN
fsr-3239	318	4	r	r	NOUN
fsr-3239	318	5	�	�	PROPN
fsr-3239	318	6	b	b	PROPN
fsr-3239	318	7	fi	fi	NOUN
fsr-3239	318	8	sh	sh	PROPN
fsr-3239	318	9	ar	ar	PROPN
fsr-3239	318	10	pe	pe	PROPN
fsr-3239	318	11	b	b	PROPN
fsr-3239	318	12	fi	fi	NOUN
fsr-3239	318	13	sh	sh	PROPN
fsr-3239	318	14	ar	ar	PROPN
fsr-3239	318	15	pe	pe	PROPN
fsr-3239	318	16	1f	1f	PROPN
fsr-3239	318	17	m	m	VERB
fsr-3239	318	18	m	m	VERB
fsr-3239	318	19	�	�	PROPN
fsr-3239	318	20	3f	3f	PROPN
fsr-3239	318	21	m	m	PROPN
fsr-3239	318	22	m	m	VERB
fsr-3239	318	23	�	�	PROPN
fsr-3239	318	24	a	a	DET
fsr-3239	318	25	ve	ve	PROPN
fsr-3239	318	26	ra	ra	PROPN
fsr-3239	318	27	ge	ge	PROPN
fsr-3239	318	28	st	st	PROPN
fsr-3239	319	1	oc	oc	PROPN
fsr-3239	319	2	ks	ks	PROPN
fsr-3239	319	3	he	he	PRON
fsr-3239	319	4	ld	ld	PROPN
fsr-3239	319	5	pi	pi	NOUN
fsr-3239	319	6	ot	ot	INTJ
fsr-3239	319	7	ro	ro	INTJ
fsr-3239	319	8	sk	sk	INTJ
fsr-3239	319	9	i	i	PRON
fsr-3239	319	10	9	9	NUM
fsr-3239	319	11	pr	pr	INTJ
fsr-3239	319	12	ic	ic	PROPN
fsr-3239	319	13	e	e	PROPN
fsr-3239	319	14	ch	ch	NOUN
fsr-3239	319	15	g	g	PROPN
fsr-3239	319	16	v	v	ADP
fsr-3239	319	17	1	1	NUM
fsr-3239	319	18	.	.	PUNCT
fsr-3239	319	19	68	68	NUM
fsr-3239	319	20	%	%	NOUN
fsr-3239	319	21	(	(	PUNCT
fsr-3239	319	22	1	1	NUM
fsr-3239	319	23	)	)	PUNCT
fsr-3239	319	24	2	2	NUM
fsr-3239	319	25	.	.	NUM
fsr-3239	319	26	01	01	NUM
fsr-3239	320	1	%	%	NOUN
fsr-3239	320	2	*	*	PUNCT
fsr-3239	320	3	(	(	PUNCT
fsr-3239	320	4	2	2	X
fsr-3239	320	5	)	)	PUNCT
fsr-3239	320	6	�	�	PROPN
fsr-3239	320	7	1	1	NUM
fsr-3239	320	8	.	.	NUM
fsr-3239	320	9	02	02	NUM
fsr-3239	320	10	%	%	NOUN
fsr-3239	320	11	(	(	PUNCT
fsr-3239	320	12	4	4	NUM
fsr-3239	320	13	0	0	NUM
fsr-3239	320	14	)	)	PUNCT
fsr-3239	320	15	0	0	NUM
fsr-3239	320	16	.	.	PROPN
fsr-3239	321	1	13	13	NUM
fsr-3239	321	2	0	0	NUM
fsr-3239	321	3	(	(	PUNCT
fsr-3239	321	4	1	1	NUM
fsr-3239	321	5	)	)	PUNCT
fsr-3239	321	6	2	2	NUM
fsr-3239	321	7	.	.	X
fsr-3239	321	8	71	71	NUM
fsr-3239	321	9	%	%	NOUN
fsr-3239	321	10	*	*	PUNCT
fsr-3239	321	11	*	*	PUNCT
fsr-3239	321	12	(	(	PUNCT
fsr-3239	321	13	1	1	NUM
fsr-3239	321	14	)	)	PUNCT
fsr-3239	321	15	2	2	NUM
fsr-3239	321	16	.	.	NOUN
fsr-3239	321	17	39	39	NUM
fsr-3239	321	18	%	%	NOUN
fsr-3239	321	19	*	*	PUNCT
fsr-3239	321	20	*	*	PUNCT
fsr-3239	321	21	(	(	PUNCT
fsr-3239	321	22	1	1	NUM
fsr-3239	321	23	)	)	SYM
fsr-3239	321	24	4	4	NUM
fsr-3239	321	25	(	(	PUNCT
fsr-3239	321	26	5	5	NUM
fsr-3239	321	27	3	3	NUM
fsr-3239	321	28	)	)	PUNCT
fsr-3239	321	29	m	m	VERB
fsr-3239	321	30	a	a	DET
fsr-3239	321	31	g	g	NOUN
fsr-3239	321	32	n	n	ADP
fsr-3239	321	33	e	e	NOUN
fsr-3239	321	34	t	t	NOUN
fsr-3239	321	35	si	si	PROPN
fsr-3239	321	36	m	m	VERB
fsr-3239	321	37	pl	pl	PROPN
fsr-3239	321	38	e	e	X
fsr-3239	321	39	pr	pr	NOUN
fsr-3239	321	40	ic	ic	PROPN
fsr-3239	321	41	e	e	PROPN
fsr-3239	321	42	ch	ch	NOUN
fsr-3239	321	43	g	g	PROPN
fsr-3239	321	44	v	v	ADP
fsr-3239	321	45	1	1	NUM
fsr-3239	321	46	.	.	NOUN
fsr-3239	321	47	29	29	NUM
fsr-3239	321	48	%	%	NOUN
fsr-3239	321	49	(	(	PUNCT
fsr-3239	321	50	2	2	NUM
fsr-3239	321	51	)	)	PUNCT
fsr-3239	321	52	2	2	NUM
fsr-3239	321	53	.	.	NUM
fsr-3239	321	54	06	06	NUM
fsr-3239	321	55	%	%	NOUN
fsr-3239	321	56	*	*	PUNCT
fsr-3239	321	57	(	(	PUNCT
fsr-3239	321	58	1	1	X
fsr-3239	321	59	)	)	PUNCT
fsr-3239	321	60	�	�	PROPN
fsr-3239	321	61	1	1	NUM
fsr-3239	321	62	.	.	NUM
fsr-3239	321	63	03	03	NUM
fsr-3239	321	64	%	%	NOUN
fsr-3239	321	65	(	(	PUNCT
fsr-3239	321	66	4	4	NUM
fsr-3239	321	67	1	1	NUM
fsr-3239	321	68	)	)	PUNCT
fsr-3239	321	69	0	0	NUM
fsr-3239	321	70	.	.	PROPN
fsr-3239	321	71	09	09	NUM
fsr-3239	321	72	7	7	NUM
fsr-3239	321	73	(	(	PUNCT
fsr-3239	321	74	7	7	NUM
fsr-3239	321	75	)	)	PUNCT
fsr-3239	321	76	2	2	NUM
fsr-3239	321	77	.	.	X
fsr-3239	321	78	45	45	NUM
fsr-3239	321	79	%	%	NOUN
fsr-3239	321	80	*	*	PUNCT
fsr-3239	321	81	*	*	PUNCT
fsr-3239	321	82	(	(	PUNCT
fsr-3239	321	83	2	2	NUM
fsr-3239	321	84	)	)	PUNCT
fsr-3239	321	85	1	1	NUM
fsr-3239	321	86	.	.	X
fsr-3239	321	87	97	97	NUM
fsr-3239	321	88	%	%	NOUN
fsr-3239	321	89	*	*	PUNCT
fsr-3239	321	90	(	(	PUNCT
fsr-3239	321	91	2	2	NUM
fsr-3239	321	92	)	)	PUNCT
fsr-3239	321	93	3	3	NUM
fsr-3239	321	94	(	(	PUNCT
fsr-3239	321	95	5	5	NUM
fsr-3239	321	96	5	5	NUM
fsr-3239	321	97	)	)	PUNCT
fsr-3239	321	98	o	o	NOUN
fsr-3239	321	99	’	'	PUNCT
fsr-3239	321	100	n	n	ADP
fsr-3239	321	101	ei	ei	ADP
fsr-3239	321	102	l	l	NOUN
fsr-3239	321	103	’	'	PUNCT
fsr-3239	321	104	s	s	VERB
fsr-3239	321	105	c	c	PROPN
fsr-3239	321	106	a	a	DET
fsr-3239	321	107	n	n	NOUN
fsr-3239	321	108	sl	sl	INTJ
fsr-3239	322	1	i	i	PRON
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fsr-3239	323	7	.	.	NOUN
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fsr-3239	323	9	%	%	NOUN
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fsr-3239	323	14	.	.	X
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fsr-3239	323	16	%	%	NOUN
fsr-3239	323	17	*	*	PUNCT
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fsr-3239	323	19	3	3	X
fsr-3239	323	20	)	)	PUNCT
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fsr-3239	323	22	0	0	NUM
fsr-3239	323	23	.	.	PUNCT
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fsr-3239	324	2	%	%	NOUN
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fsr-3239	324	4	1	1	NUM
fsr-3239	324	5	4	4	NUM
fsr-3239	324	6	)	)	PUNCT
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fsr-3239	324	8	.	.	PROPN
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fsr-3239	324	12	2	2	NUM
fsr-3239	324	13	)	)	PUNCT
fsr-3239	324	14	1	1	NUM
fsr-3239	324	15	.	.	X
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fsr-3239	324	17	%	%	NOUN
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fsr-3239	324	19	*	*	PUNCT
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fsr-3239	324	21	3	3	NUM
fsr-3239	324	22	)	)	PUNCT
fsr-3239	324	23	1	1	NUM
fsr-3239	324	24	.	.	X
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fsr-3239	324	26	%	%	NOUN
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fsr-3239	324	30	3	3	NUM
fsr-3239	324	31	)	)	PUNCT
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fsr-3239	324	34	5	5	NUM
fsr-3239	324	35	0	0	NUM
fsr-3239	324	36	)	)	PUNCT
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fsr-3239	328	7	.	.	PUNCT
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fsr-3239	328	9	%	%	NOUN
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fsr-3239	328	11	5	5	NUM
fsr-3239	328	12	)	)	PUNCT
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fsr-3239	328	14	.	.	X
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fsr-3239	328	16	%	%	NOUN
fsr-3239	328	17	*	*	PUNCT
fsr-3239	328	18	*	*	PUNCT
fsr-3239	328	19	(	(	PUNCT
fsr-3239	328	20	6	6	NUM
fsr-3239	328	21	)	)	PUNCT
fsr-3239	328	22	0	0	NUM
fsr-3239	328	23	.	.	PUNCT
fsr-3239	329	1	87	87	NUM
fsr-3239	329	2	%	%	NOUN
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fsr-3239	329	5	3	3	NUM
fsr-3239	329	6	)	)	PUNCT
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fsr-3239	329	8	.	.	X
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fsr-3239	329	12	8	8	NUM
fsr-3239	329	13	)	)	PUNCT
fsr-3239	329	14	1	1	NUM
fsr-3239	329	15	.	.	X
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fsr-3239	329	17	%	%	NOUN
fsr-3239	329	18	*	*	PUNCT
fsr-3239	329	19	*	*	PUNCT
fsr-3239	329	20	(	(	PUNCT
fsr-3239	329	21	4	4	NUM
fsr-3239	329	22	)	)	PUNCT
fsr-3239	329	23	1	1	NUM
fsr-3239	329	24	.	.	X
fsr-3239	329	25	33	33	NUM
fsr-3239	329	26	%	%	NOUN
fsr-3239	329	27	*	*	PUNCT
fsr-3239	329	28	*	*	PUNCT
fsr-3239	329	29	(	(	PUNCT
fsr-3239	329	30	6	6	NUM
fsr-3239	329	31	)	)	SYM
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fsr-3239	329	33	(	(	PUNCT
fsr-3239	329	34	2	2	NUM
fsr-3239	329	35	5	5	NUM
fsr-3239	329	36	)	)	PUNCT
fsr-3239	329	37	e	e	NOUN
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fsr-3239	329	41	:	:	PUNCT
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fsr-3239	329	44	5	5	NUM
fsr-3239	329	45	%	%	NOUN
fsr-3239	329	46	pr	pr	NOUN
fsr-3239	329	47	ic	ic	PROPN
fsr-3239	329	48	e	e	PROPN
fsr-3239	329	49	ch	ch	NOUN
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fsr-3239	329	51	s	s	PROPN
fsr-3239	329	52	1	1	NUM
fsr-3239	329	53	.	.	NUM
fsr-3239	329	54	08	08	NUM
fsr-3239	329	55	%	%	NOUN
fsr-3239	329	56	(	(	PUNCT
fsr-3239	329	57	6	6	NUM
fsr-3239	329	58	)	)	PUNCT
fsr-3239	329	59	1	1	NUM
fsr-3239	329	60	.	.	X
fsr-3239	329	61	23	23	NUM
fsr-3239	329	62	%	%	NOUN
fsr-3239	329	63	*	*	PUNCT
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fsr-3239	329	65	(	(	PUNCT
fsr-3239	329	66	4	4	NUM
fsr-3239	329	67	)	)	PUNCT
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fsr-3239	329	69	.	.	NOUN
fsr-3239	329	70	00	00	NUM
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fsr-3239	331	3	(	(	PUNCT
fsr-3239	331	4	1	1	NUM
fsr-3239	331	5	)	)	PUNCT
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fsr-3239	331	7	.	.	PROPN
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fsr-3239	332	3	(	(	PUNCT
fsr-3239	332	4	3	3	NUM
fsr-3239	332	5	)	)	PUNCT
fsr-3239	332	6	1	1	NUM
fsr-3239	332	7	.	.	X
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fsr-3239	332	9	%	%	NOUN
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fsr-3239	332	13	5	5	NUM
fsr-3239	332	14	)	)	PUNCT
fsr-3239	332	15	1	1	NUM
fsr-3239	332	16	.	.	X
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fsr-3239	332	18	%	%	NOUN
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fsr-3239	332	21	(	(	PUNCT
fsr-3239	332	22	4	4	NUM
fsr-3239	332	23	)	)	PUNCT
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fsr-3239	332	25	(	(	PUNCT
fsr-3239	332	26	9	9	NUM
fsr-3239	332	27	)	)	PUNCT
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fsr-3239	335	5	v	v	ADP
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fsr-3239	335	7	.	.	SYM
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fsr-3239	335	9	%	%	NOUN
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fsr-3239	335	11	4	4	NUM
fsr-3239	335	12	)	)	PUNCT
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fsr-3239	335	14	.	.	X
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fsr-3239	336	2	%	%	NOUN
fsr-3239	336	3	*	*	PUNCT
fsr-3239	336	4	(	(	PUNCT
fsr-3239	336	5	8	8	X
fsr-3239	336	6	)	)	PUNCT
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fsr-3239	336	9	.	.	PROPN
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fsr-3239	336	13	1	1	NUM
fsr-3239	336	14	6	6	NUM
fsr-3239	336	15	)	)	PUNCT
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fsr-3239	336	17	.	.	X
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fsr-3239	337	4	1	1	NUM
fsr-3239	337	5	1	1	NUM
fsr-3239	337	6	)	)	PUNCT
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fsr-3239	337	8	.	.	X
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fsr-3239	337	10	%	%	NOUN
fsr-3239	337	11	*	*	PUNCT
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fsr-3239	337	14	6	6	NUM
fsr-3239	337	15	)	)	PUNCT
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fsr-3239	337	17	.	.	X
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fsr-3239	337	22	8	8	X
fsr-3239	337	23	)	)	PUNCT
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fsr-3239	337	26	2	2	NUM
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fsr-3239	338	12	.	.	PUNCT
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fsr-3239	339	4	1	1	NUM
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fsr-3239	339	6	)	)	PUNCT
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fsr-3239	339	8	.	.	X
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fsr-3239	339	12	1	1	NUM
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fsr-3239	339	14	)	)	PUNCT
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fsr-3239	339	17	.	.	PUNCT
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fsr-3239	339	21	4	4	NUM
fsr-3239	339	22	4	4	NUM
fsr-3239	339	23	)	)	PUNCT
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fsr-3239	339	26	.	.	PROPN
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fsr-3239	339	30	2	2	NUM
fsr-3239	339	31	2	2	NUM
fsr-3239	339	32	)	)	PUNCT
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fsr-3239	339	34	.	.	X
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fsr-3239	339	39	7	7	NUM
fsr-3239	339	40	)	)	PUNCT
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fsr-3239	339	42	.	.	X
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fsr-3239	339	47	5	5	NUM
fsr-3239	339	48	)	)	SYM
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fsr-3239	339	50	(	(	PUNCT
fsr-3239	339	51	5	5	NUM
fsr-3239	339	52	6	6	NUM
fsr-3239	339	53	)	)	PUNCT
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fsr-3239	339	66	.	.	X
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fsr-3239	339	70	8	8	NUM
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fsr-3239	339	73	.	.	X
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fsr-3239	339	75	%	%	NOUN
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fsr-3239	339	79	5	5	NUM
fsr-3239	339	80	)	)	PUNCT
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fsr-3239	339	82	.	.	X
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fsr-3239	339	89	)	)	PUNCT
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fsr-3239	339	95	5	5	NUM
fsr-3239	339	96	)	)	PUNCT
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fsr-3239	339	98	.	.	X
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fsr-3239	339	107	.	.	X
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fsr-3239	339	117	4	4	NUM
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fsr-3239	341	7	.	.	X
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fsr-3239	341	18	%	%	NOUN
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fsr-3239	341	20	3	3	NUM
fsr-3239	341	21	9	9	NUM
fsr-3239	341	22	)	)	PUNCT
fsr-3239	341	23	0	0	NUM
fsr-3239	341	24	.	.	PROPN
fsr-3239	341	25	10	10	NUM
fsr-3239	341	26	6	6	NUM
fsr-3239	341	27	(	(	PUNCT
fsr-3239	341	28	4	4	NUM
fsr-3239	341	29	)	)	PUNCT
fsr-3239	341	30	1	1	NUM
fsr-3239	341	31	.	.	X
fsr-3239	341	32	53	53	NUM
fsr-3239	341	33	%	%	NOUN
fsr-3239	341	34	*	*	PUNCT
fsr-3239	341	35	*	*	PUNCT
fsr-3239	341	36	(	(	PUNCT
fsr-3239	341	37	9	9	NUM
fsr-3239	341	38	)	)	PUNCT
fsr-3239	341	39	1	1	NUM
fsr-3239	341	40	.	.	X
fsr-3239	341	41	24	24	NUM
fsr-3239	341	42	%	%	NOUN
fsr-3239	341	43	*	*	PUNCT
fsr-3239	341	44	(	(	PUNCT
fsr-3239	341	45	7	7	NUM
fsr-3239	341	46	)	)	SYM
fsr-3239	341	47	4	4	NUM
fsr-3239	341	48	(	(	PUNCT
fsr-3239	341	49	5	5	NUM
fsr-3239	341	50	4	4	NUM
fsr-3239	341	51	)	)	PUNCT
fsr-3239	341	52	st	st	NOUN
fsr-3239	341	53	oc	oc	PROPN
fsr-3239	341	54	k	k	PROPN
fsr-3239	341	55	m	m	PROPN
fsr-3239	341	56	ar	ar	PROPN
fsr-3239	341	57	ke	ke	PROPN
fsr-3239	341	58	t	t	PROPN
fsr-3239	341	59	w	w	PROPN
fsr-3239	341	60	in	in	ADP
fsr-3239	341	61	ne	ne	X
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fsr-3239	341	63	pr	pr	INTJ
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fsr-3239	341	65	e	e	PROPN
fsr-3239	341	66	ch	ch	NOUN
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fsr-3239	341	68	g	g	PROPN
fsr-3239	341	69	/v	/v	PUNCT
fsr-3239	341	70	0	0	NUM
fsr-3239	341	71	.	.	X
fsr-3239	341	72	74	74	NUM
fsr-3239	341	73	%	%	NOUN
fsr-3239	341	74	(	(	PUNCT
fsr-3239	341	75	9	9	NUM
fsr-3239	341	76	)	)	PUNCT
fsr-3239	341	77	0	0	NUM
fsr-3239	341	78	.	.	X
fsr-3239	341	79	76	76	NUM
fsr-3239	341	80	%	%	NOUN
fsr-3239	341	81	(	(	PUNCT
fsr-3239	341	82	1	1	NUM
fsr-3239	341	83	2	2	NUM
fsr-3239	341	84	)	)	PUNCT
fsr-3239	341	85	�	�	PROPN
fsr-3239	341	86	0	0	NUM
fsr-3239	341	87	.	.	PROPN
fsr-3239	341	88	15	15	NUM
fsr-3239	341	89	%	%	NOUN
fsr-3239	341	90	(	(	PUNCT
fsr-3239	341	91	1	1	NUM
fsr-3239	341	92	2	2	NUM
fsr-3239	341	93	)	)	PUNCT
fsr-3239	341	94	0	0	NUM
fsr-3239	341	95	.	.	X
fsr-3239	342	1	10	10	NUM
fsr-3239	342	2	1	1	NUM
fsr-3239	342	3	(	(	PUNCT
fsr-3239	342	4	6	6	NUM
fsr-3239	342	5	)	)	PUNCT
fsr-3239	342	6	1	1	NUM
fsr-3239	342	7	.	.	X
fsr-3239	342	8	46	46	NUM
fsr-3239	342	9	%	%	NOUN
fsr-3239	342	10	*	*	PUNCT
fsr-3239	342	11	*	*	PUNCT
fsr-3239	342	12	(	(	PUNCT
fsr-3239	342	13	1	1	NUM
fsr-3239	342	14	0	0	NUM
fsr-3239	342	15	)	)	PUNCT
fsr-3239	342	16	1	1	NUM
fsr-3239	342	17	.	.	X
fsr-3239	342	18	19	19	NUM
fsr-3239	342	19	%	%	NOUN
fsr-3239	342	20	*	*	PUNCT
fsr-3239	342	21	*	*	PUNCT
fsr-3239	342	22	(	(	PUNCT
fsr-3239	342	23	1	1	NUM
fsr-3239	342	24	0	0	NUM
fsr-3239	342	25	)	)	PUNCT
fsr-3239	342	26	12	12	NUM
fsr-3239	342	27	(	(	PUNCT
fsr-3239	342	28	4	4	NUM
fsr-3239	342	29	4	4	NUM
fsr-3239	342	30	)	)	PUNCT
fsr-3239	342	31	fo	fo	ADP
fsr-3239	342	32	ol	ol	ADJ
fsr-3239	342	33	is	be	AUX
fsr-3239	342	34	h	h	NOUN
fsr-3239	342	35	sm	sm	PROPN
fsr-3239	342	36	al	al	PROPN
fsr-3239	342	37	l	l	PROPN
fsr-3239	343	1	c	c	PROPN
fsr-3239	343	2	ap	ap	PROPN
fsr-3239	343	3	8	8	NUM
fsr-3239	343	4	r	r	NOUN
fsr-3239	343	5	ev	ev	X
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fsr-3239	343	7	ed	ed	NOUN
fsr-3239	343	8	pr	pr	NOUN
fsr-3239	343	9	ic	ic	PROPN
fsr-3239	343	10	e	e	PROPN
fsr-3239	343	11	ch	ch	NOUN
fsr-3239	343	12	g	g	PROPN
fsr-3239	343	13	g	g	PROPN
fsr-3239	343	14	0	0	NUM
fsr-3239	343	15	.	.	PUNCT
fsr-3239	344	1	47	47	NUM
fsr-3239	344	2	%	%	NOUN
fsr-3239	344	3	(	(	PUNCT
fsr-3239	344	4	1	1	NUM
fsr-3239	344	5	1	1	NUM
fsr-3239	344	6	)	)	PUNCT
fsr-3239	344	7	0	0	NUM
fsr-3239	344	8	.	.	X
fsr-3239	344	9	79	79	NUM
fsr-3239	344	10	%	%	NOUN
fsr-3239	344	11	(	(	PUNCT
fsr-3239	344	12	1	1	NUM
fsr-3239	344	13	1	1	NUM
fsr-3239	344	14	)	)	PUNCT
fsr-3239	344	15	�	�	PROPN
fsr-3239	344	16	0	0	NUM
fsr-3239	344	17	.	.	X
fsr-3239	344	18	32	32	NUM
fsr-3239	344	19	%	%	NOUN
fsr-3239	344	20	(	(	PUNCT
fsr-3239	344	21	2	2	NUM
fsr-3239	344	22	1	1	NUM
fsr-3239	344	23	)	)	PUNCT
fsr-3239	344	24	0	0	NUM
fsr-3239	344	25	.	.	X
fsr-3239	344	26	04	04	NUM
fsr-3239	344	27	1	1	NUM
fsr-3239	344	28	(	(	PUNCT
fsr-3239	344	29	1	1	NUM
fsr-3239	344	30	5	5	NUM
fsr-3239	344	31	)	)	PUNCT
fsr-3239	344	32	1	1	NUM
fsr-3239	344	33	.	.	X
fsr-3239	344	34	34	34	NUM
fsr-3239	344	35	%	%	NOUN
fsr-3239	344	36	*	*	PUNCT
fsr-3239	344	37	(	(	PUNCT
fsr-3239	344	38	1	1	NUM
fsr-3239	344	39	1	1	NUM
fsr-3239	344	40	)	)	PUNCT
fsr-3239	344	41	1	1	NUM
fsr-3239	344	42	.	.	NOUN
fsr-3239	344	43	03	03	NUM
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fsr-3239	345	2	*	*	PUNCT
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fsr-3239	345	4	1	1	NUM
fsr-3239	345	5	1	1	NUM
fsr-3239	345	6	)	)	PUNCT
fsr-3239	345	7	6	6	NUM
fsr-3239	345	8	(	(	PUNCT
fsr-3239	345	9	5	5	NUM
fsr-3239	345	10	1	1	NUM
fsr-3239	345	11	)	)	PUNCT
fsr-3239	345	12	n	n	NOUN
fsr-3239	345	13	ef	ef	NOUN
fsr-3239	345	14	f	f	PROPN
fsr-3239	345	15	pr	pr	INTJ
fsr-3239	346	1	ic	ic	PROPN
fsr-3239	346	2	e	e	PROPN
fsr-3239	346	3	ch	ch	NOUN
fsr-3239	346	4	g	g	PROPN
fsr-3239	346	5	v	v	ADP
fsr-3239	346	6	0	0	NUM
fsr-3239	346	7	.	.	PUNCT
fsr-3239	347	1	54	54	NUM
fsr-3239	347	2	%	%	NOUN
fsr-3239	347	3	(	(	PUNCT
fsr-3239	347	4	1	1	NUM
fsr-3239	347	5	0	0	NUM
fsr-3239	347	6	)	)	PUNCT
fsr-3239	347	7	0	0	NUM
fsr-3239	347	8	.	.	X
fsr-3239	347	9	89	89	NUM
fsr-3239	347	10	%	%	NOUN
fsr-3239	347	11	*	*	PUNCT
fsr-3239	347	12	*	*	PUNCT
fsr-3239	347	13	(	(	PUNCT
fsr-3239	347	14	9	9	NUM
fsr-3239	347	15	)	)	PUNCT
fsr-3239	347	16	0	0	NUM
fsr-3239	347	17	.	.	X
fsr-3239	347	18	25	25	NUM
fsr-3239	347	19	%	%	NOUN
fsr-3239	347	20	*	*	PUNCT
fsr-3239	347	21	(	(	PUNCT
fsr-3239	347	22	7	7	NUM
fsr-3239	347	23	)	)	PUNCT
fsr-3239	347	24	0	0	NUM
fsr-3239	347	25	.	.	X
fsr-3239	347	26	08	08	NUM
fsr-3239	347	27	7	7	NUM
fsr-3239	347	28	(	(	PUNCT
fsr-3239	347	29	1	1	NUM
fsr-3239	347	30	0	0	NUM
fsr-3239	347	31	)	)	PUNCT
fsr-3239	347	32	1	1	NUM
fsr-3239	347	33	.	.	X
fsr-3239	347	34	28	28	NUM
fsr-3239	347	35	%	%	NOUN
fsr-3239	347	36	*	*	PUNCT
fsr-3239	347	37	*	*	PUNCT
fsr-3239	347	38	(	(	PUNCT
fsr-3239	347	39	1	1	NUM
fsr-3239	347	40	2	2	NUM
fsr-3239	347	41	)	)	PUNCT
fsr-3239	347	42	0	0	NUM
fsr-3239	347	43	.	.	PUNCT
fsr-3239	347	44	86	86	NUM
fsr-3239	347	45	%	%	NOUN
fsr-3239	347	46	*	*	PUNCT
fsr-3239	347	47	*	*	PUNCT
fsr-3239	347	48	(	(	PUNCT
fsr-3239	347	49	1	1	NUM
fsr-3239	347	50	3	3	NUM
fsr-3239	347	51	)	)	PUNCT
fsr-3239	347	52	23	23	NUM
fsr-3239	347	53	(	(	PUNCT
fsr-3239	347	54	3	3	NUM
fsr-3239	347	55	1	1	NUM
fsr-3239	347	56	)	)	PUNCT
fsr-3239	347	57	o	o	NOUN
fsr-3239	347	58	’	'	PUNCT
fsr-3239	347	59	n	n	ADP
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fsr-3239	347	61	l	l	NOUN
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fsr-3239	347	63	s	s	VERB
fsr-3239	347	64	c	c	PROPN
fsr-3239	347	65	a	a	DET
fsr-3239	347	66	n	n	NOUN
fsr-3239	347	67	sl	sl	INTJ
fsr-3239	348	1	i	i	PRON
fsr-3239	348	2	m	m	VERB
fsr-3239	348	3	r	r	NOUN
fsr-3239	348	4	ev	ev	NOUN
fsr-3239	348	5	is	be	AUX
fsr-3239	348	6	ed	ed	NOUN
fsr-3239	348	7	3r	3r	NUM
fsr-3239	348	8	d	d	NOUN
fsr-3239	348	9	e	e	X
fsr-3239	348	10	di	di	X
fsr-3239	348	11	tio	tio	NOUN
fsr-3239	349	1	n	n	PROPN
fsr-3239	349	2	pr	pr	INTJ
fsr-3239	349	3	ic	ic	PROPN
fsr-3239	349	4	e	e	PROPN
fsr-3239	349	5	ch	ch	NOUN
fsr-3239	349	6	g	g	PROPN
fsr-3239	349	7	g	g	PROPN
fsr-3239	349	8	0	0	NUM
fsr-3239	349	9	.	.	PROPN
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fsr-3239	350	2	%	%	NOUN
fsr-3239	350	3	(	(	PUNCT
fsr-3239	350	4	1	1	NUM
fsr-3239	350	5	7	7	NUM
fsr-3239	350	6	)	)	PUNCT
fsr-3239	350	7	0	0	NUM
fsr-3239	350	8	.	.	X
fsr-3239	350	9	43	43	NUM
fsr-3239	350	10	%	%	NOUN
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fsr-3239	350	12	1	1	NUM
fsr-3239	350	13	7	7	NUM
fsr-3239	350	14	)	)	PUNCT
fsr-3239	350	15	�	�	PROPN
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fsr-3239	350	17	.	.	X
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fsr-3239	350	19	%	%	NOUN
fsr-3239	350	20	(	(	PUNCT
fsr-3239	350	21	3	3	NUM
fsr-3239	350	22	1	1	NUM
fsr-3239	350	23	)	)	PUNCT
fsr-3239	350	24	0	0	NUM
fsr-3239	350	25	.	.	PUNCT
fsr-3239	351	1	01	01	NUM
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fsr-3239	351	3	(	(	PUNCT
fsr-3239	351	4	1	1	NUM
fsr-3239	351	5	9	9	NUM
fsr-3239	351	6	)	)	PUNCT
fsr-3239	351	7	1	1	NUM
fsr-3239	351	8	.	.	X
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fsr-3239	351	10	%	%	NOUN
fsr-3239	351	11	*	*	PUNCT
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fsr-3239	351	13	1	1	NUM
fsr-3239	351	14	3	3	NUM
fsr-3239	351	15	)	)	PUNCT
fsr-3239	351	16	0	0	NUM
fsr-3239	351	17	.	.	X
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fsr-3239	352	2	%	%	NOUN
fsr-3239	352	3	*	*	PUNCT
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fsr-3239	352	5	1	1	NUM
fsr-3239	352	6	2	2	NUM
fsr-3239	352	7	)	)	PUNCT
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fsr-3239	352	10	4	4	NUM
fsr-3239	352	11	9	9	NUM
fsr-3239	352	12	)	)	PUNCT
fsr-3239	352	13	o	o	NOUN
fsr-3239	352	14	’s	’s	X
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fsr-3239	352	16	ug	ug	ADP
fsr-3239	352	17	hn	hn	PROPN
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fsr-3239	352	19	sy	sy	PROPN
fsr-3239	352	20	:	:	PUNCT
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fsr-3239	353	4	c	c	NOUN
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fsr-3239	354	6	&	&	CCONJ
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fsr-3239	355	3	e	e	PROPN
fsr-3239	355	4	ch	ch	NOUN
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fsr-3239	355	8	0	0	NUM
fsr-3239	355	9	.	.	NOUN
fsr-3239	355	10	35	35	NUM
fsr-3239	355	11	%	%	NOUN
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fsr-3239	355	13	1	1	NUM
fsr-3239	355	14	3	3	NUM
fsr-3239	355	15	)	)	PUNCT
fsr-3239	355	16	0	0	NUM
fsr-3239	355	17	.	.	X
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fsr-3239	356	2	%	%	NOUN
fsr-3239	356	3	*	*	PUNCT
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fsr-3239	356	5	1	1	NUM
fsr-3239	356	6	4	4	NUM
fsr-3239	356	7	)	)	PUNCT
fsr-3239	356	8	0	0	NUM
fsr-3239	356	9	.	.	X
fsr-3239	356	10	67	67	NUM
fsr-3239	356	11	%	%	NOUN
fsr-3239	356	12	*	*	PUNCT
fsr-3239	356	13	(	(	PUNCT
fsr-3239	356	14	4	4	NUM
fsr-3239	356	15	)	)	PUNCT
fsr-3239	356	16	0	0	NUM
fsr-3239	356	17	.	.	X
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fsr-3239	356	20	(	(	PUNCT
fsr-3239	356	21	1	1	NUM
fsr-3239	356	22	3	3	NUM
fsr-3239	356	23	)	)	PUNCT
fsr-3239	356	24	1	1	NUM
fsr-3239	356	25	.	.	NUM
fsr-3239	356	26	06	06	NUM
fsr-3239	357	1	%	%	NOUN
fsr-3239	357	2	*	*	PUNCT
fsr-3239	358	1	*	*	PUNCT
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fsr-3239	358	3	1	1	NUM
fsr-3239	358	4	4	4	NUM
fsr-3239	358	5	)	)	PUNCT
fsr-3239	358	6	0	0	NUM
fsr-3239	358	7	.	.	X
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fsr-3239	359	2	%	%	NOUN
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fsr-3239	359	5	1	1	NUM
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fsr-3239	359	7	)	)	PUNCT
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fsr-3239	359	10	2	2	NUM
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fsr-3239	359	12	)	)	PUNCT
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fsr-3239	359	29	.	.	PUNCT
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fsr-3239	360	4	1	1	NUM
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fsr-3239	360	6	)	)	PUNCT
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fsr-3239	360	8	.	.	PROPN
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fsr-3239	360	10	%	%	NOUN
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fsr-3239	360	12	1	1	NUM
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fsr-3239	360	14	)	)	PUNCT
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fsr-3239	360	17	.	.	PROPN
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fsr-3239	360	19	%	%	NOUN
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fsr-3239	360	21	1	1	NUM
fsr-3239	360	22	8)	8)	NUM
fsr-3239	360	23	0	0	NUM
fsr-3239	360	24	.	.	PUNCT
fsr-3239	360	25	04	04	NUM
fsr-3239	360	26	5	5	NUM
fsr-3239	360	27	(	(	PUNCT
fsr-3239	360	28	1	1	NUM
fsr-3239	360	29	4	4	NUM
fsr-3239	360	30	)	)	PUNCT
fsr-3239	360	31	1	1	NUM
fsr-3239	360	32	.	.	NOUN
fsr-3239	360	33	03	03	NUM
fsr-3239	361	1	%	%	NOUN
fsr-3239	361	2	*	*	PUNCT
fsr-3239	361	3	(	(	PUNCT
fsr-3239	361	4	1	1	NUM
fsr-3239	361	5	5	5	NUM
fsr-3239	361	6	)	)	PUNCT
fsr-3239	361	7	0	0	NUM
fsr-3239	361	8	.	.	X
fsr-3239	362	1	51	51	NUM
fsr-3239	362	2	%	%	NOUN
fsr-3239	362	3	(	(	PUNCT
fsr-3239	362	4	1	1	NUM
fsr-3239	362	5	8)	8)	NUM
fsr-3239	362	6	30	30	NUM
fsr-3239	362	7	(	(	PUNCT
fsr-3239	362	8	1	1	NUM
fsr-3239	362	9	9	9	NUM
fsr-3239	362	10	)	)	PUNCT
fsr-3239	362	11	g	g	NOUN
fsr-3239	362	12	ra	ra	PROPN
fsr-3239	362	13	ha	ha	INTJ
fsr-3239	362	14	m	m	VERB
fsr-3239	362	15	-d	-d	PRON
fsr-3239	362	16	ef	ef	X
fsr-3239	362	17	en	en	X
fsr-3239	362	18	si	si	X
fsr-3239	362	19	ve	ve	PROPN
fsr-3239	362	20	in	in	ADP
fsr-3239	362	21	ve	ve	PROPN
fsr-3239	362	22	st	st	PROPN
fsr-3239	362	23	or	or	CCONJ
fsr-3239	362	24	(	(	PUNCT
fsr-3239	362	25	n	n	X
fsr-3239	362	26	on	on	ADP
fsr-3239	362	27	u	u	NOUN
fsr-3239	362	28	til	til	PROPN
fsr-3239	362	29	ity	ity	PROPN
fsr-3239	362	30	)	)	PUNCT
fsr-3239	362	31	pr	pr	INTJ
fsr-3239	362	32	ic	ic	PROPN
fsr-3239	362	33	e	e	PROPN
fsr-3239	362	34	ch	ch	NOUN
fsr-3239	362	35	g	g	PROPN
fsr-3239	362	36	v	v	ADP
fsr-3239	362	37	0	0	NUM
fsr-3239	362	38	.	.	PUNCT
fsr-3239	363	1	30	30	NUM
fsr-3239	363	2	%	%	NOUN
fsr-3239	363	3	(	(	PUNCT
fsr-3239	363	4	1	1	NUM
fsr-3239	363	5	5	5	NUM
fsr-3239	363	6	)	)	PUNCT
fsr-3239	363	7	0	0	NUM
fsr-3239	363	8	.	.	X
fsr-3239	363	9	52	52	NUM
fsr-3239	363	10	%	%	NOUN
fsr-3239	363	11	*	*	PUNCT
fsr-3239	363	12	(	(	PUNCT
fsr-3239	363	13	1	1	NUM
fsr-3239	363	14	5	5	NUM
fsr-3239	363	15	)	)	PUNCT
fsr-3239	363	16	0	0	NUM
fsr-3239	363	17	.	.	PROPN
fsr-3239	363	18	35	35	NUM
fsr-3239	363	19	%	%	NOUN
fsr-3239	363	20	*	*	PUNCT
fsr-3239	363	21	(	(	PUNCT
fsr-3239	363	22	6	6	NUM
fsr-3239	363	23	)	)	PUNCT
fsr-3239	363	24	0	0	NUM
fsr-3239	363	25	.	.	X
fsr-3239	363	26	06	06	NUM
fsr-3239	363	27	9	9	NUM
fsr-3239	363	28	(	(	PUNCT
fsr-3239	363	29	1	1	NUM
fsr-3239	363	30	2	2	NUM
fsr-3239	363	31	)	)	PUNCT
fsr-3239	363	32	0	0	NUM
fsr-3239	363	33	.	.	X
fsr-3239	363	34	97	97	NUM
fsr-3239	363	35	%	%	NOUN
fsr-3239	363	36	*	*	PUNCT
fsr-3239	363	37	*	*	PUNCT
fsr-3239	363	38	(	(	PUNCT
fsr-3239	363	39	1	1	NUM
fsr-3239	363	40	6	6	NUM
fsr-3239	363	41	)	)	PUNCT
fsr-3239	363	42	0	0	NUM
fsr-3239	363	43	.	.	X
fsr-3239	363	44	59	59	NUM
fsr-3239	363	45	%	%	NOUN
fsr-3239	363	46	*	*	PUNCT
fsr-3239	363	47	(	(	PUNCT
fsr-3239	363	48	1	1	NUM
fsr-3239	363	49	6	6	NUM
fsr-3239	363	50	)	)	PUNCT
fsr-3239	363	51	20	20	NUM
fsr-3239	363	52	(	(	PUNCT
fsr-3239	363	53	3	3	NUM
fsr-3239	363	54	5	5	NUM
fsr-3239	363	55	)	)	PUNCT
fsr-3239	363	56	p/	p/	NOUN
fsr-3239	363	57	e	e	NOUN
fsr-3239	363	58	r	r	NOUN
fsr-3239	363	59	el	el	PROPN
fsr-3239	363	60	at	at	ADP
fsr-3239	363	61	iv	iv	NUM
fsr-3239	363	62	e	e	NOUN
fsr-3239	363	63	pr	pr	NOUN
fsr-3239	363	64	ic	ic	PROPN
fsr-3239	363	65	e	e	PROPN
fsr-3239	363	66	ch	ch	NOUN
fsr-3239	363	67	g	g	PROPN
fsr-3239	363	68	v	v	ADP
fsr-3239	363	69	0	0	NUM
fsr-3239	363	70	.	.	PUNCT
fsr-3239	363	71	08	08	NUM
fsr-3239	363	72	%	%	NOUN
fsr-3239	363	73	(	(	PUNCT
fsr-3239	363	74	1	1	NUM
fsr-3239	363	75	8)	8)	NUM
fsr-3239	363	76	0	0	NUM
fsr-3239	363	77	.	.	PUNCT
fsr-3239	363	78	14	14	NUM
fsr-3239	363	79	%	%	NOUN
fsr-3239	363	80	(	(	PUNCT
fsr-3239	363	81	2	2	NUM
fsr-3239	363	82	3	3	NUM
fsr-3239	363	83	)	)	PUNCT
fsr-3239	363	84	�	�	PROPN
fsr-3239	363	85	0	0	NUM
fsr-3239	363	86	.	.	PROPN
fsr-3239	363	87	15	15	NUM
fsr-3239	363	88	%	%	NOUN
fsr-3239	363	89	(	(	PUNCT
fsr-3239	363	90	1	1	NUM
fsr-3239	363	91	3	3	NUM
fsr-3239	363	92	)	)	PUNCT
fsr-3239	363	93	0	0	NUM
fsr-3239	363	94	.	.	PUNCT
fsr-3239	363	95	02	02	NUM
fsr-3239	363	96	4	4	NUM
fsr-3239	363	97	(	(	PUNCT
fsr-3239	363	98	1	1	NUM
fsr-3239	363	99	6	6	NUM
fsr-3239	363	100	)	)	PUNCT
fsr-3239	363	101	0	0	NUM
fsr-3239	363	102	.	.	X
fsr-3239	363	103	54	54	NUM
fsr-3239	363	104	%	%	NOUN
fsr-3239	363	105	*	*	PUNCT
fsr-3239	363	106	(	(	PUNCT
fsr-3239	363	107	2	2	NUM
fsr-3239	363	108	3	3	NUM
fsr-3239	363	109	)	)	PUNCT
fsr-3239	363	110	0	0	NUM
fsr-3239	363	111	.	.	X
fsr-3239	363	112	37	37	NUM
fsr-3239	363	113	%	%	NOUN
fsr-3239	363	114	(	(	PUNCT
fsr-3239	363	115	2	2	NUM
fsr-3239	363	116	2	2	NUM
fsr-3239	363	117	)	)	PUNCT
fsr-3239	363	118	33	33	NUM
fsr-3239	363	119	(	(	PUNCT
fsr-3239	363	120	1	1	NUM
fsr-3239	363	121	3	3	NUM
fsr-3239	363	122	)	)	PUNCT
fsr-3239	363	123	b	b	NOUN
fsr-3239	363	124	uf	uf	PROPN
fsr-3239	363	125	fe	fe	X
fsr-3239	363	126	tt	tt	PROPN
fsr-3239	363	127	:	:	PUNCT
fsr-3239	363	128	h	h	PROPN
fsr-3239	363	129	ag	ag	PROPN
fsr-3239	363	130	st	st	PROPN
fsr-3239	363	131	ro	ro	PROPN
fsr-3239	363	132	m	m	PROPN
fsr-3239	363	133	pr	pr	INTJ
fsr-3239	363	134	ic	ic	PROPN
fsr-3239	363	135	e	e	PROPN
fsr-3239	363	136	ch	ch	NOUN
fsr-3239	363	137	g	g	PROPN
fsr-3239	363	138	g	g	PROPN
fsr-3239	363	139	/v	/v	PUNCT
fsr-3239	363	140	0	0	NUM
fsr-3239	363	141	.	.	X
fsr-3239	363	142	46	46	NUM
fsr-3239	363	143	%	%	NOUN
fsr-3239	363	144	(	(	PUNCT
fsr-3239	363	145	1	1	NUM
fsr-3239	363	146	2	2	NUM
fsr-3239	363	147	)	)	PUNCT
fsr-3239	363	148	0	0	NUM
fsr-3239	363	149	.	.	PUNCT
fsr-3239	363	150	48	48	NUM
fsr-3239	363	151	%	%	NOUN
fsr-3239	363	152	*	*	PUNCT
fsr-3239	363	153	*	*	PUNCT
fsr-3239	363	154	(	(	PUNCT
fsr-3239	363	155	1	1	NUM
fsr-3239	363	156	6	6	NUM
fsr-3239	363	157	)	)	PUNCT
fsr-3239	363	158	0	0	NUM
fsr-3239	363	159	.	.	NOUN
fsr-3239	363	160	04	04	NUM
fsr-3239	364	1	%	%	NOUN
fsr-3239	364	2	*	*	PUNCT
fsr-3239	364	3	*	*	PUNCT
fsr-3239	364	4	(	(	PUNCT
fsr-3239	364	5	8	8	NUM
fsr-3239	364	6	)	)	PUNCT
fsr-3239	364	7	0	0	NUM
fsr-3239	364	8	.	.	X
fsr-3239	364	9	09	09	NUM
fsr-3239	364	10	1	1	NUM
fsr-3239	364	11	(	(	PUNCT
fsr-3239	364	12	9	9	NUM
fsr-3239	364	13	)	)	PUNCT
fsr-3239	364	14	0	0	NUM
fsr-3239	364	15	.	.	X
fsr-3239	365	1	49	49	NUM
fsr-3239	365	2	%	%	NOUN
fsr-3239	365	3	*	*	PUNCT
fsr-3239	365	4	*	*	PUNCT
fsr-3239	365	5	(	(	PUNCT
fsr-3239	365	6	2	2	NUM
fsr-3239	365	7	5	5	NUM
fsr-3239	365	8	)	)	PUNCT
fsr-3239	365	9	0	0	NUM
fsr-3239	365	10	.	.	X
fsr-3239	366	1	41	41	NUM
fsr-3239	366	2	%	%	NOUN
fsr-3239	366	3	*	*	PUNCT
fsr-3239	366	4	(	(	PUNCT
fsr-3239	366	5	2	2	NUM
fsr-3239	366	6	1	1	NUM
fsr-3239	366	7	)	)	PUNCT
fsr-3239	366	8	30	30	NUM
fsr-3239	366	9	(	(	PUNCT
fsr-3239	366	10	2	2	NUM
fsr-3239	366	11	1	1	NUM
fsr-3239	366	12	)	)	PUNCT
fsr-3239	366	13	a	a	DET
fsr-3239	366	14	r	r	NOUN
fsr-3239	366	15	an	an	PRON
fsr-3239	366	16	ki	ki	PROPN
fsr-3239	366	17	ng	ng	PROPN
fsr-3239	366	18	s	s	PROPN
fsr-3239	366	19	ar	ar	PROPN
fsr-3239	366	20	e	e	NOUN
fsr-3239	366	21	fo	fo	ADP
fsr-3239	366	22	r	r	PROPN
fsr-3239	366	23	18	18	NUM
fsr-3239	366	24	sc	sc	PROPN
fsr-3239	366	25	re	re	X
fsr-3239	366	26	en	en	X
fsr-3239	366	27	ed	ed	PROPN
fsr-3239	366	28	po	po	PROPN
fsr-3239	367	1	rt	rt	INTJ
fsr-3239	367	2	fo	fo	INTJ
fsr-3239	367	3	lio	lio	PROPN
fsr-3239	367	4	s	s	PROPN
fsr-3239	368	1	w	w	PROPN
fsr-3239	368	2	ith	ith	PROPN
fsr-3239	368	3	st	st	PROPN
fsr-3239	368	4	at	at	ADP
fsr-3239	368	5	is	be	AUX
fsr-3239	368	6	tic	tic	ADJ
fsr-3239	368	7	al	al	PROPN
fsr-3239	368	8	ly	ly	PROPN
fsr-3239	368	9	si	si	PROPN
fsr-3239	368	10	gn	gn	PROPN
fsr-3239	368	11	ifi	ifi	PROPN
fsr-3239	368	12	ca	can	AUX
fsr-3239	368	13	nt	not	PART
fsr-3239	368	14	1f	1f	PROPN
fsr-3239	368	15	m	m	NOUN
fsr-3239	368	16	m	m	VERB
fsr-3239	368	17	�	�	PROPN
fsr-3239	368	18	th	th	X
fsr-3239	368	19	at	at	ADP
fsr-3239	368	20	a	a	DET
fsr-3239	368	21	a	a	DET
fsr-3239	368	22	ii	ii	NOUN
fsr-3239	368	23	fo	fo	INTJ
fsr-3239	368	24	llo	llo	INTJ
fsr-3239	369	1	w	w	PROPN
fsr-3239	369	2	s	s	X
fsr-3239	369	3	ov	ov	INTJ
fsr-3239	369	4	er	er	INTJ
fsr-3239	369	5	th	th	X
fsr-3239	369	6	e	e	X
fsr-3239	369	7	tim	tim	PROPN
fsr-3239	369	8	e	e	PROPN
fsr-3239	369	9	pe	pe	PROPN
fsr-3239	369	10	ri	ri	PROPN
fsr-3239	369	11	od	od	ADV
fsr-3239	369	12	19	19	NUM
fsr-3239	369	13	98	98	NUM
fsr-3239	369	14	–	–	SYM
fsr-3239	369	15	2	2	NUM
fsr-3239	369	16	01	01	NUM
fsr-3239	369	17	1	1	NUM
fsr-3239	369	18	.	.	PUNCT
fsr-3239	370	1	e	e	PROPN
fsr-3239	370	2	ac	ac	PROPN
fsr-3239	370	3	h	h	PROPN
fsr-3239	370	4	va	va	PROPN
fsr-3239	370	5	ri	ri	PROPN
fsr-3239	370	6	ab	ab	PROPN
fsr-3239	370	7	le	le	PROPN
fsr-3239	370	8	is	be	AUX
fsr-3239	370	9	gi	gi	INTJ
fsr-3239	370	10	ve	ve	PROPN
fsr-3239	370	11	n	n	ADV
fsr-3239	370	12	al	al	PROPN
fsr-3239	370	13	on	on	ADP
fsr-3239	370	14	g	g	PROPN
fsr-3239	370	15	w	w	PROPN
fsr-3239	370	16	ith	ith	PROPN
fsr-3239	371	1	ra	ra	PROPN
fsr-3239	371	2	nk	nk	PROPN
fsr-3239	371	3	in	in	ADP
fsr-3239	371	4	g	g	PROPN
fsr-3239	371	5	w	w	PROPN
fsr-3239	371	6	ith	ith	PROPN
fsr-3239	371	7	in	in	ADP
fsr-3239	371	8	ea	ea	PROPN
fsr-3239	371	9	ch	ch	PROPN
fsr-3239	371	10	va	va	PROPN
fsr-3239	371	11	ri	ri	PROPN
fsr-3239	371	12	ab	ab	PROPN
fsr-3239	371	13	le	le	X
fsr-3239	372	1	in	in	ADP
fsr-3239	372	2	pa	pa	PROPN
fsr-3239	372	3	re	re	PROPN
fsr-3239	372	4	nt	not	PART
fsr-3239	372	5	he	he	PRON
fsr-3239	372	6	se	se	PROPN
fsr-3239	372	7	s.	s.	PROPN
fsr-3239	372	8	r	r	PROPN
fsr-3239	372	9	an	an	DET
fsr-3239	372	10	ki	ki	PROPN
fsr-3239	372	11	ng	ng	PROPN
fsr-3239	372	12	s	s	PROPN
fsr-3239	372	13	ar	ar	PROPN
fsr-3239	372	14	e	e	PROPN
fsr-3239	372	15	ba	ba	PROPN
fsr-3239	372	16	se	se	PROPN
fsr-3239	372	17	d	d	PROPN
fsr-3239	372	18	on	on	ADP
fsr-3239	372	19	56	56	NUM
fsr-3239	372	20	sc	sc	PROPN
fsr-3239	372	21	re	re	X
fsr-3239	372	22	en	en	X
fsr-3239	372	23	ed	ed	PROPN
fsr-3239	372	24	po	po	PROPN
fsr-3239	373	1	rt	rt	INTJ
fsr-3239	373	2	fo	fo	INTJ
fsr-3239	373	3	lio	lio	PROPN
fsr-3239	374	1	s.	s.	PROPN
fsr-3239	374	2	t	t	PROPN
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fsr-3239	374	5	4	4	NUM
fsr-3239	374	6	da	da	PROPN
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fsr-3239	374	8	ar	ar	PROPN
fsr-3239	374	9	e	e	PROPN
fsr-3239	374	10	so	so	ADV
fsr-3239	374	11	rt	rt	PROPN
fsr-3239	374	12	ed	ed	PROPN
fsr-3239	375	1	ba	ba	PROPN
fsr-3239	375	2	se	se	PROPN
fsr-3239	376	1	d	d	PROPN
fsr-3239	376	2	on	on	ADP
fsr-3239	376	3	ra	ra	PROPN
fsr-3239	376	4	nk	nk	PROPN
fsr-3239	376	5	in	in	ADP
fsr-3239	376	6	g	g	PROPN
fsr-3239	376	7	of	of	ADP
fsr-3239	376	8	1f	1f	PROPN
fsr-3239	376	9	m	m	VERB
fsr-3239	376	10	m	m	VERB
fsr-3239	376	11	�	�	NOUN
fsr-3239	376	12	.s	.s	NOUN
fsr-3239	376	13	ta	ta	ADP
fsr-3239	376	14	tis	tis	PROPN
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fsr-3239	376	16	al	al	PROPN
fsr-3239	376	17	si	si	PROPN
fsr-3239	376	18	gn	gn	PROPN
fsr-3239	376	19	ifi	ifi	PROPN
fsr-3239	376	20	ca	ca	PROPN
fsr-3239	376	21	nc	nc	PROPN
fsr-3239	376	22	e	e	PROPN
fsr-3239	376	23	of	of	ADP
fsr-3239	376	24	on	on	ADP
fsr-3239	376	25	eta	eta	INTJ
fsr-3239	376	26	ile	ile	PROPN
fsr-3239	377	1	d	d	PROPN
fsr-3239	377	2	te	te	PROPN
fsr-3239	377	3	st	st	PROPN
fsr-3239	377	4	is	be	AUX
fsr-3239	377	5	de	de	ADP
fsr-3239	377	6	no	no	PRON
fsr-3239	377	7	te	te	X
fsr-3239	377	8	d	d	NOUN
fsr-3239	377	9	as	as	ADP
fsr-3239	377	10	*	*	PUNCT
fsr-3239	377	11	fo	fo	ADP
fsr-3239	377	12	r	r	NOUN
fsr-3239	377	13	5	5	NUM
fsr-3239	377	14	%	%	NOUN
fsr-3239	377	15	an	an	DET
fsr-3239	377	16	d	d	NOUN
fsr-3239	377	17	*	*	PUNCT
fsr-3239	377	18	*	*	NOUN
fsr-3239	377	19	fo	fo	ADP
fsr-3239	377	20	r	r	NOUN
fsr-3239	377	21	1	1	NUM
fsr-3239	377	22	%	%	NOUN
fsr-3239	377	23	.a	.a	NOUN
fsr-3239	378	1	ll	ll	AUX
fsr-3239	378	2	st	st	PROPN
fsr-3239	378	3	at	at	ADP
fsr-3239	378	4	is	be	AUX
fsr-3239	378	5	tic	tic	ADJ
fsr-3239	378	6	s	s	NOUN
fsr-3239	378	7	in	in	ADP
fsr-3239	378	8	ta	ta	PROPN
fsr-3239	378	9	bl	bl	PROPN
fsr-3239	378	10	e	e	PROPN
fsr-3239	378	11	in	in	ADP
fsr-3239	378	12	cl	cl	NOUN
fsr-3239	378	13	ud	ud	INTJ
fsr-3239	378	14	e	e	VERB
fsr-3239	378	15	tr	tr	VERB
fsr-3239	378	16	an	an	DET
fsr-3239	378	17	sa	sa	NOUN
fsr-3239	378	18	ct	ct	PROPN
fsr-3239	378	19	io	io	PROPN
fsr-3239	378	20	n	n	PROPN
fsr-3239	378	21	co	co	PROPN
fsr-3239	378	22	st	st	PROPN
fsr-3239	378	23	s	s	PROPN
fsr-3239	378	24	ba	ba	PROPN
fsr-3239	378	25	se	se	PROPN
fsr-3239	379	1	d	d	PROPN
fsr-3239	379	2	on	on	ADP
fsr-3239	379	3	a	a	DET
fsr-3239	379	4	$	$	SYM
fsr-3239	379	5	5	5	NUM
fsr-3239	379	6	0	0	NUM
fsr-3239	379	7	,	,	PUNCT
fsr-3239	379	8	00	00	NUM
fsr-3239	379	9	0	0	NUM
fsr-3239	379	10	in	in	ADP
fsr-3239	379	11	iti	iti	PROPN
fsr-3239	379	12	al	al	PROPN
fsr-3239	379	13	in	in	ADP
fsr-3239	379	14	ve	ve	PROPN
fsr-3239	379	15	st	st	PROPN
fsr-3239	379	16	m	m	PROPN
fsr-3239	379	17	en	en	X
fsr-3239	379	18	t.	t.	PROPN
fsr-3239	379	19	b	b	PROPN
fsr-3239	379	20	v	v	PROPN
fsr-3239	379	21	ar	ar	PROPN
fsr-3239	379	22	ia	ia	PROPN
fsr-3239	379	23	bl	bl	PROPN
fsr-3239	379	24	es	es	PROPN
fsr-3239	379	25	ar	ar	PROPN
fsr-3239	379	26	e	e	PROPN
fsr-3239	379	27	de	de	X
fsr-3239	379	28	fin	fin	PROPN
fsr-3239	379	29	ed	ed	NOUN
fsr-3239	379	30	as	as	ADP
fsr-3239	379	31	:	:	PUNCT
fsr-3239	379	32	g	g	PROPN
fsr-3239	379	33	m	m	VERB
fsr-3239	379	34	m	m	VERB
fsr-3239	379	35	r	r	NOUN
fsr-3239	379	36	is	be	AUX
fsr-3239	379	37	ge	ge	PROPN
fsr-3239	379	38	om	om	PROPN
fsr-3239	379	39	et	et	PROPN
fsr-3239	379	40	ri	ri	PROPN
fsr-3239	380	1	c	c	NOUN
fsr-3239	380	2	m	m	VERB
fsr-3239	380	3	ea	ea	PROPN
fsr-3239	380	4	n	n	ADV
fsr-3239	380	5	m	m	VERB
fsr-3239	380	6	on	on	ADP
fsr-3239	380	7	th	th	INTJ
fsr-3239	380	8	ly	ly	X
fsr-3239	380	9	re	re	ADP
fsr-3239	380	10	tu	tu	PROPN
fsr-3239	380	11	rn	rn	PROPN
fsr-3239	380	12	,	,	PUNCT
fsr-3239	380	13	b	b	PROPN
fsr-3239	380	14	fi	fi	NOUN
fsr-3239	380	15	is	be	AUX
fsr-3239	380	16	be	be	AUX
fsr-3239	380	17	st	st	NOUN
fsr-3239	380	18	fit	fit	ADJ
fsr-3239	380	19	in	in	ADP
fsr-3239	380	20	th	th	NUM
fsr-3239	380	21	e	e	X
fsr-3239	380	22	ta	ta	X
fsr-3239	380	23	bl	bl	PROPN
fsr-3239	380	24	e	e	PROPN
fsr-3239	380	25	in	in	ADP
fsr-3239	380	26	de	de	X
fsr-3239	380	27	x	x	VERB
fsr-3239	380	28	fo	fo	INTJ
fsr-3239	380	29	r	r	NOUN
fsr-3239	380	30	gi	gi	NOUN
fsr-3239	380	31	ve	ve	NOUN
fsr-3239	380	32	n	n	ADP
fsr-3239	380	33	fu	fu	NOUN
fsr-3239	380	34	nd	nd	INTJ
fsr-3239	380	35	,	,	PUNCT
fsr-3239	380	36	a	a	DET
fsr-3239	380	37	m	m	NOUN
fsr-3239	380	38	m	m	VERB
fsr-3239	380	39	r	r	NOUN
fsr-3239	380	40	is	be	AUX
fsr-3239	380	41	m	m	PROPN
fsr-3239	380	42	ea	ea	NOUN
fsr-3239	381	1	n	n	ADV
fsr-3239	381	2	m	m	VERB
fsr-3239	381	3	on	on	ADP
fsr-3239	381	4	th	th	INTJ
fsr-3239	381	5	ly	ly	X
fsr-3239	381	6	re	re	ADP
fsr-3239	381	7	tu	tu	PROPN
fsr-3239	381	8	rn	rn	PROPN
fsr-3239	381	9	,	,	PUNCT
fsr-3239	381	10	m	m	VERB
fsr-3239	381	11	d	d	NOUN
fsr-3239	381	12	m	m	VERB
fsr-3239	381	13	r	r	NOUN
fsr-3239	381	14	is	be	AUX
fsr-3239	381	15	m	m	PROPN
fsr-3239	381	16	ed	ed	PROPN
fsr-3239	381	17	ia	ia	PROPN
fsr-3239	381	18	n	n	ADV
fsr-3239	381	19	m	m	VERB
fsr-3239	381	20	on	on	ADP
fsr-3239	381	21	th	th	INTJ
fsr-3239	381	22	ly	ly	X
fsr-3239	381	23	re	re	ADP
fsr-3239	381	24	tu	tu	PROPN
fsr-3239	381	25	rn	rn	PROPN
fsr-3239	382	1	,	,	PUNCT
fsr-3239	382	2	s	s	PART
fsr-3239	382	3	ha	ha	INTJ
fsr-3239	382	4	rp	rp	PROPN
fsr-3239	382	5	e	e	PROPN
fsr-3239	382	6	is	be	AUX
fsr-3239	382	7	sh	sh	PROPN
fsr-3239	382	8	ar	ar	PROPN
fsr-3239	382	9	pe	pe	PROPN
fsr-3239	382	10	ra	ra	PROPN
fsr-3239	382	11	tio	tio	NOUN
fsr-3239	382	12	,	,	PUNCT
fsr-3239	382	13	1	1	NUM
fsr-3239	382	14	fm	fm	NOUN
fsr-3239	382	15	m	m	PROPN
fsr-3239	382	16	�	�	PROPN
fsr-3239	382	17	is	be	AUX
fsr-3239	382	18	th	th	X
fsr-3239	382	19	e	e	NOUN
fsr-3239	382	20	1fa	1fa	ADJ
fsr-3239	382	21	ct	ct	PROPN
fsr-3239	382	22	or	or	CCONJ
fsr-3239	382	23	m	m	PROPN
fsr-3239	382	24	ar	ar	PROPN
fsr-3239	382	25	ke	ke	PROPN
fsr-3239	382	26	tm	tm	PROPN
fsr-3239	382	27	od	od	PROPN
fsr-3239	382	28	el	el	PROPN
fsr-3239	382	29	m	m	PROPN
fsr-3239	382	30	on	on	ADP
fsr-3239	382	31	th	th	INTJ
fsr-3239	382	32	ly	ly	ADP
fsr-3239	382	33	�	�	PROPN
fsr-3239	382	34	,	,	PUNCT
fsr-3239	382	35	3	3	NUM
fsr-3239	382	36	fm	fm	NOUN
fsr-3239	382	37	m	m	PROPN
fsr-3239	382	38	�	�	PROPN
fsr-3239	382	39	is	be	AUX
fsr-3239	382	40	th	th	X
fsr-3239	382	41	e	e	NOUN
fsr-3239	382	42	3fa	3fa	ADJ
fsr-3239	382	43	ct	ct	PROPN
fsr-3239	382	44	or	or	CCONJ
fsr-3239	382	45	m	m	PROPN
fsr-3239	382	46	ar	ar	PROPN
fsr-3239	382	47	ke	ke	PROPN
fsr-3239	382	48	tm	tm	PROPN
fsr-3239	382	49	od	od	PROPN
fsr-3239	382	50	el	el	PROPN
fsr-3239	382	51	m	m	PROPN
fsr-3239	382	52	on	on	ADP
fsr-3239	382	53	th	th	INTJ
fsr-3239	382	54	ly	ly	ADP
fsr-3239	382	55	�	�	PROPN
fsr-3239	382	56	,	,	PUNCT
fsr-3239	382	57	an	an	DET
fsr-3239	382	58	d	d	X
fsr-3239	382	59	av	av	PROPN
fsr-3239	382	60	er	er	INTJ
fsr-3239	382	61	ag	ag	PROPN
fsr-3239	382	62	e	e	PROPN
fsr-3239	382	63	st	st	PROPN
fsr-3239	382	64	oc	oc	PROPN
fsr-3239	382	65	ks	ks	PROPN
fsr-3239	382	66	he	he	PRON
fsr-3239	382	67	ld	ld	PROPN
fsr-3239	382	68	is	be	AUX
fsr-3239	382	69	av	av	PROPN
fsr-3239	382	70	er	er	INTJ
fsr-3239	382	71	ag	ag	PROPN
fsr-3239	382	72	e	e	PROPN
fsr-3239	382	73	nu	nu	AUX
fsr-3239	382	74	m	m	VERB
fsr-3239	382	75	be	be	VERB
fsr-3239	382	76	r	r	NOUN
fsr-3239	382	77	of	of	ADP
fsr-3239	382	78	st	st	PROPN
fsr-3239	382	79	oc	oc	PROPN
fsr-3239	382	80	ks	ks	PROPN
fsr-3239	383	1	he	he	PRON
fsr-3239	383	2	ld	ld	INTJ
fsr-3239	383	3	ov	ov	INTJ
fsr-3239	383	4	er	er	INTJ
fsr-3239	383	5	en	en	X
fsr-3239	383	6	tir	tir	X
fsr-3239	383	7	e	e	PROPN
fsr-3239	383	8	sa	sa	PROPN
fsr-3239	383	9	m	m	PROPN
fsr-3239	383	10	pl	pl	PROPN
fsr-3239	383	11	e	e	X
fsr-3239	383	12	tim	tim	PROPN
fsr-3239	383	13	e	e	NOUN
fsr-3239	383	14	pe	pe	PROPN
fsr-3239	383	15	ri	ri	PROPN
fsr-3239	383	16	od	od	INTJ
fsr-3239	383	17	.	.	PUNCT
fsr-3239	384	1	fo	fo	INTJ
fsr-3239	384	2	r	r	NOUN
fsr-3239	384	3	g	g	PROPN
fsr-3239	384	4	ro	ro	X
fsr-3239	384	5	up	up	ADP
fsr-3239	384	6	de	de	X
fsr-3239	384	7	si	si	X
fsr-3239	384	8	gn	gn	PROPN
fsr-3239	384	9	at	at	ADP
fsr-3239	384	10	io	io	PROPN
fsr-3239	384	11	n	n	DET
fsr-3239	384	12	g	g	NOUN
fsr-3239	384	13	is	be	AUX
fsr-3239	384	14	fo	fo	ADP
fsr-3239	384	15	r	r	NOUN
fsr-3239	384	16	g	g	PROPN
fsr-3239	384	17	ro	ro	PROPN
fsr-3239	384	18	w	w	X
fsr-3239	384	19	th	th	X
fsr-3239	384	20	,	,	PUNCT
fsr-3239	384	21	v	v	ADP
fsr-3239	384	22	fo	fo	ADP
fsr-3239	384	23	r	r	NOUN
fsr-3239	384	24	v	v	PROPN
fsr-3239	384	25	al	al	PROPN
fsr-3239	384	26	ue	ue	PROPN
fsr-3239	384	27	,	,	PUNCT
fsr-3239	384	28	s	s	PART
fsr-3239	384	29	fo	fo	ADP
fsr-3239	384	30	r	r	NOUN
fsr-3239	384	31	sp	sp	ADP
fsr-3239	384	32	ec	ec	PROPN
fsr-3239	384	33	ia	ia	PROPN
fsr-3239	384	34	l.	l.	PROPN
fsr-3239	384	35	170	170	NUM
fsr-3239	384	36	d.s	d.s	PROPN
fsr-3239	384	37	.	.	PROPN
fsr-3239	384	38	north	north	PROPN
fsr-3239	384	39	,	,	PUNCT
fsr-3239	384	40	j.l	j.l	PROPN
fsr-3239	384	41	.	.	PROPN
fsr-3239	384	42	stevens	stevens	PROPN
fsr-3239	384	43	/	/	SYM
fsr-3239	384	44	financial	financial	ADJ
fsr-3239	384	45	services	service	NOUN
fsr-3239	384	46	review	review	VERB
fsr-3239	384	47	24	24	NUM
fsr-3239	384	48	(	(	PUNCT
fsr-3239	384	49	2015	2015	NUM
fsr-3239	384	50	)	)	PUNCT
fsr-3239	385	1	157–176	157–176	NUM
fsr-3239	385	2	portfolios	portfolio	NOUN
fsr-3239	385	3	demonstrate	demonstrate	VERB
fsr-3239	385	4	excess	excess	ADJ
fsr-3239	385	5	risk	risk	NOUN
fsr-3239	385	6	-	-	PUNCT
fsr-3239	385	7	adjusted	adjust	VERB
fsr-3239	385	8	returns	return	NOUN
fsr-3239	385	9	beyond	beyond	ADP
fsr-3239	385	10	what	what	DET
fsr-3239	385	11	chance	chance	NOUN
fsr-3239	385	12	would	would	AUX
fsr-3239	385	13	predict	predict	VERB
fsr-3239	385	14	,	,	PUNCT
fsr-3239	385	15	supporting	support	VERB
fsr-3239	385	16	the	the	DET
fsr-3239	385	17	argument	argument	NOUN
fsr-3239	385	18	that	that	SCONJ
fsr-3239	385	19	there	there	PRON
fsr-3239	385	20	are	be	VERB
fsr-3239	385	21	aaii	aaii	NOUN
fsr-3239	385	22	screens	screen	NOUN
fsr-3239	385	23	that	that	PRON
fsr-3239	385	24	exploit	exploit	VERB
fsr-3239	385	25	pricing	pricing	NOUN
fsr-3239	385	26	inefficiencies	inefficiency	NOUN
fsr-3239	385	27	.	.	PUNCT
fsr-3239	386	1	7	7	X
fsr-3239	386	2	.	.	X
fsr-3239	386	3	top	top	ADJ
fsr-3239	386	4	aaii	aaii	NOUN
fsr-3239	386	5	portfolio	portfolio	NOUN
fsr-3239	386	6	strategies	strategy	NOUN
fsr-3239	386	7	the	the	DET
fsr-3239	386	8	analysis	analysis	NOUN
fsr-3239	386	9	up	up	ADP
fsr-3239	386	10	to	to	ADP
fsr-3239	386	11	this	this	DET
fsr-3239	386	12	point	point	NOUN
fsr-3239	386	13	focused	focus	VERB
fsr-3239	386	14	on	on	ADP
fsr-3239	386	15	the	the	DET
fsr-3239	386	16	overall	overall	ADJ
fsr-3239	386	17	performance	performance	NOUN
fsr-3239	386	18	of	of	ADP
fsr-3239	386	19	aaii	aaii	NOUN
fsr-3239	386	20	portfolio	portfolio	NOUN
fsr-3239	386	21	strategies	strategy	NOUN
fsr-3239	386	22	.	.	PUNCT
fsr-3239	387	1	we	we	PRON
fsr-3239	387	2	now	now	ADV
fsr-3239	387	3	analyze	analyze	VERB
fsr-3239	387	4	the	the	DET
fsr-3239	387	5	performance	performance	NOUN
fsr-3239	387	6	of	of	ADP
fsr-3239	387	7	specific	specific	ADJ
fsr-3239	387	8	strategies	strategy	NOUN
fsr-3239	387	9	with	with	ADP
fsr-3239	387	10	higher	high	ADJ
fsr-3239	387	11	performance	performance	NOUN
fsr-3239	387	12	rankings	ranking	NOUN
fsr-3239	387	13	.	.	PUNCT
fsr-3239	388	1	we	we	PRON
fsr-3239	388	2	first	first	ADV
fsr-3239	388	3	ranked	rank	VERB
fsr-3239	388	4	all	all	DET
fsr-3239	388	5	portfolios	portfolio	NOUN
fsr-3239	388	6	from	from	ADP
fsr-3239	388	7	best	well	ADV
fsr-3239	388	8	(	(	PUNCT
fsr-3239	388	9	1	1	NUM
fsr-3239	388	10	)	)	PUNCT
fsr-3239	388	11	to	to	PART
fsr-3239	388	12	worst	worst	ADV
fsr-3239	388	13	(	(	PUNCT
fsr-3239	388	14	56	56	NUM
fsr-3239	388	15	)	)	PUNCT
fsr-3239	388	16	for	for	ADP
fsr-3239	388	17	each	each	PRON
fsr-3239	388	18	of	of	ADP
fsr-3239	388	19	the	the	DET
fsr-3239	388	20	six	six	NUM
fsr-3239	388	21	different	different	ADJ
fsr-3239	388	22	performance	performance	NOUN
fsr-3239	388	23	measures	measure	NOUN
fsr-3239	388	24	and	and	CCONJ
fsr-3239	388	25	for	for	ADP
fsr-3239	388	26	the	the	DET
fsr-3239	388	27	average	average	ADJ
fsr-3239	388	28	number	number	NOUN
fsr-3239	388	29	of	of	ADP
fsr-3239	388	30	stocks	stock	NOUN
fsr-3239	388	31	held	hold	VERB
fsr-3239	388	32	in	in	ADP
fsr-3239	388	33	the	the	DET
fsr-3239	388	34	portfolio	portfolio	NOUN
fsr-3239	388	35	over	over	ADP
fsr-3239	388	36	our	our	PRON
fsr-3239	388	37	period	period	NOUN
fsr-3239	388	38	of	of	ADP
fsr-3239	388	39	study	study	NOUN
fsr-3239	388	40	.	.	PUNCT
fsr-3239	389	1	table	table	NOUN
fsr-3239	389	2	4	4	NUM
fsr-3239	389	3	presents	present	VERB
fsr-3239	389	4	the	the	DET
fsr-3239	389	5	ranking	ranking	ADJ
fsr-3239	389	6	comparisons	comparison	NOUN
fsr-3239	389	7	when	when	SCONJ
fsr-3239	389	8	returns	return	NOUN
fsr-3239	389	9	are	be	AUX
fsr-3239	389	10	adjusted	adjust	VERB
fsr-3239	389	11	for	for	ADP
fsr-3239	389	12	transaction	transaction	NOUN
fsr-3239	389	13	costs	cost	NOUN
fsr-3239	389	14	given	give	VERB
fsr-3239	389	15	a	a	DET
fsr-3239	389	16	$	$	SYM
fsr-3239	389	17	50,000	50,000	NUM
fsr-3239	389	18	initial	initial	ADJ
fsr-3239	389	19	investment	investment	NOUN
fsr-3239	389	20	.	.	PUNCT
fsr-3239	390	1	portfolios	portfolio	NOUN
fsr-3239	390	2	are	be	AUX
fsr-3239	390	3	presented	present	VERB
fsr-3239	390	4	in	in	ADP
fsr-3239	390	5	the	the	DET
fsr-3239	390	6	rank	rank	NOUN
fsr-3239	390	7	order	order	NOUN
fsr-3239	390	8	of	of	ADP
fsr-3239	390	9	statistically	statistically	ADV
fsr-3239	390	10	significant	significant	ADJ
fsr-3239	390	11	1fmm	1fmm	NUM
fsr-3239	390	12	�	�	NOUN
fsr-3239	390	13	s	s	PART
fsr-3239	390	14	using	use	VERB
fsr-3239	390	15	a	a	DET
fsr-3239	390	16	5	5	NUM
fsr-3239	390	17	%	%	NOUN
fsr-3239	390	18	significance	significance	NOUN
fsr-3239	390	19	cutoff	cutoff	NOUN
fsr-3239	390	20	.	.	PUNCT
fsr-3239	391	1	we	we	PRON
fsr-3239	391	2	chose	choose	VERB
fsr-3239	391	3	the	the	DET
fsr-3239	391	4	1fmm	1fmm	PROPN
fsr-3239	391	5	�	�	PROPN
fsr-3239	391	6	as	as	ADP
fsr-3239	391	7	the	the	DET
fsr-3239	391	8	base	base	NOUN
fsr-3239	391	9	for	for	ADP
fsr-3239	391	10	ranking	ranking	ADJ
fsr-3239	391	11	comparisons	comparison	NOUN
fsr-3239	391	12	since	since	SCONJ
fsr-3239	391	13	it	it	PRON
fsr-3239	391	14	represents	represent	VERB
fsr-3239	391	15	the	the	DET
fsr-3239	391	16	starting	starting	NOUN
fsr-3239	391	17	point	point	NOUN
fsr-3239	391	18	for	for	ADP
fsr-3239	391	19	our	our	PRON
fsr-3239	391	20	extension	extension	NOUN
fsr-3239	391	21	of	of	ADP
fsr-3239	391	22	performance	performance	NOUN
fsr-3239	391	23	measures	measure	NOUN
fsr-3239	391	24	beyond	beyond	ADP
fsr-3239	391	25	s&c	s&c	PROPN
fsr-3239	391	26	’s	’s	PART
fsr-3239	391	27	study	study	NOUN
fsr-3239	391	28	.	.	PUNCT
fsr-3239	392	1	the	the	DET
fsr-3239	392	2	portfolio	portfolio	NOUN
fsr-3239	392	3	’s	’s	PART
fsr-3239	392	4	rank	rank	NOUN
fsr-3239	392	5	order	order	NOUN
fsr-3239	392	6	for	for	ADP
fsr-3239	392	7	each	each	DET
fsr-3239	392	8	performance	performance	NOUN
fsr-3239	392	9	measure	measure	NOUN
fsr-3239	392	10	is	be	AUX
fsr-3239	392	11	in	in	ADP
fsr-3239	392	12	parentheses	parenthesis	NOUN
fsr-3239	392	13	,	,	PUNCT
fsr-3239	392	14	allowing	allow	VERB
fsr-3239	392	15	a	a	DET
fsr-3239	392	16	comparison	comparison	NOUN
fsr-3239	392	17	of	of	ADP
fsr-3239	392	18	rankings	ranking	NOUN
fsr-3239	392	19	across	across	ADP
fsr-3239	392	20	different	different	ADJ
fsr-3239	392	21	performance	performance	NOUN
fsr-3239	392	22	measures	measure	NOUN
fsr-3239	392	23	for	for	ADP
fsr-3239	392	24	each	each	DET
fsr-3239	392	25	portfolio	portfolio	NOUN
fsr-3239	392	26	strategy	strategy	NOUN
fsr-3239	392	27	.	.	PUNCT
fsr-3239	393	1	the	the	DET
fsr-3239	393	2	18	18	NUM
fsr-3239	393	3	screened	screen	VERB
fsr-3239	393	4	portfolios	portfolio	NOUN
fsr-3239	393	5	in	in	ADP
fsr-3239	393	6	table	table	NOUN
fsr-3239	393	7	4	4	NUM
fsr-3239	393	8	represent	represent	VERB
fsr-3239	393	9	the	the	DET
fsr-3239	393	10	aaii	aaii	NOUN
fsr-3239	393	11	strategies	strategy	NOUN
fsr-3239	393	12	that	that	PRON
fsr-3239	393	13	had	have	AUX
fsr-3239	393	14	statistically	statistically	ADV
fsr-3239	393	15	significant	significant	ADJ
fsr-3239	393	16	1fmm	1fmm	NUM
fsr-3239	393	17	�	�	NOUN
fsr-3239	393	18	s	s	PART
fsr-3239	393	19	over	over	ADP
fsr-3239	393	20	the	the	DET
fsr-3239	393	21	1998	1998	NUM
fsr-3239	393	22	through	through	ADP
fsr-3239	393	23	2011	2011	NUM
fsr-3239	393	24	period	period	NOUN
fsr-3239	393	25	.	.	PUNCT
fsr-3239	394	1	the	the	DET
fsr-3239	394	2	18	18	NUM
fsr-3239	394	3	portfolios	portfolio	NOUN
fsr-3239	394	4	represent	represent	VERB
fsr-3239	394	5	about	about	ADV
fsr-3239	394	6	32	32	NUM
fsr-3239	394	7	%	%	NOUN
fsr-3239	394	8	of	of	ADP
fsr-3239	394	9	the	the	DET
fsr-3239	394	10	portfolios	portfolio	NOUN
fsr-3239	394	11	in	in	ADP
fsr-3239	394	12	this	this	DET
fsr-3239	394	13	study	study	NOUN
fsr-3239	394	14	,	,	PUNCT
fsr-3239	394	15	which	which	PRON
fsr-3239	394	16	is	be	AUX
fsr-3239	394	17	well	well	ADV
fsr-3239	394	18	above	above	ADP
fsr-3239	394	19	the	the	DET
fsr-3239	394	20	5	5	NUM
fsr-3239	394	21	%	%	NOUN
fsr-3239	394	22	that	that	PRON
fsr-3239	394	23	we	we	PRON
fsr-3239	394	24	would	would	AUX
fsr-3239	394	25	expect	expect	VERB
fsr-3239	394	26	to	to	PART
fsr-3239	394	27	be	be	AUX
fsr-3239	394	28	significant	significant	ADJ
fsr-3239	394	29	by	by	ADP
fsr-3239	394	30	chance	chance	NOUN
fsr-3239	394	31	given	give	VERB
fsr-3239	394	32	the	the	DET
fsr-3239	394	33	5	5	NUM
fsr-3239	394	34	%	%	NOUN
fsr-3239	394	35	level	level	NOUN
fsr-3239	394	36	of	of	ADP
fsr-3239	394	37	significance	significance	NOUN
fsr-3239	394	38	.	.	PUNCT
fsr-3239	395	1	a	a	DET
fsr-3239	395	2	few	few	ADJ
fsr-3239	395	3	of	of	ADP
fsr-3239	395	4	the	the	DET
fsr-3239	395	5	top	top	ADJ
fsr-3239	395	6	18	18	NUM
fsr-3239	395	7	portfolios	portfolio	NOUN
fsr-3239	395	8	ranked	rank	VERB
fsr-3239	395	9	by	by	ADP
fsr-3239	395	10	the	the	DET
fsr-3239	395	11	1fmm	1fmm	PROPN
fsr-3239	395	12	�	�	PROPN
fsr-3239	395	13	were	be	AUX
fsr-3239	395	14	not	not	PART
fsr-3239	395	15	statistically	statistically	ADV
fsr-3239	395	16	significant	significant	ADJ
fsr-3239	395	17	and	and	CCONJ
fsr-3239	395	18	were	be	AUX
fsr-3239	395	19	replaced	replace	VERB
fsr-3239	395	20	by	by	ADP
fsr-3239	395	21	the	the	DET
fsr-3239	395	22	next	next	ADJ
fsr-3239	395	23	highest	high	ADJ
fsr-3239	395	24	ranked	rank	VERB
fsr-3239	395	25	portfolio	portfolio	NOUN
fsr-3239	395	26	that	that	PRON
fsr-3239	395	27	was	be	AUX
fsr-3239	395	28	statistically	statistically	ADV
fsr-3239	395	29	significant	significant	ADJ
fsr-3239	395	30	.	.	PUNCT
fsr-3239	396	1	only	only	ADV
fsr-3239	396	2	the	the	DET
fsr-3239	396	3	last	last	ADJ
fsr-3239	396	4	two	two	NUM
fsr-3239	396	5	portfolios	portfolio	NOUN
fsr-3239	396	6	had	have	VERB
fsr-3239	396	7	statistically	statistically	ADV
fsr-3239	396	8	significant	significant	ADJ
fsr-3239	396	9	�	�	NOUN
fsr-3239	396	10	s	s	NOUN
fsr-3239	396	11	without	without	ADP
fsr-3239	396	12	being	be	AUX
fsr-3239	396	13	in	in	ADP
fsr-3239	396	14	the	the	DET
fsr-3239	396	15	top	top	ADJ
fsr-3239	396	16	18	18	NUM
fsr-3239	396	17	based	base	VERB
fsr-3239	396	18	on	on	ADP
fsr-3239	396	19	the	the	DET
fsr-3239	396	20	size	size	NOUN
fsr-3239	396	21	of	of	ADP
fsr-3239	396	22	�	�	PROPN
fsr-3239	396	23	.	.	PUNCT
fsr-3239	397	1	the	the	DET
fsr-3239	397	2	1fmm	1fmm	PROPN
fsr-3239	397	3	�	�	PROPN
fsr-3239	397	4	s	s	PART
fsr-3239	397	5	in	in	ADP
fsr-3239	397	6	table	table	NOUN
fsr-3239	397	7	4	4	NUM
fsr-3239	397	8	are	be	AUX
fsr-3239	397	9	not	not	PART
fsr-3239	397	10	only	only	ADV
fsr-3239	397	11	statistically	statistically	ADV
fsr-3239	397	12	significant	significant	ADJ
fsr-3239	397	13	but	but	CCONJ
fsr-3239	397	14	are	be	AUX
fsr-3239	397	15	materially	materially	ADV
fsr-3239	397	16	attractive	attractive	ADJ
fsr-3239	397	17	ranging	range	VERB
fsr-3239	397	18	from	from	ADP
fsr-3239	397	19	271	271	NUM
fsr-3239	397	20	basis	basis	NOUN
fsr-3239	397	21	points	point	NOUN
fsr-3239	397	22	to	to	ADP
fsr-3239	397	23	54	54	NUM
fsr-3239	397	24	basis	basis	NOUN
fsr-3239	397	25	points	point	NOUN
fsr-3239	397	26	.	.	PUNCT
fsr-3239	398	1	an	an	DET
fsr-3239	398	2	important	important	ADJ
fsr-3239	398	3	first	first	ADJ
fsr-3239	398	4	observation	observation	NOUN
fsr-3239	398	5	from	from	ADP
fsr-3239	398	6	table	table	NOUN
fsr-3239	398	7	4	4	NUM
fsr-3239	398	8	is	be	AUX
fsr-3239	398	9	that	that	SCONJ
fsr-3239	398	10	the	the	DET
fsr-3239	398	11	(	(	PUNCT
fsr-3239	398	12	3fmm	3fmm	NUM
fsr-3239	398	13	)	)	PUNCT
fsr-3239	398	14	�	�	PROPN
fsr-3239	398	15	s	s	PART
fsr-3239	398	16	and	and	CCONJ
fsr-3239	398	17	(	(	PUNCT
fsr-3239	398	18	1fmm	1fmm	NOUN
fsr-3239	398	19	)	)	PUNCT
fsr-3239	398	20	�	�	PROPN
fsr-3239	398	21	s	s	PART
fsr-3239	398	22	have	have	VERB
fsr-3239	398	23	very	very	ADV
fsr-3239	398	24	similar	similar	ADJ
fsr-3239	398	25	rankings	ranking	NOUN
fsr-3239	398	26	.	.	PUNCT
fsr-3239	399	1	there	there	PRON
fsr-3239	399	2	is	be	VERB
fsr-3239	399	3	also	also	ADV
fsr-3239	399	4	consistency	consistency	NOUN
fsr-3239	399	5	in	in	ADP
fsr-3239	399	6	statistical	statistical	ADJ
fsr-3239	399	7	significance	significance	NOUN
fsr-3239	399	8	with	with	ADP
fsr-3239	399	9	all	all	PRON
fsr-3239	399	10	but	but	SCONJ
fsr-3239	399	11	two	two	NUM
fsr-3239	399	12	of	of	ADP
fsr-3239	399	13	the	the	DET
fsr-3239	399	14	3fmm	3fmm	PROPN
fsr-3239	399	15	portfolio	portfolio	NOUN
fsr-3239	399	16	�	�	PROPN
fsr-3239	399	17	s	s	PART
fsr-3239	399	18	achieving	achieve	VERB
fsr-3239	399	19	at	at	ADV
fsr-3239	399	20	least	least	ADV
fsr-3239	399	21	5	5	NUM
fsr-3239	399	22	%	%	NOUN
fsr-3239	399	23	statistical	statistical	ADJ
fsr-3239	399	24	significance	significance	NOUN
fsr-3239	399	25	.	.	PUNCT
fsr-3239	400	1	even	even	ADV
fsr-3239	400	2	after	after	ADP
fsr-3239	400	3	accounting	account	VERB
fsr-3239	400	4	for	for	ADP
fsr-3239	400	5	the	the	DET
fsr-3239	400	6	added	add	VERB
fsr-3239	400	7	risk	risk	NOUN
fsr-3239	400	8	factors	factor	NOUN
fsr-3239	400	9	advocated	advocate	VERB
fsr-3239	400	10	by	by	ADP
fsr-3239	400	11	efficient	efficient	ADJ
fsr-3239	400	12	market	market	NOUN
fsr-3239	400	13	theorists	theorist	NOUN
fsr-3239	400	14	,	,	PUNCT
fsr-3239	400	15	over	over	ADP
fsr-3239	400	16	28	28	NUM
fsr-3239	400	17	%	%	NOUN
fsr-3239	400	18	(	(	PUNCT
fsr-3239	400	19	16/56	16/56	NUM
fsr-3239	400	20	)	)	PUNCT
fsr-3239	400	21	of	of	ADP
fsr-3239	400	22	the	the	DET
fsr-3239	400	23	aaii	aaii	NOUN
fsr-3239	400	24	portfolios	portfolio	NOUN
fsr-3239	400	25	achieved	achieve	VERB
fsr-3239	400	26	statistically	statistically	ADV
fsr-3239	400	27	significant	significant	ADJ
fsr-3239	400	28	�	�	NOUN
fsr-3239	400	29	s	s	PART
fsr-3239	400	30	given	give	VERB
fsr-3239	400	31	transaction	transaction	NOUN
fsr-3239	400	32	costs	cost	NOUN
fsr-3239	400	33	with	with	ADP
fsr-3239	400	34	a	a	DET
fsr-3239	400	35	$	$	SYM
fsr-3239	400	36	50,000	50,000	NUM
fsr-3239	400	37	initial	initial	ADJ
fsr-3239	400	38	investment	investment	NOUN
fsr-3239	400	39	.	.	PUNCT
fsr-3239	401	1	statistically	statistically	ADV
fsr-3239	401	2	significant	significant	ADJ
fsr-3239	401	3	�	�	PROPN
fsr-3239	401	4	s	s	NOUN
fsr-3239	401	5	from	from	ADP
fsr-3239	401	6	the	the	DET
fsr-3239	401	7	3fmm	3fmm	NUM
fsr-3239	401	8	are	be	AUX
fsr-3239	401	9	also	also	ADV
fsr-3239	401	10	relatively	relatively	ADV
fsr-3239	401	11	large	large	ADJ
fsr-3239	401	12	,	,	PUNCT
fsr-3239	401	13	ranging	range	VERB
fsr-3239	401	14	from	from	ADP
fsr-3239	401	15	239	239	NUM
fsr-3239	401	16	basis	basis	NOUN
fsr-3239	401	17	points	point	NOUN
fsr-3239	401	18	to	to	ADP
fsr-3239	401	19	41	41	NUM
fsr-3239	401	20	basis	basis	NOUN
fsr-3239	401	21	points	point	NOUN
fsr-3239	401	22	.	.	PUNCT
fsr-3239	402	1	these	these	DET
fsr-3239	402	2	findings	finding	NOUN
fsr-3239	402	3	run	run	VERB
fsr-3239	402	4	counter	counter	ADV
fsr-3239	402	5	to	to	ADP
fsr-3239	402	6	the	the	DET
fsr-3239	402	7	efficient	efficient	ADJ
fsr-3239	402	8	market	market	NOUN
fsr-3239	402	9	hypothesis	hypothesis	NOUN
fsr-3239	402	10	.	.	PUNCT
fsr-3239	403	1	the	the	DET
fsr-3239	403	2	results	result	NOUN
fsr-3239	403	3	in	in	ADP
fsr-3239	403	4	table	table	NOUN
fsr-3239	403	5	4	4	NUM
fsr-3239	403	6	are	be	AUX
fsr-3239	403	7	based	base	VERB
fsr-3239	403	8	on	on	ADP
fsr-3239	403	9	an	an	DET
fsr-3239	403	10	investment	investment	NOUN
fsr-3239	403	11	of	of	ADP
fsr-3239	403	12	only	only	ADV
fsr-3239	403	13	$	$	SYM
fsr-3239	403	14	50,000	50,000	NUM
fsr-3239	403	15	.	.	PUNCT
fsr-3239	404	1	as	as	SCONJ
fsr-3239	404	2	the	the	DET
fsr-3239	404	3	investment	investment	NOUN
fsr-3239	404	4	is	be	AUX
fsr-3239	404	5	increased	increase	VERB
fsr-3239	404	6	transaction	transaction	NOUN
fsr-3239	404	7	costs	cost	NOUN
fsr-3239	404	8	become	become	VERB
fsr-3239	404	9	a	a	DET
fsr-3239	404	10	smaller	small	ADJ
fsr-3239	404	11	drag	drag	NOUN
fsr-3239	404	12	on	on	ADP
fsr-3239	404	13	returns	return	NOUN
fsr-3239	404	14	and	and	CCONJ
fsr-3239	404	15	even	even	ADV
fsr-3239	404	16	higher	high	ADJ
fsr-3239	404	17	proportions	proportion	NOUN
fsr-3239	404	18	of	of	ADP
fsr-3239	404	19	the	the	DET
fsr-3239	404	20	aaii	aaii	NOUN
fsr-3239	404	21	portfolios	portfolio	NOUN
fsr-3239	404	22	should	should	AUX
fsr-3239	404	23	achieve	achieve	VERB
fsr-3239	404	24	statistically	statistically	ADV
fsr-3239	404	25	significant	significant	ADJ
fsr-3239	404	26	�	�	NOUN
fsr-3239	404	27	s.	s.	PROPN
fsr-3239	404	28	for	for	ADP
fsr-3239	404	29	example	example	NOUN
fsr-3239	404	30	,	,	PUNCT
fsr-3239	404	31	while	while	SCONJ
fsr-3239	404	32	we	we	PRON
fsr-3239	404	33	do	do	AUX
fsr-3239	404	34	not	not	PART
fsr-3239	404	35	show	show	VERB
fsr-3239	404	36	the	the	DET
fsr-3239	404	37	results	result	NOUN
fsr-3239	404	38	here	here	ADV
fsr-3239	404	39	to	to	PART
fsr-3239	404	40	conserve	conserve	VERB
fsr-3239	404	41	space	space	NOUN
fsr-3239	404	42	,	,	PUNCT
fsr-3239	404	43	we	we	PRON
fsr-3239	404	44	replicated	replicate	VERB
fsr-3239	404	45	table	table	NOUN
fsr-3239	404	46	4	4	NUM
fsr-3239	404	47	with	with	ADP
fsr-3239	404	48	an	an	DET
fsr-3239	404	49	initial	initial	ADJ
fsr-3239	404	50	investment	investment	NOUN
fsr-3239	404	51	of	of	ADP
fsr-3239	404	52	$	$	SYM
fsr-3239	404	53	100,000	100,000	NUM
fsr-3239	404	54	and	and	CCONJ
fsr-3239	404	55	found	find	VERB
fsr-3239	404	56	similar	similar	ADJ
fsr-3239	404	57	ranking	ranking	NOUN
fsr-3239	404	58	patterns	pattern	NOUN
fsr-3239	404	59	with	with	ADP
fsr-3239	404	60	statistically	statistically	ADV
fsr-3239	404	61	significant	significant	ADJ
fsr-3239	404	62	1fmm	1fmm	PROPN
fsr-3239	404	63	�	�	NOUN
fsr-3239	404	64	s	s	PART
fsr-3239	404	65	for	for	ADP
fsr-3239	404	66	almost	almost	ADV
fsr-3239	404	67	60	60	NUM
fsr-3239	404	68	%	%	NOUN
fsr-3239	404	69	of	of	ADP
fsr-3239	404	70	the	the	DET
fsr-3239	404	71	aaii	aaii	NOUN
fsr-3239	404	72	portfolios	portfolio	NOUN
fsr-3239	404	73	and	and	CCONJ
fsr-3239	404	74	a	a	DET
fsr-3239	404	75	little	little	ADJ
fsr-3239	404	76	over	over	ADP
fsr-3239	404	77	39	39	NUM
fsr-3239	404	78	%	%	NOUN
fsr-3239	404	79	of	of	ADP
fsr-3239	404	80	the	the	DET
fsr-3239	404	81	aaii	aaii	NOUN
fsr-3239	404	82	portfolios	portfolio	NOUN
fsr-3239	404	83	with	with	ADP
fsr-3239	404	84	statistically	statistically	ADV
fsr-3239	404	85	significant	significant	ADJ
fsr-3239	404	86	3fmm	3fmm	PROPN
fsr-3239	404	87	�	�	NOUN
fsr-3239	404	88	s.	s.	PROPN
fsr-3239	404	89	full	full	ADJ
fsr-3239	404	90	output	output	NOUN
fsr-3239	404	91	with	with	ADP
fsr-3239	404	92	the	the	DET
fsr-3239	404	93	higher	high	ADJ
fsr-3239	404	94	initial	initial	ADJ
fsr-3239	404	95	investment	investment	NOUN
fsr-3239	404	96	is	be	AUX
fsr-3239	404	97	available	available	ADJ
fsr-3239	404	98	from	from	ADP
fsr-3239	404	99	the	the	DET
fsr-3239	404	100	authors	author	NOUN
fsr-3239	404	101	upon	upon	SCONJ
fsr-3239	404	102	request	request	NOUN
fsr-3239	404	103	.	.	PUNCT
fsr-3239	405	1	the	the	DET
fsr-3239	405	2	sharpe	sharpe	PROPN
fsr-3239	405	3	ratio	ratio	NOUN
fsr-3239	405	4	ranking	rank	VERB
fsr-3239	405	5	for	for	ADP
fsr-3239	405	6	portfolios	portfolio	NOUN
fsr-3239	405	7	in	in	ADP
fsr-3239	405	8	table	table	NOUN
fsr-3239	405	9	4	4	NUM
fsr-3239	405	10	are	be	AUX
fsr-3239	405	11	highly	highly	ADV
fsr-3239	405	12	correlated	correlate	VERB
fsr-3239	405	13	with	with	ADP
fsr-3239	405	14	the	the	DET
fsr-3239	405	15	rankings	ranking	NOUN
fsr-3239	405	16	of	of	ADP
fsr-3239	405	17	1fmm	1fmm	PROPN
fsr-3239	405	18	�	�	PROPN
fsr-3239	405	19	s	s	PART
fsr-3239	405	20	and	and	CCONJ
fsr-3239	405	21	3fmm	3fmm	NUM
fsr-3239	405	22	�	�	SYM
fsr-3239	405	23	s.	s.	PROPN
fsr-3239	405	24	in	in	ADP
fsr-3239	405	25	general	general	ADJ
fsr-3239	405	26	,	,	PUNCT
fsr-3239	405	27	a	a	DET
fsr-3239	405	28	good	good	ADJ
fsr-3239	405	29	portfolio	portfolio	NOUN
fsr-3239	405	30	is	be	AUX
fsr-3239	405	31	a	a	DET
fsr-3239	405	32	good	good	ADJ
fsr-3239	405	33	portfolio	portfolio	NOUN
fsr-3239	405	34	whether	whether	SCONJ
fsr-3239	405	35	the	the	DET
fsr-3239	405	36	sharpe	sharpe	PROPN
fsr-3239	405	37	ratio	ratio	NOUN
fsr-3239	405	38	,	,	PUNCT
fsr-3239	405	39	1fmm	1fmm	PROPN
fsr-3239	405	40	�	�	PROPN
fsr-3239	405	41	,	,	PUNCT
fsr-3239	405	42	or	or	CCONJ
fsr-3239	405	43	3fmm	3fmm	NUM
fsr-3239	405	44	�	�	PROPN
fsr-3239	405	45	is	be	AUX
fsr-3239	405	46	used	use	VERB
fsr-3239	405	47	for	for	ADP
fsr-3239	405	48	performance	performance	NOUN
fsr-3239	405	49	measurement	measurement	NOUN
fsr-3239	405	50	.	.	PUNCT
fsr-3239	406	1	nevertheless	nevertheless	ADV
fsr-3239	406	2	,	,	PUNCT
fsr-3239	406	3	171d.s	171d.s	X
fsr-3239	406	4	.	.	PUNCT
fsr-3239	407	1	north	north	PROPN
fsr-3239	407	2	,	,	PUNCT
fsr-3239	407	3	j.l	j.l	PROPN
fsr-3239	407	4	.	.	PROPN
fsr-3239	407	5	stevens	stevens	PROPN
fsr-3239	407	6	/	/	SYM
fsr-3239	407	7	financial	financial	ADJ
fsr-3239	407	8	services	service	NOUN
fsr-3239	407	9	review	review	VERB
fsr-3239	407	10	24	24	NUM
fsr-3239	407	11	(	(	PUNCT
fsr-3239	407	12	2015	2015	NUM
fsr-3239	407	13	)	)	PUNCT
fsr-3239	408	1	157–176	157–176	NUM
fsr-3239	408	2	there	there	PRON
fsr-3239	408	3	are	be	VERB
fsr-3239	408	4	two	two	NUM
fsr-3239	408	5	obvious	obvious	ADJ
fsr-3239	408	6	discrepancies	discrepancy	NOUN
fsr-3239	408	7	.	.	PUNCT
fsr-3239	409	1	the	the	DET
fsr-3239	409	2	magnet	magnet	NOUN
fsr-3239	409	3	complex	complex	NOUN
fsr-3239	409	4	price	price	NOUN
fsr-3239	409	5	change	change	NOUN
fsr-3239	409	6	portfolio	portfolio	NOUN
fsr-3239	409	7	is	be	AUX
fsr-3239	409	8	a	a	DET
fsr-3239	409	9	growth	growth	NOUN
fsr-3239	409	10	style	style	NOUN
fsr-3239	409	11	portfolio	portfolio	NOUN
fsr-3239	409	12	and	and	CCONJ
fsr-3239	409	13	is	be	AUX
fsr-3239	409	14	highly	highly	ADV
fsr-3239	409	15	concentrated	concentrated	ADJ
fsr-3239	409	16	with	with	ADP
fsr-3239	409	17	only	only	ADV
fsr-3239	409	18	two	two	NUM
fsr-3239	409	19	stocks	stock	NOUN
fsr-3239	409	20	on	on	ADP
fsr-3239	409	21	average	average	ADJ
fsr-3239	409	22	.	.	PUNCT
fsr-3239	410	1	this	this	DET
fsr-3239	410	2	portfolio	portfolio	NOUN
fsr-3239	410	3	has	have	VERB
fsr-3239	410	4	a	a	DET
fsr-3239	410	5	sharpe	sharpe	PROPN
fsr-3239	410	6	ratio	ratio	NOUN
fsr-3239	410	7	rank	rank	NOUN
fsr-3239	410	8	of	of	ADP
fsr-3239	410	9	22	22	NUM
fsr-3239	410	10	but	but	CCONJ
fsr-3239	410	11	a	a	DET
fsr-3239	410	12	much	much	ADV
fsr-3239	410	13	better	well	ADJ
fsr-3239	410	14	rank	rank	NOUN
fsr-3239	410	15	of	of	ADP
fsr-3239	410	16	7	7	NUM
fsr-3239	410	17	for	for	ADP
fsr-3239	410	18	the	the	DET
fsr-3239	410	19	1fmm	1fmm	PROPN
fsr-3239	410	20	�	�	PROPN
fsr-3239	410	21	and	and	CCONJ
fsr-3239	410	22	5	5	NUM
fsr-3239	410	23	for	for	ADP
fsr-3239	410	24	the	the	DET
fsr-3239	410	25	3fmm	3fmm	PROPN
fsr-3239	410	26	�	�	PROPN
fsr-3239	410	27	.	.	PUNCT
fsr-3239	411	1	this	this	DET
fsr-3239	411	2	portfolio	portfolio	NOUN
fsr-3239	411	3	has	have	VERB
fsr-3239	411	4	some	some	DET
fsr-3239	411	5	attractive	attractive	ADJ
fsr-3239	411	6	performance	performance	NOUN
fsr-3239	411	7	features	feature	NOUN
fsr-3239	411	8	but	but	CCONJ
fsr-3239	411	9	does	do	AUX
fsr-3239	411	10	not	not	PART
fsr-3239	411	11	do	do	VERB
fsr-3239	411	12	well	well	ADV
fsr-3239	411	13	on	on	ADP
fsr-3239	411	14	a	a	DET
fsr-3239	411	15	reward	reward	NOUN
fsr-3239	411	16	for	for	ADP
fsr-3239	411	17	total	total	ADJ
fsr-3239	411	18	risk	risk	NOUN
fsr-3239	411	19	basis	basis	NOUN
fsr-3239	411	20	.	.	PUNCT
fsr-3239	412	1	on	on	ADP
fsr-3239	412	2	the	the	DET
fsr-3239	412	3	other	other	ADJ
fsr-3239	412	4	hand	hand	NOUN
fsr-3239	412	5	,	,	PUNCT
fsr-3239	412	6	buffett	buffett	PROPN
fsr-3239	412	7	:	:	PUNCT
fsr-3239	412	8	hagstrom	hagstrom	PROPN
fsr-3239	412	9	price	price	NOUN
fsr-3239	412	10	change	change	NOUN
fsr-3239	412	11	is	be	AUX
fsr-3239	412	12	a	a	DET
fsr-3239	412	13	value	value	NOUN
fsr-3239	412	14	/	/	SYM
fsr-3239	412	15	growth	growth	NOUN
fsr-3239	412	16	portfolio	portfolio	NOUN
fsr-3239	412	17	with	with	ADP
fsr-3239	412	18	an	an	DET
fsr-3239	412	19	average	average	ADJ
fsr-3239	412	20	holding	holding	NOUN
fsr-3239	412	21	of	of	ADP
fsr-3239	412	22	30	30	NUM
fsr-3239	412	23	stocks	stock	NOUN
fsr-3239	412	24	.	.	PUNCT
fsr-3239	413	1	the	the	DET
fsr-3239	413	2	sharpe	sharpe	PROPN
fsr-3239	413	3	ratio	ratio	PROPN
fsr-3239	413	4	rank	rank	NOUN
fsr-3239	413	5	of	of	ADP
fsr-3239	413	6	nine	nine	NUM
fsr-3239	413	7	out	out	ADP
fsr-3239	413	8	of	of	ADP
fsr-3239	413	9	56	56	NUM
fsr-3239	413	10	looks	look	NOUN
fsr-3239	413	11	good	good	ADJ
fsr-3239	413	12	but	but	CCONJ
fsr-3239	413	13	a	a	DET
fsr-3239	413	14	much	much	ADV
fsr-3239	413	15	lower	low	ADJ
fsr-3239	413	16	rank	rank	NOUN
fsr-3239	413	17	of	of	ADP
fsr-3239	413	18	25	25	NUM
fsr-3239	413	19	for	for	ADP
fsr-3239	413	20	the	the	DET
fsr-3239	413	21	1fmm	1fmm	PROPN
fsr-3239	413	22	�	�	PROPN
fsr-3239	413	23	and	and	CCONJ
fsr-3239	413	24	21	21	NUM
fsr-3239	413	25	for	for	ADP
fsr-3239	413	26	the	the	DET
fsr-3239	413	27	3fmm	3fmm	PROPN
fsr-3239	413	28	does	do	AUX
fsr-3239	413	29	not	not	PART
fsr-3239	413	30	look	look	VERB
fsr-3239	413	31	attractive	attractive	ADJ
fsr-3239	413	32	.	.	PUNCT
fsr-3239	414	1	even	even	ADV
fsr-3239	414	2	though	though	SCONJ
fsr-3239	414	3	many	many	ADJ
fsr-3239	414	4	performance	performance	NOUN
fsr-3239	414	5	measures	measure	NOUN
fsr-3239	414	6	are	be	AUX
fsr-3239	414	7	highly	highly	ADV
fsr-3239	414	8	correlated	correlate	VERB
fsr-3239	414	9	it	it	PRON
fsr-3239	414	10	is	be	AUX
fsr-3239	414	11	a	a	DET
fsr-3239	414	12	good	good	ADJ
fsr-3239	414	13	idea	idea	NOUN
fsr-3239	414	14	to	to	PART
fsr-3239	414	15	consider	consider	VERB
fsr-3239	414	16	all	all	DET
fsr-3239	414	17	the	the	DET
fsr-3239	414	18	risk	risk	NOUN
fsr-3239	414	19	adjusted	adjust	VERB
fsr-3239	414	20	return	return	NOUN
fsr-3239	414	21	measures	measure	NOUN
fsr-3239	414	22	in	in	ADP
fsr-3239	414	23	table	table	NOUN
fsr-3239	414	24	4	4	NUM
fsr-3239	414	25	.	.	PUNCT
fsr-3239	415	1	rankings	ranking	NOUN
fsr-3239	415	2	of	of	ADP
fsr-3239	415	3	portfolios	portfolio	NOUN
fsr-3239	415	4	in	in	ADP
fsr-3239	415	5	table	table	NOUN
fsr-3239	415	6	4	4	NUM
fsr-3239	415	7	based	base	VERB
fsr-3239	415	8	on	on	ADP
fsr-3239	415	9	simple	simple	ADJ
fsr-3239	415	10	gmmr	gmmr	ADJ
fsr-3239	415	11	and	and	CCONJ
fsr-3239	415	12	ammr	ammr	ADJ
fsr-3239	415	13	measures	measure	NOUN
fsr-3239	415	14	relative	relative	ADJ
fsr-3239	415	15	to	to	ADP
fsr-3239	415	16	the	the	DET
fsr-3239	415	17	best	good	ADJ
fsr-3239	415	18	fit	fit	ADJ
fsr-3239	415	19	benchmark	benchmark	NOUN
fsr-3239	415	20	indexes	index	NOUN
fsr-3239	415	21	are	be	AUX
fsr-3239	415	22	also	also	ADV
fsr-3239	415	23	highly	highly	ADV
fsr-3239	415	24	correlated	correlate	VERB
fsr-3239	415	25	with	with	ADP
fsr-3239	415	26	all	all	PRON
fsr-3239	415	27	but	but	SCONJ
fsr-3239	415	28	the	the	DET
fsr-3239	415	29	mdmr	mdmr	ADJ
fsr-3239	415	30	measure	measure	NOUN
fsr-3239	415	31	.	.	PUNCT
fsr-3239	416	1	skewing	skew	VERB
fsr-3239	416	2	of	of	ADP
fsr-3239	416	3	returns	return	NOUN
fsr-3239	416	4	explains	explain	VERB
fsr-3239	416	5	why	why	SCONJ
fsr-3239	416	6	a	a	DET
fsr-3239	416	7	portfolio	portfolio	NOUN
fsr-3239	416	8	may	may	AUX
fsr-3239	416	9	rank	rank	VERB
fsr-3239	416	10	high	high	ADV
fsr-3239	416	11	in	in	ADP
fsr-3239	416	12	all	all	DET
fsr-3239	416	13	the	the	DET
fsr-3239	416	14	other	other	ADJ
fsr-3239	416	15	measures	measure	NOUN
fsr-3239	416	16	but	but	CCONJ
fsr-3239	416	17	low	low	ADJ
fsr-3239	416	18	in	in	ADP
fsr-3239	416	19	the	the	DET
fsr-3239	416	20	comparison	comparison	NOUN
fsr-3239	416	21	of	of	ADP
fsr-3239	416	22	mdmr	mdmr	NOUN
fsr-3239	416	23	with	with	ADP
fsr-3239	416	24	the	the	DET
fsr-3239	416	25	best	good	ADJ
fsr-3239	416	26	fit	fit	ADJ
fsr-3239	416	27	index	index	NOUN
fsr-3239	416	28	.	.	PUNCT
fsr-3239	417	1	positive	positive	ADJ
fsr-3239	417	2	skewing	skewing	NOUN
fsr-3239	417	3	because	because	SCONJ
fsr-3239	417	4	of	of	ADP
fsr-3239	417	5	large	large	ADJ
fsr-3239	417	6	positive	positive	ADJ
fsr-3239	417	7	outliers	outlier	NOUN
fsr-3239	417	8	makes	make	VERB
fsr-3239	417	9	the	the	DET
fsr-3239	417	10	average	average	NOUN
fsr-3239	417	11	higher	high	ADJ
fsr-3239	417	12	than	than	ADP
fsr-3239	417	13	the	the	DET
fsr-3239	417	14	median	median	NOUN
fsr-3239	417	15	,	,	PUNCT
fsr-3239	417	16	resulting	result	VERB
fsr-3239	417	17	in	in	ADP
fsr-3239	417	18	better	well	ADJ
fsr-3239	417	19	performance	performance	NOUN
fsr-3239	417	20	measured	measure	VERB
fsr-3239	417	21	by	by	ADP
fsr-3239	417	22	the	the	DET
fsr-3239	417	23	difference	difference	NOUN
fsr-3239	417	24	in	in	ADP
fsr-3239	417	25	the	the	DET
fsr-3239	417	26	average	average	NOUN
fsr-3239	417	27	and	and	CCONJ
fsr-3239	417	28	the	the	DET
fsr-3239	417	29	bfi	bfi	PROPN
fsr-3239	417	30	than	than	ADP
fsr-3239	417	31	the	the	DET
fsr-3239	417	32	performance	performance	NOUN
fsr-3239	417	33	measured	measure	VERB
fsr-3239	417	34	by	by	ADP
fsr-3239	417	35	the	the	DET
fsr-3239	417	36	difference	difference	NOUN
fsr-3239	417	37	in	in	ADP
fsr-3239	417	38	the	the	DET
fsr-3239	417	39	median	median	NOUN
fsr-3239	417	40	and	and	CCONJ
fsr-3239	417	41	bfi	bfi	PROPN
fsr-3239	417	42	.	.	PUNCT
fsr-3239	418	1	investors	investor	NOUN
fsr-3239	418	2	may	may	AUX
fsr-3239	418	3	prefer	prefer	VERB
fsr-3239	418	4	positive	positive	ADJ
fsr-3239	418	5	skewing	skewing	NOUN
fsr-3239	418	6	as	as	ADP
fsr-3239	418	7	a	a	DET
fsr-3239	418	8	measure	measure	NOUN
fsr-3239	418	9	of	of	ADP
fsr-3239	418	10	upside	upside	ADJ
fsr-3239	418	11	potential	potential	NOUN
fsr-3239	418	12	but	but	CCONJ
fsr-3239	418	13	it	it	PRON
fsr-3239	418	14	takes	take	VERB
fsr-3239	418	15	a	a	DET
fsr-3239	418	16	long	long	ADJ
fsr-3239	418	17	term	term	NOUN
fsr-3239	418	18	investment	investment	NOUN
fsr-3239	418	19	horizon	horizon	NOUN
fsr-3239	418	20	to	to	PART
fsr-3239	418	21	capture	capture	VERB
fsr-3239	418	22	the	the	DET
fsr-3239	418	23	outlier	outlier	ADJ
fsr-3239	418	24	returns	return	NOUN
fsr-3239	418	25	that	that	PRON
fsr-3239	418	26	play	play	VERB
fsr-3239	418	27	a	a	DET
fsr-3239	418	28	large	large	ADJ
fsr-3239	418	29	role	role	NOUN
fsr-3239	418	30	in	in	ADP
fsr-3239	418	31	performance	performance	NOUN
fsr-3239	418	32	.	.	PUNCT
fsr-3239	419	1	the	the	DET
fsr-3239	419	2	first	first	ADJ
fsr-3239	419	3	two	two	NUM
fsr-3239	419	4	portfolios	portfolio	NOUN
fsr-3239	419	5	in	in	ADP
fsr-3239	419	6	table	table	NOUN
fsr-3239	419	7	4	4	NUM
fsr-3239	419	8	present	present	NOUN
fsr-3239	419	9	an	an	DET
fsr-3239	419	10	example	example	NOUN
fsr-3239	419	11	of	of	ADP
fsr-3239	419	12	how	how	SCONJ
fsr-3239	419	13	an	an	DET
fsr-3239	419	14	individual	individual	ADJ
fsr-3239	419	15	investor	investor	NOUN
fsr-3239	419	16	should	should	AUX
fsr-3239	419	17	use	use	VERB
fsr-3239	419	18	all	all	DET
fsr-3239	419	19	the	the	DET
fsr-3239	419	20	measures	measure	NOUN
fsr-3239	419	21	to	to	PART
fsr-3239	419	22	include	include	VERB
fsr-3239	419	23	skewing	skew	VERB
fsr-3239	419	24	.	.	PUNCT
fsr-3239	420	1	the	the	DET
fsr-3239	420	2	petroski	petroski	NOUN
fsr-3239	420	3	9	9	NUM
fsr-3239	420	4	price	price	NOUN
fsr-3239	420	5	change	change	NOUN
fsr-3239	420	6	and	and	CCONJ
fsr-3239	420	7	the	the	DET
fsr-3239	420	8	magnet	magnet	NOUN
fsr-3239	420	9	simple	simple	ADJ
fsr-3239	420	10	price	price	NOUN
fsr-3239	420	11	change	change	NOUN
fsr-3239	420	12	portfolios	portfolio	NOUN
fsr-3239	420	13	are	be	AUX
fsr-3239	420	14	both	both	PRON
fsr-3239	420	15	highly	highly	ADV
fsr-3239	420	16	concentrated	concentrated	ADJ
fsr-3239	420	17	(	(	PUNCT
fsr-3239	420	18	4	4	NUM
fsr-3239	420	19	and	and	CCONJ
fsr-3239	420	20	3	3	NUM
fsr-3239	420	21	stocks	stock	NOUN
fsr-3239	420	22	on	on	ADP
fsr-3239	420	23	average	average	ADJ
fsr-3239	420	24	,	,	PUNCT
fsr-3239	420	25	respectively	respectively	ADV
fsr-3239	420	26	)	)	PUNCT
fsr-3239	420	27	value	value	NOUN
fsr-3239	420	28	portfolios	portfolio	NOUN
fsr-3239	420	29	that	that	PRON
fsr-3239	420	30	top	top	VERB
fsr-3239	420	31	the	the	DET
fsr-3239	420	32	rankings	ranking	NOUN
fsr-3239	420	33	in	in	ADP
fsr-3239	420	34	performance	performance	NOUN
fsr-3239	420	35	measures	measure	NOUN
fsr-3239	420	36	.	.	PUNCT
fsr-3239	421	1	both	both	DET
fsr-3239	421	2	portfolios	portfolio	NOUN
fsr-3239	421	3	also	also	ADV
fsr-3239	421	4	demonstrate	demonstrate	VERB
fsr-3239	421	5	positive	positive	ADJ
fsr-3239	421	6	skewing	skewing	NOUN
fsr-3239	421	7	of	of	ADP
fsr-3239	421	8	returns	return	NOUN
fsr-3239	421	9	since	since	SCONJ
fsr-3239	421	10	average	average	ADJ
fsr-3239	421	11	returns	return	NOUN
fsr-3239	421	12	are	be	AUX
fsr-3239	421	13	much	much	ADV
fsr-3239	421	14	higher	high	ADJ
fsr-3239	421	15	than	than	ADP
fsr-3239	421	16	the	the	DET
fsr-3239	421	17	median	median	ADJ
fsr-3239	421	18	returns	return	NOUN
fsr-3239	421	19	relative	relative	ADJ
fsr-3239	421	20	to	to	ADP
fsr-3239	421	21	the	the	DET
fsr-3239	421	22	benchmarks	benchmark	NOUN
fsr-3239	421	23	.	.	PUNCT
fsr-3239	422	1	this	this	DET
fsr-3239	422	2	combination	combination	NOUN
fsr-3239	422	3	is	be	AUX
fsr-3239	422	4	good	good	ADJ
fsr-3239	422	5	if	if	SCONJ
fsr-3239	422	6	the	the	DET
fsr-3239	422	7	investor	investor	NOUN
fsr-3239	422	8	is	be	AUX
fsr-3239	422	9	looking	look	VERB
fsr-3239	422	10	for	for	ADP
fsr-3239	422	11	a	a	DET
fsr-3239	422	12	long	long	ADJ
fsr-3239	422	13	run	run	NOUN
fsr-3239	422	14	commitment	commitment	NOUN
fsr-3239	422	15	to	to	ADP
fsr-3239	422	16	a	a	DET
fsr-3239	422	17	strategy	strategy	NOUN
fsr-3239	422	18	where	where	SCONJ
fsr-3239	422	19	positive	positive	ADJ
fsr-3239	422	20	skewing	skewing	NOUN
fsr-3239	422	21	is	be	AUX
fsr-3239	422	22	rewarded	reward	VERB
fsr-3239	422	23	.	.	PUNCT
fsr-3239	423	1	however	however	ADV
fsr-3239	423	2	,	,	PUNCT
fsr-3239	423	3	the	the	DET
fsr-3239	423	4	investor	investor	NOUN
fsr-3239	423	5	must	must	AUX
fsr-3239	423	6	also	also	ADV
fsr-3239	423	7	be	be	AUX
fsr-3239	423	8	comfortable	comfortable	ADJ
fsr-3239	423	9	with	with	ADP
fsr-3239	423	10	a	a	DET
fsr-3239	423	11	highly	highly	ADV
fsr-3239	423	12	concentrated	concentrated	ADJ
fsr-3239	423	13	portfolio	portfolio	NOUN
fsr-3239	423	14	.	.	PUNCT
fsr-3239	424	1	8	8	X
fsr-3239	424	2	.	.	PUNCT
fsr-3239	424	3	conclusions	conclusion	NOUN
fsr-3239	424	4	as	as	SCONJ
fsr-3239	424	5	technology	technology	NOUN
fsr-3239	424	6	advances	advance	VERB
fsr-3239	424	7	individual	individual	ADJ
fsr-3239	424	8	investor	investor	NOUN
fsr-3239	424	9	gain	gain	VERB
fsr-3239	424	10	access	access	NOUN
fsr-3239	424	11	to	to	ADP
fsr-3239	424	12	many	many	ADJ
fsr-3239	424	13	of	of	ADP
fsr-3239	424	14	the	the	DET
fsr-3239	424	15	same	same	ADJ
fsr-3239	424	16	tools	tool	NOUN
fsr-3239	424	17	and	and	CCONJ
fsr-3239	424	18	strategies	strategy	NOUN
fsr-3239	424	19	available	available	ADJ
fsr-3239	424	20	to	to	ADP
fsr-3239	424	21	professional	professional	ADJ
fsr-3239	424	22	investors	investor	NOUN
fsr-3239	424	23	.	.	PUNCT
fsr-3239	425	1	aaii	aaii	NOUN
fsr-3239	425	2	has	have	AUX
fsr-3239	425	3	been	be	AUX
fsr-3239	425	4	at	at	ADP
fsr-3239	425	5	the	the	DET
fsr-3239	425	6	forefront	forefront	NOUN
fsr-3239	425	7	of	of	ADP
fsr-3239	425	8	these	these	DET
fsr-3239	425	9	advancements	advancement	NOUN
fsr-3239	425	10	.	.	PUNCT
fsr-3239	426	1	our	our	PRON
fsr-3239	426	2	study	study	NOUN
fsr-3239	426	3	extended	extend	VERB
fsr-3239	426	4	work	work	NOUN
fsr-3239	426	5	by	by	ADP
fsr-3239	426	6	s&c	s&c	PROPN
fsr-3239	426	7	to	to	PART
fsr-3239	426	8	test	test	VERB
fsr-3239	426	9	the	the	DET
fsr-3239	426	10	investment	investment	NOUN
fsr-3239	426	11	performance	performance	NOUN
fsr-3239	426	12	of	of	ADP
fsr-3239	426	13	aaii	aaii	NOUN
fsr-3239	426	14	screens	screen	NOUN
fsr-3239	426	15	.	.	PUNCT
fsr-3239	427	1	we	we	PRON
fsr-3239	427	2	extended	extend	VERB
fsr-3239	427	3	the	the	DET
fsr-3239	427	4	period	period	NOUN
fsr-3239	427	5	of	of	ADP
fsr-3239	427	6	analysis	analysis	NOUN
fsr-3239	427	7	used	use	VERB
fsr-3239	427	8	by	by	ADP
fsr-3239	427	9	s&c	s&c	PROPN
fsr-3239	427	10	(	(	PUNCT
fsr-3239	427	11	1998–2005	1998–2005	NUM
fsr-3239	427	12	)	)	PUNCT
fsr-3239	427	13	to	to	PART
fsr-3239	427	14	include	include	VERB
fsr-3239	427	15	the	the	DET
fsr-3239	427	16	period	period	NOUN
fsr-3239	427	17	around	around	ADP
fsr-3239	427	18	the	the	DET
fsr-3239	427	19	great	great	ADJ
fsr-3239	427	20	recession	recession	NOUN
fsr-3239	427	21	of	of	ADP
fsr-3239	427	22	2009	2009	NUM
fsr-3239	427	23	to	to	PART
fsr-3239	427	24	see	see	VERB
fsr-3239	427	25	if	if	SCONJ
fsr-3239	427	26	the	the	DET
fsr-3239	427	27	aaii	aaii	NOUN
fsr-3239	427	28	strategies	strategy	NOUN
fsr-3239	427	29	weathered	weather	VERB
fsr-3239	427	30	the	the	DET
fsr-3239	427	31	storm	storm	NOUN
fsr-3239	427	32	.	.	PUNCT
fsr-3239	428	1	our	our	PRON
fsr-3239	428	2	results	result	NOUN
fsr-3239	428	3	with	with	ADP
fsr-3239	428	4	performance	performance	NOUN
fsr-3239	428	5	measures	measure	NOUN
fsr-3239	428	6	used	use	VERB
fsr-3239	428	7	by	by	ADP
fsr-3239	428	8	s&c	s&c	PROPN
fsr-3239	428	9	were	be	AUX
fsr-3239	428	10	similar	similar	ADJ
fsr-3239	428	11	to	to	ADP
fsr-3239	428	12	theirs	theirs	PRON
fsr-3239	428	13	.	.	PUNCT
fsr-3239	429	1	we	we	PRON
fsr-3239	429	2	also	also	ADV
fsr-3239	429	3	expanded	expand	VERB
fsr-3239	429	4	the	the	DET
fsr-3239	429	5	analysis	analysis	NOUN
fsr-3239	429	6	to	to	PART
fsr-3239	429	7	include	include	VERB
fsr-3239	429	8	the	the	DET
fsr-3239	429	9	single	single	ADJ
fsr-3239	429	10	-	-	PUNCT
fsr-3239	429	11	factor	factor	NOUN
fsr-3239	429	12	market	market	NOUN
fsr-3239	429	13	model	model	NOUN
fsr-3239	429	14	and	and	CCONJ
fsr-3239	429	15	the	the	DET
fsr-3239	429	16	three	three	NUM
fsr-3239	429	17	-	-	PUNCT
fsr-3239	429	18	factor	factor	NOUN
fsr-3239	429	19	f&f	f&f	PROPN
fsr-3239	429	20	model	model	NOUN
fsr-3239	429	21	measures	measure	NOUN
fsr-3239	429	22	of	of	ADP
fsr-3239	429	23	excess	excess	ADJ
fsr-3239	429	24	returns	return	NOUN
fsr-3239	429	25	(	(	PUNCT
fsr-3239	429	26	�	�	NOUN
fsr-3239	429	27	s	s	PART
fsr-3239	429	28	)	)	PUNCT
fsr-3239	429	29	.	.	PUNCT
fsr-3239	430	1	even	even	ADV
fsr-3239	430	2	when	when	SCONJ
fsr-3239	430	3	accounting	account	VERB
fsr-3239	430	4	for	for	ADP
fsr-3239	430	5	the	the	DET
fsr-3239	430	6	view	view	NOUN
fsr-3239	430	7	that	that	DET
fsr-3239	430	8	size	size	NOUN
fsr-3239	430	9	and	and	CCONJ
fsr-3239	430	10	market/	market/	NUM
fsr-3239	430	11	book	book	NOUN
fsr-3239	430	12	characteristics	characteristic	NOUN
fsr-3239	430	13	are	be	AUX
fsr-3239	430	14	really	really	ADV
fsr-3239	430	15	risk	risk	NOUN
fsr-3239	430	16	premiums	premium	NOUN
fsr-3239	430	17	rather	rather	ADV
fsr-3239	430	18	than	than	ADP
fsr-3239	430	19	unpriced	unpriced	ADJ
fsr-3239	430	20	information	information	NOUN
fsr-3239	430	21	,	,	PUNCT
fsr-3239	430	22	we	we	PRON
fsr-3239	430	23	find	find	VERB
fsr-3239	430	24	evidence	evidence	NOUN
fsr-3239	430	25	of	of	ADP
fsr-3239	430	26	statistically	statistically	ADV
fsr-3239	430	27	significant	significant	ADJ
fsr-3239	430	28	excess	excess	ADJ
fsr-3239	430	29	returns	return	NOUN
fsr-3239	430	30	well	well	ADV
fsr-3239	430	31	beyond	beyond	ADP
fsr-3239	430	32	what	what	DET
fsr-3239	430	33	chance	chance	NOUN
fsr-3239	430	34	would	would	AUX
fsr-3239	430	35	explain	explain	VERB
fsr-3239	430	36	.	.	PUNCT
fsr-3239	431	1	these	these	DET
fsr-3239	431	2	findings	finding	NOUN
fsr-3239	431	3	do	do	AUX
fsr-3239	431	4	not	not	PART
fsr-3239	431	5	support	support	VERB
fsr-3239	431	6	the	the	DET
fsr-3239	431	7	efficient	efficient	ADJ
fsr-3239	431	8	market	market	NOUN
fsr-3239	431	9	hypothesis	hypothesis	NOUN
fsr-3239	431	10	and	and	CCONJ
fsr-3239	431	11	suggest	suggest	VERB
fsr-3239	431	12	that	that	SCONJ
fsr-3239	431	13	individuals	individual	NOUN
fsr-3239	431	14	can	can	AUX
fsr-3239	431	15	achieve	achieve	VERB
fsr-3239	431	16	excess	excess	ADJ
fsr-3239	431	17	risk	risk	NOUN
fsr-3239	431	18	adjusted	adjust	VERB
fsr-3239	431	19	returns	return	NOUN
fsr-3239	431	20	from	from	ADP
fsr-3239	431	21	following	follow	VERB
fsr-3239	431	22	mechanical	mechanical	ADJ
fsr-3239	431	23	trading	trading	NOUN
fsr-3239	431	24	recommendations	recommendation	NOUN
fsr-3239	431	25	.	.	PUNCT
fsr-3239	432	1	we	we	PRON
fsr-3239	432	2	found	find	VERB
fsr-3239	432	3	evidence	evidence	NOUN
fsr-3239	432	4	that	that	SCONJ
fsr-3239	432	5	a	a	DET
fsr-3239	432	6	good	good	ADJ
fsr-3239	432	7	aaii	aaii	NOUN
fsr-3239	432	8	portfolio	portfolio	NOUN
fsr-3239	432	9	based	base	VERB
fsr-3239	432	10	on	on	ADP
fsr-3239	432	11	one	one	NUM
fsr-3239	432	12	measure	measure	NOUN
fsr-3239	432	13	tends	tend	VERB
fsr-3239	432	14	to	to	PART
fsr-3239	432	15	be	be	AUX
fsr-3239	432	16	a	a	DET
fsr-3239	432	17	good	good	ADJ
fsr-3239	432	18	portfolio	portfolio	NOUN
fsr-3239	432	19	for	for	ADP
fsr-3239	432	20	other	other	ADJ
fsr-3239	432	21	performance	performance	NOUN
fsr-3239	432	22	measures	measure	NOUN
fsr-3239	432	23	.	.	PUNCT
fsr-3239	433	1	the	the	DET
fsr-3239	433	2	exception	exception	NOUN
fsr-3239	433	3	is	be	AUX
fsr-3239	433	4	when	when	SCONJ
fsr-3239	433	5	median	median	ADJ
fsr-3239	433	6	returns	return	NOUN
fsr-3239	433	7	are	be	AUX
fsr-3239	433	8	used	use	VERB
fsr-3239	433	9	and	and	CCONJ
fsr-3239	433	10	172	172	NUM
fsr-3239	433	11	d.s	d.s	PROPN
fsr-3239	433	12	.	.	PROPN
fsr-3239	433	13	north	north	PROPN
fsr-3239	433	14	,	,	PUNCT
fsr-3239	433	15	j.l	j.l	PROPN
fsr-3239	433	16	.	.	PROPN
fsr-3239	433	17	stevens	stevens	PROPN
fsr-3239	433	18	/	/	SYM
fsr-3239	433	19	financial	financial	ADJ
fsr-3239	433	20	services	service	NOUN
fsr-3239	433	21	review	review	VERB
fsr-3239	433	22	24	24	NUM
fsr-3239	433	23	(	(	PUNCT
fsr-3239	433	24	2015	2015	NUM
fsr-3239	433	25	)	)	PUNCT
fsr-3239	434	1	157–176	157–176	PROPN
fsr-3239	434	2	the	the	DET
fsr-3239	434	3	portfolio	portfolio	NOUN
fsr-3239	434	4	has	have	AUX
fsr-3239	434	5	skewing	skew	VERB
fsr-3239	434	6	.	.	PUNCT
fsr-3239	435	1	we	we	PRON
fsr-3239	435	2	found	find	VERB
fsr-3239	435	3	positive	positive	ADJ
fsr-3239	435	4	skewing	skewing	NOUN
fsr-3239	435	5	in	in	ADP
fsr-3239	435	6	some	some	DET
fsr-3239	435	7	aaii	aaii	NOUN
fsr-3239	435	8	portfolios	portfolio	NOUN
fsr-3239	435	9	that	that	PRON
fsr-3239	435	10	long	long	ADV
fsr-3239	435	11	run	run	VERB
fsr-3239	435	12	investors	investor	NOUN
fsr-3239	435	13	might	might	AUX
fsr-3239	435	14	find	find	VERB
fsr-3239	435	15	attractive	attractive	ADJ
fsr-3239	435	16	when	when	SCONJ
fsr-3239	435	17	combined	combine	VERB
fsr-3239	435	18	with	with	ADP
fsr-3239	435	19	high	high	ADJ
fsr-3239	435	20	ranking	ranking	NOUN
fsr-3239	435	21	performance	performance	NOUN
fsr-3239	435	22	in	in	ADP
fsr-3239	435	23	other	other	ADJ
fsr-3239	435	24	measures	measure	NOUN
fsr-3239	435	25	.	.	PUNCT
fsr-3239	436	1	for	for	ADP
fsr-3239	436	2	the	the	DET
fsr-3239	436	3	top	top	ADJ
fsr-3239	436	4	performing	perform	VERB
fsr-3239	436	5	portfolios	portfolio	NOUN
fsr-3239	436	6	,	,	PUNCT
fsr-3239	436	7	significant	significant	ADJ
fsr-3239	436	8	�	�	PROPN
fsr-3239	436	9	s	s	PART
fsr-3239	436	10	were	be	AUX
fsr-3239	436	11	not	not	PART
fsr-3239	436	12	because	because	SCONJ
fsr-3239	436	13	of	of	ADP
fsr-3239	436	14	reliance	reliance	NOUN
fsr-3239	436	15	on	on	ADP
fsr-3239	436	16	small	small	ADJ
fsr-3239	436	17	cap	cap	NOUN
fsr-3239	436	18	stocks	stock	NOUN
fsr-3239	436	19	or	or	CCONJ
fsr-3239	436	20	undervalued	undervalue	VERB
fsr-3239	436	21	stocks	stock	NOUN
fsr-3239	436	22	based	base	VERB
fsr-3239	436	23	on	on	ADP
fsr-3239	436	24	low	low	ADJ
fsr-3239	436	25	market	market	NOUN
fsr-3239	436	26	to	to	ADP
fsr-3239	436	27	book	book	NOUN
fsr-3239	436	28	ratios	ratio	NOUN
fsr-3239	436	29	.	.	PUNCT
fsr-3239	437	1	the	the	DET
fsr-3239	437	2	finding	finding	NOUN
fsr-3239	437	3	of	of	ADP
fsr-3239	437	4	statistically	statistically	ADV
fsr-3239	437	5	significant	significant	ADJ
fsr-3239	437	6	three	three	NUM
fsr-3239	437	7	-	-	PUNCT
fsr-3239	437	8	factor	factor	NOUN
fsr-3239	437	9	model	model	NOUN
fsr-3239	437	10	�	�	PROPN
fsr-3239	437	11	s	s	PART
fsr-3239	437	12	from	from	ADP
fsr-3239	437	13	mechanical	mechanical	ADJ
fsr-3239	437	14	trading	trading	NOUN
fsr-3239	437	15	screens	screen	NOUN
fsr-3239	437	16	with	with	ADP
fsr-3239	437	17	relatively	relatively	ADV
fsr-3239	437	18	small	small	ADJ
fsr-3239	437	19	amounts	amount	NOUN
fsr-3239	437	20	invested	invest	VERB
fsr-3239	437	21	over	over	ADP
fsr-3239	437	22	this	this	DET
fsr-3239	437	23	tumultuous	tumultuous	ADJ
fsr-3239	437	24	financial	financial	ADJ
fsr-3239	437	25	market	market	NOUN
fsr-3239	437	26	period	period	NOUN
fsr-3239	437	27	is	be	AUX
fsr-3239	437	28	impressive	impressive	ADJ
fsr-3239	437	29	.	.	PUNCT
fsr-3239	438	1	larger	large	ADJ
fsr-3239	438	2	investors	investor	NOUN
fsr-3239	438	3	would	would	AUX
fsr-3239	438	4	find	find	VERB
fsr-3239	438	5	even	even	ADV
fsr-3239	438	6	higher	high	ADJ
fsr-3239	438	7	percentages	percentage	NOUN
fsr-3239	438	8	of	of	ADP
fsr-3239	438	9	the	the	DET
fsr-3239	438	10	56	56	NUM
fsr-3239	438	11	screens	screen	NOUN
fsr-3239	438	12	to	to	PART
fsr-3239	438	13	have	have	VERB
fsr-3239	438	14	attractive	attractive	ADJ
fsr-3239	438	15	performance	performance	NOUN
fsr-3239	438	16	since	since	SCONJ
fsr-3239	438	17	trading	trading	NOUN
fsr-3239	438	18	costs	cost	NOUN
fsr-3239	438	19	would	would	AUX
fsr-3239	438	20	be	be	AUX
fsr-3239	438	21	less	less	ADJ
fsr-3239	438	22	of	of	ADP
fsr-3239	438	23	a	a	DET
fsr-3239	438	24	drag	drag	NOUN
fsr-3239	438	25	on	on	ADP
fsr-3239	438	26	returns	return	NOUN
fsr-3239	438	27	.	.	PUNCT
fsr-3239	439	1	we	we	PRON
fsr-3239	439	2	could	could	AUX
fsr-3239	439	3	not	not	PART
fsr-3239	439	4	control	control	VERB
fsr-3239	439	5	several	several	ADJ
fsr-3239	439	6	features	feature	NOUN
fsr-3239	439	7	of	of	ADP
fsr-3239	439	8	this	this	DET
fsr-3239	439	9	study	study	NOUN
fsr-3239	439	10	that	that	PRON
fsr-3239	439	11	might	might	AUX
fsr-3239	439	12	make	make	VERB
fsr-3239	439	13	the	the	DET
fsr-3239	439	14	performance	performance	NOUN
fsr-3239	439	15	of	of	ADP
fsr-3239	439	16	aaii	aaii	NOUN
fsr-3239	439	17	screened	screen	VERB
fsr-3239	439	18	portfolios	portfolio	NOUN
fsr-3239	439	19	more	more	ADV
fsr-3239	439	20	attractive	attractive	ADJ
fsr-3239	439	21	.	.	PUNCT
fsr-3239	440	1	for	for	ADP
fsr-3239	440	2	example	example	NOUN
fsr-3239	440	3	,	,	PUNCT
fsr-3239	440	4	the	the	DET
fsr-3239	440	5	aaii	aaii	NOUN
fsr-3239	440	6	data	datum	NOUN
fsr-3239	440	7	do	do	AUX
fsr-3239	440	8	not	not	PART
fsr-3239	440	9	include	include	VERB
fsr-3239	440	10	dividends	dividend	NOUN
fsr-3239	440	11	in	in	ADP
fsr-3239	440	12	either	either	CCONJ
fsr-3239	440	13	the	the	DET
fsr-3239	440	14	portfolio	portfolio	NOUN
fsr-3239	440	15	return	return	NOUN
fsr-3239	440	16	calculation	calculation	NOUN
fsr-3239	440	17	or	or	CCONJ
fsr-3239	440	18	index	index	NOUN
fsr-3239	440	19	return	return	NOUN
fsr-3239	440	20	.	.	PUNCT
fsr-3239	441	1	furthermore	furthermore	ADV
fsr-3239	441	2	,	,	PUNCT
fsr-3239	441	3	transaction	transaction	NOUN
fsr-3239	441	4	costs	cost	NOUN
fsr-3239	441	5	could	could	AUX
fsr-3239	441	6	be	be	AUX
fsr-3239	441	7	lowered	lower	VERB
fsr-3239	441	8	if	if	SCONJ
fsr-3239	441	9	rebalancing	rebalancing	NOUN
fsr-3239	441	10	periods	period	NOUN
fsr-3239	441	11	could	could	AUX
fsr-3239	441	12	be	be	AUX
fsr-3239	441	13	extended	extend	VERB
fsr-3239	441	14	from	from	ADP
fsr-3239	441	15	monthly	monthly	ADJ
fsr-3239	441	16	to	to	ADP
fsr-3239	441	17	quarterly	quarterly	ADJ
fsr-3239	441	18	,	,	PUNCT
fsr-3239	441	19	semiannually	semiannually	ADV
fsr-3239	441	20	,	,	PUNCT
fsr-3239	441	21	or	or	CCONJ
fsr-3239	441	22	annually	annually	ADV
fsr-3239	441	23	.	.	PUNCT
fsr-3239	442	1	rebalancing	rebalancing	NOUN
fsr-3239	442	2	methods	method	NOUN
fsr-3239	442	3	other	other	ADJ
fsr-3239	442	4	than	than	ADP
fsr-3239	442	5	equal	equal	ADJ
fsr-3239	442	6	weighting	weighting	NOUN
fsr-3239	442	7	might	might	AUX
fsr-3239	442	8	also	also	ADV
fsr-3239	442	9	affect	affect	VERB
fsr-3239	442	10	performance	performance	NOUN
fsr-3239	442	11	for	for	ADP
fsr-3239	442	12	many	many	ADJ
fsr-3239	442	13	of	of	ADP
fsr-3239	442	14	the	the	DET
fsr-3239	442	15	aaii	aaii	NOUN
fsr-3239	442	16	strategies	strategy	NOUN
fsr-3239	442	17	depending	depend	VERB
fsr-3239	442	18	on	on	ADP
fsr-3239	442	19	whether	whether	SCONJ
fsr-3239	442	20	the	the	DET
fsr-3239	442	21	strategy	strategy	NOUN
fsr-3239	442	22	uses	use	VERB
fsr-3239	442	23	momentum	momentum	NOUN
fsr-3239	442	24	or	or	CCONJ
fsr-3239	442	25	longer	long	ADV
fsr-3239	442	26	run	run	VERB
fsr-3239	442	27	value	value	NOUN
fsr-3239	442	28	screens	screen	NOUN
fsr-3239	442	29	.	.	PUNCT
fsr-3239	443	1	in	in	ADP
fsr-3239	443	2	general	general	ADJ
fsr-3239	443	3	,	,	PUNCT
fsr-3239	443	4	given	give	VERB
fsr-3239	443	5	the	the	DET
fsr-3239	443	6	wide	wide	ADJ
fsr-3239	443	7	variety	variety	NOUN
fsr-3239	443	8	of	of	ADP
fsr-3239	443	9	different	different	ADJ
fsr-3239	443	10	strategies	strategy	NOUN
fsr-3239	443	11	available	available	ADJ
fsr-3239	443	12	in	in	ADP
fsr-3239	443	13	the	the	DET
fsr-3239	443	14	aaii	aaii	NOUN
fsr-3239	443	15	service	service	NOUN
fsr-3239	443	16	,	,	PUNCT
fsr-3239	443	17	it	it	PRON
fsr-3239	443	18	is	be	AUX
fsr-3239	443	19	likely	likely	ADJ
fsr-3239	443	20	that	that	SCONJ
fsr-3239	443	21	most	most	ADJ
fsr-3239	443	22	strategies	strategy	NOUN
fsr-3239	443	23	will	will	AUX
fsr-3239	443	24	do	do	VERB
fsr-3239	443	25	better	well	ADV
fsr-3239	443	26	with	with	ADP
fsr-3239	443	27	different	different	ADJ
fsr-3239	443	28	combinations	combination	NOUN
fsr-3239	443	29	of	of	ADP
fsr-3239	443	30	holding	hold	VERB
fsr-3239	443	31	periods	period	NOUN
fsr-3239	443	32	and	and	CCONJ
fsr-3239	443	33	rebalancing	rebalancing	NOUN
fsr-3239	443	34	methods	method	NOUN
fsr-3239	443	35	.	.	PUNCT
fsr-3239	444	1	there	there	PRON
fsr-3239	444	2	would	would	AUX
fsr-3239	444	3	seem	seem	VERB
fsr-3239	444	4	to	to	PART
fsr-3239	444	5	be	be	AUX
fsr-3239	444	6	potential	potential	ADJ
fsr-3239	444	7	for	for	ADP
fsr-3239	444	8	a	a	DET
fsr-3239	444	9	better	well	ADJ
fsr-3239	444	10	service	service	NOUN
fsr-3239	444	11	allowing	allow	VERB
fsr-3239	444	12	individual	individual	ADJ
fsr-3239	444	13	investors	investor	NOUN
fsr-3239	444	14	to	to	PART
fsr-3239	444	15	match	match	VERB
fsr-3239	444	16	strategies	strategy	NOUN
fsr-3239	444	17	with	with	ADP
fsr-3239	444	18	the	the	DET
fsr-3239	444	19	most	most	ADV
fsr-3239	444	20	appropriate	appropriate	ADJ
fsr-3239	444	21	holding	hold	VERB
fsr-3239	444	22	periods	period	NOUN
fsr-3239	444	23	and	and	CCONJ
fsr-3239	444	24	rebalancing	rebalancing	NOUN
fsr-3239	444	25	methods	method	NOUN
fsr-3239	444	26	.	.	PUNCT
fsr-3239	445	1	additional	additional	ADJ
fsr-3239	445	2	work	work	NOUN
fsr-3239	445	3	is	be	AUX
fsr-3239	445	4	needed	need	VERB
fsr-3239	445	5	on	on	ADP
fsr-3239	445	6	implementation	implementation	NOUN
fsr-3239	445	7	of	of	ADP
fsr-3239	445	8	mechanical	mechanical	ADJ
fsr-3239	445	9	screens	screen	NOUN
fsr-3239	445	10	such	such	ADJ
fsr-3239	445	11	as	as	ADP
fsr-3239	445	12	those	those	PRON
fsr-3239	445	13	provided	provide	VERB
fsr-3239	445	14	by	by	ADP
fsr-3239	445	15	the	the	DET
fsr-3239	445	16	aaii	aaii	NOUN
fsr-3239	445	17	service	service	NOUN
fsr-3239	445	18	to	to	PART
fsr-3239	445	19	help	help	VERB
fsr-3239	445	20	individual	individual	ADJ
fsr-3239	445	21	investors	investor	NOUN
fsr-3239	445	22	gain	gain	VERB
fsr-3239	445	23	more	more	ADV
fsr-3239	445	24	equal	equal	ADJ
fsr-3239	445	25	footing	footing	NOUN
fsr-3239	445	26	with	with	ADP
fsr-3239	445	27	professionals	professional	NOUN
fsr-3239	445	28	.	.	PUNCT
fsr-3239	446	1	notes	note	VERB
fsr-3239	446	2	1	1	NUM
fsr-3239	446	3	fama	fama	NOUN
fsr-3239	446	4	(	(	PUNCT
fsr-3239	446	5	1970	1970	NUM
fsr-3239	446	6	)	)	PUNCT
fsr-3239	446	7	is	be	AUX
fsr-3239	446	8	the	the	DET
fsr-3239	446	9	generally	generally	ADV
fsr-3239	446	10	accepted	accept	VERB
fsr-3239	446	11	father	father	NOUN
fsr-3239	446	12	of	of	ADP
fsr-3239	446	13	the	the	DET
fsr-3239	446	14	efficient	efficient	ADJ
fsr-3239	446	15	market	market	NOUN
fsr-3239	446	16	hypothesis	hypothesis	NOUN
fsr-3239	446	17	(	(	PUNCT
fsr-3239	446	18	emh	emh	PROPN
fsr-3239	446	19	)	)	PUNCT
fsr-3239	446	20	and	and	CCONJ
fsr-3239	446	21	passive	passive	ADJ
fsr-3239	446	22	investment	investment	NOUN
fsr-3239	446	23	philosophy	philosophy	NOUN
fsr-3239	446	24	.	.	PUNCT
fsr-3239	447	1	2	2	NUM
fsr-3239	447	2	see	see	VERB
fsr-3239	447	3	www.aaii.com	www.aaii.com	NOUN
fsr-3239	447	4	for	for	ADP
fsr-3239	447	5	more	more	ADJ
fsr-3239	447	6	information	information	NOUN
fsr-3239	447	7	about	about	ADP
fsr-3239	447	8	aaii	aaii	NOUN
fsr-3239	447	9	products	product	NOUN
fsr-3239	447	10	and	and	CCONJ
fsr-3239	447	11	services	service	NOUN
fsr-3239	447	12	.	.	PUNCT
fsr-3239	448	1	3	3	NUM
fsr-3239	448	2	we	we	PRON
fsr-3239	448	3	analyzed	analyze	VERB
fsr-3239	448	4	differences	difference	NOUN
fsr-3239	448	5	between	between	ADP
fsr-3239	448	6	the	the	DET
fsr-3239	448	7	54	54	NUM
fsr-3239	448	8	strategies	strategy	NOUN
fsr-3239	448	9	used	use	VERB
fsr-3239	448	10	by	by	ADP
fsr-3239	448	11	s&c	s&c	PROPN
fsr-3239	448	12	and	and	CCONJ
fsr-3239	448	13	the	the	DET
fsr-3239	448	14	56	56	NUM
fsr-3239	448	15	strategies	strategy	NOUN
fsr-3239	448	16	in	in	ADP
fsr-3239	448	17	our	our	PRON
fsr-3239	448	18	study	study	NOUN
fsr-3239	448	19	.	.	PUNCT
fsr-3239	449	1	we	we	PRON
fsr-3239	449	2	were	be	AUX
fsr-3239	449	3	able	able	ADJ
fsr-3239	449	4	to	to	PART
fsr-3239	449	5	add	add	VERB
fsr-3239	449	6	nine	nine	NUM
fsr-3239	449	7	new	new	ADJ
fsr-3239	449	8	screens	screen	NOUN
fsr-3239	449	9	because	because	SCONJ
fsr-3239	449	10	aaii	aaii	VERB
fsr-3239	449	11	added	add	VERB
fsr-3239	449	12	complete	complete	ADJ
fsr-3239	449	13	data	datum	NOUN
fsr-3239	449	14	for	for	ADP
fsr-3239	449	15	these	these	DET
fsr-3239	449	16	portfolios	portfolio	NOUN
fsr-3239	449	17	after	after	SCONJ
fsr-3239	449	18	the	the	DET
fsr-3239	449	19	s&c	s&c	PROPN
fsr-3239	449	20	study	study	NOUN
fsr-3239	449	21	was	be	AUX
fsr-3239	449	22	conducted	conduct	VERB
fsr-3239	449	23	.	.	PUNCT
fsr-3239	450	1	we	we	PRON
fsr-3239	450	2	lost	lose	VERB
fsr-3239	450	3	seven	seven	NUM
fsr-3239	450	4	screens	screen	NOUN
fsr-3239	450	5	used	use	VERB
fsr-3239	450	6	in	in	ADP
fsr-3239	450	7	the	the	DET
fsr-3239	450	8	c&s	c&s	PROPN
fsr-3239	450	9	study	study	NOUN
fsr-3239	450	10	either	either	CCONJ
fsr-3239	450	11	because	because	SCONJ
fsr-3239	450	12	there	there	PRON
fsr-3239	450	13	was	be	VERB
fsr-3239	450	14	no	no	ADV
fsr-3239	450	15	longer	long	ADV
fsr-3239	450	16	complete	complete	ADJ
fsr-3239	450	17	data	datum	NOUN
fsr-3239	450	18	over	over	ADP
fsr-3239	450	19	the	the	DET
fsr-3239	450	20	extended	extend	VERB
fsr-3239	450	21	study	study	NOUN
fsr-3239	450	22	period	period	NOUN
fsr-3239	450	23	or	or	CCONJ
fsr-3239	450	24	because	because	SCONJ
fsr-3239	450	25	the	the	DET
fsr-3239	450	26	screen	screen	NOUN
fsr-3239	450	27	style	style	NOUN
fsr-3239	450	28	could	could	AUX
fsr-3239	450	29	not	not	PART
fsr-3239	450	30	be	be	AUX
fsr-3239	450	31	classified	classify	VERB
fsr-3239	450	32	.	.	PUNCT
fsr-3239	451	1	to	to	PART
fsr-3239	451	2	test	test	VERB
fsr-3239	451	3	for	for	ADP
fsr-3239	451	4	the	the	DET
fsr-3239	451	5	implications	implication	NOUN
fsr-3239	451	6	of	of	ADP
fsr-3239	451	7	the	the	DET
fsr-3239	451	8	different	different	ADJ
fsr-3239	451	9	set	set	NOUN
fsr-3239	451	10	of	of	ADP
fsr-3239	451	11	screens	screen	NOUN
fsr-3239	451	12	we	we	PRON
fsr-3239	451	13	first	first	ADV
fsr-3239	451	14	ran	run	VERB
fsr-3239	451	15	our	our	PRON
fsr-3239	451	16	analysis	analysis	NOUN
fsr-3239	451	17	over	over	ADP
fsr-3239	451	18	the	the	DET
fsr-3239	451	19	s&c	s&c	PROPN
fsr-3239	451	20	period	period	NOUN
fsr-3239	451	21	using	use	VERB
fsr-3239	451	22	the	the	DET
fsr-3239	451	23	s&c	s&c	PROPN
fsr-3239	451	24	strategies	strategy	NOUN
fsr-3239	451	25	and	and	CCONJ
fsr-3239	451	26	then	then	ADV
fsr-3239	451	27	using	use	VERB
fsr-3239	451	28	our	our	PRON
fsr-3239	451	29	strategies	strategy	NOUN
fsr-3239	451	30	.	.	PUNCT
fsr-3239	452	1	the	the	DET
fsr-3239	452	2	differences	difference	NOUN
fsr-3239	452	3	were	be	AUX
fsr-3239	452	4	not	not	PART
fsr-3239	452	5	statistically	statistically	ADV
fsr-3239	452	6	significant	significant	ADJ
fsr-3239	452	7	.	.	PUNCT
fsr-3239	453	1	we	we	PRON
fsr-3239	453	2	do	do	AUX
fsr-3239	453	3	not	not	PART
fsr-3239	453	4	provide	provide	VERB
fsr-3239	453	5	this	this	DET
fsr-3239	453	6	output	output	NOUN
fsr-3239	453	7	here	here	ADV
fsr-3239	453	8	to	to	PART
fsr-3239	453	9	conserve	conserve	VERB
fsr-3239	453	10	space	space	NOUN
fsr-3239	453	11	but	but	CCONJ
fsr-3239	453	12	the	the	DET
fsr-3239	453	13	data	datum	NOUN
fsr-3239	453	14	are	be	AUX
fsr-3239	453	15	available	available	ADJ
fsr-3239	453	16	upon	upon	SCONJ
fsr-3239	453	17	request	request	NOUN
fsr-3239	453	18	.	.	PUNCT
fsr-3239	454	1	4	4	NUM
fsr-3239	454	2	differences	difference	NOUN
fsr-3239	454	3	in	in	ADP
fsr-3239	454	4	performance	performance	NOUN
fsr-3239	454	5	results	result	NOUN
fsr-3239	454	6	in	in	ADP
fsr-3239	454	7	table	table	NOUN
fsr-3239	454	8	3	3	NUM
fsr-3239	454	9	and	and	CCONJ
fsr-3239	454	10	findings	finding	NOUN
fsr-3239	454	11	in	in	ADP
fsr-3239	454	12	the	the	DET
fsr-3239	454	13	s&c	s&c	PROPN
fsr-3239	454	14	study	study	NOUN
fsr-3239	454	15	are	be	AUX
fsr-3239	454	16	small	small	ADJ
fsr-3239	454	17	in	in	ADP
fsr-3239	454	18	general	general	ADJ
fsr-3239	454	19	,	,	PUNCT
fsr-3239	454	20	but	but	CCONJ
fsr-3239	454	21	one	one	NUM
fsr-3239	454	22	exception	exception	NOUN
fsr-3239	454	23	occurs	occur	VERB
fsr-3239	454	24	for	for	ADP
fsr-3239	454	25	the	the	DET
fsr-3239	454	26	sharpe	sharpe	PROPN
fsr-3239	454	27	ratio	ratio	PROPN
fsr-3239	454	28	without	without	ADP
fsr-3239	454	29	transaction	transaction	NOUN
fsr-3239	454	30	costs	cost	NOUN
fsr-3239	454	31	.	.	PUNCT
fsr-3239	455	1	we	we	PRON
fsr-3239	455	2	find	find	VERB
fsr-3239	455	3	82	82	NUM
fsr-3239	455	4	%	%	NOUN
fsr-3239	455	5	of	of	ADP
fsr-3239	455	6	our	our	PRON
fsr-3239	455	7	portfolios	portfolio	NOUN
fsr-3239	455	8	with	with	ADP
fsr-3239	455	9	no	no	DET
fsr-3239	455	10	transaction	transaction	NOUN
fsr-3239	455	11	costs	cost	NOUN
fsr-3239	455	12	beat	beat	VERB
fsr-3239	455	13	the	the	DET
fsr-3239	455	14	bfi	bfi	PROPN
fsr-3239	455	15	sharpe	sharpe	PROPN
fsr-3239	455	16	ratio	ratio	PROPN
fsr-3239	455	17	while	while	SCONJ
fsr-3239	455	18	s&c	s&c	PROPN
fsr-3239	455	19	find	find	VERB
fsr-3239	455	20	only	only	ADV
fsr-3239	455	21	72	72	NUM
fsr-3239	455	22	%	%	NOUN
fsr-3239	455	23	of	of	ADP
fsr-3239	455	24	their	their	PRON
fsr-3239	455	25	portfolios	portfolio	NOUN
fsr-3239	455	26	beat	beat	VERB
fsr-3239	455	27	the	the	DET
fsr-3239	455	28	bfi	bfi	PROPN
fsr-3239	455	29	sharpe	sharpe	PROPN
fsr-3239	455	30	ratio	ratio	PROPN
fsr-3239	455	31	.	.	PUNCT
fsr-3239	456	1	when	when	SCONJ
fsr-3239	456	2	transaction	transaction	NOUN
fsr-3239	456	3	costs	cost	NOUN
fsr-3239	456	4	are	be	AUX
fsr-3239	456	5	included	include	VERB
fsr-3239	456	6	,	,	PUNCT
fsr-3239	456	7	our	our	PRON
fsr-3239	456	8	findings	finding	NOUN
fsr-3239	456	9	for	for	ADP
fsr-3239	456	10	the	the	DET
fsr-3239	456	11	sharpe	sharpe	PROPN
fsr-3239	456	12	ratio	ratio	NOUN
fsr-3239	456	13	are	be	AUX
fsr-3239	456	14	again	again	ADV
fsr-3239	456	15	very	very	ADV
fsr-3239	456	16	similar	similar	ADJ
fsr-3239	456	17	to	to	ADP
fsr-3239	456	18	the	the	DET
fsr-3239	456	19	s&c	s&c	PROPN
fsr-3239	456	20	results	result	VERB
fsr-3239	456	21	.	.	PUNCT
fsr-3239	457	1	differences	difference	NOUN
fsr-3239	457	2	in	in	ADP
fsr-3239	457	3	our	our	PRON
fsr-3239	457	4	sample	sample	NOUN
fsr-3239	457	5	portfolios	portfolio	NOUN
fsr-3239	457	6	appear	appear	VERB
fsr-3239	457	7	to	to	PART
fsr-3239	457	8	be	be	AUX
fsr-3239	457	9	responsible	responsible	ADJ
fsr-3239	457	10	for	for	ADP
fsr-3239	457	11	this	this	DET
fsr-3239	457	12	outcome	outcome	NOUN
fsr-3239	457	13	.	.	PUNCT
fsr-3239	458	1	173d.s	173d.s	NUM
fsr-3239	458	2	.	.	PUNCT
fsr-3239	459	1	north	north	PROPN
fsr-3239	459	2	,	,	PUNCT
fsr-3239	459	3	j.l	j.l	PROPN
fsr-3239	459	4	.	.	PROPN
fsr-3239	459	5	stevens	stevens	PROPN
fsr-3239	459	6	/	/	SYM
fsr-3239	459	7	financial	financial	ADJ
fsr-3239	459	8	services	service	NOUN
fsr-3239	459	9	review	review	VERB
fsr-3239	459	10	24	24	NUM
fsr-3239	459	11	(	(	PUNCT
fsr-3239	459	12	2015	2015	NUM
fsr-3239	459	13	)	)	PUNCT
fsr-3239	459	14	157–176	157–176	NUM
fsr-3239	459	15	table	table	NOUN
fsr-3239	459	16	1	1	NUM
fsr-3239	459	17	illustrates	illustrate	VERB
fsr-3239	459	18	the	the	DET
fsr-3239	459	19	specific	specific	ADJ
fsr-3239	459	20	differences	difference	NOUN
fsr-3239	459	21	in	in	ADP
fsr-3239	459	22	our	our	PRON
fsr-3239	459	23	sample	sample	NOUN
fsr-3239	459	24	and	and	CCONJ
fsr-3239	459	25	the	the	DET
fsr-3239	459	26	s&c	s&c	PROPN
fsr-3239	459	27	sample	sample	NOUN
fsr-3239	459	28	but	but	CCONJ
fsr-3239	459	29	more	more	ADV
fsr-3239	459	30	specific	specific	ADJ
fsr-3239	459	31	analysis	analysis	NOUN
fsr-3239	459	32	of	of	ADP
fsr-3239	459	33	differences	difference	NOUN
fsr-3239	459	34	in	in	ADP
fsr-3239	459	35	samples	sample	NOUN
fsr-3239	459	36	for	for	ADP
fsr-3239	459	37	the	the	DET
fsr-3239	459	38	two	two	NUM
fsr-3239	459	39	studies	study	NOUN
fsr-3239	459	40	is	be	AUX
fsr-3239	459	41	available	available	ADJ
fsr-3239	459	42	upon	upon	SCONJ
fsr-3239	459	43	request	request	NOUN
fsr-3239	459	44	.	.	PUNCT
fsr-3239	460	1	5	5	NUM
fsr-3239	460	2	data	datum	NOUN
fsr-3239	460	3	for	for	ADP
fsr-3239	460	4	the	the	DET
fsr-3239	460	5	values	value	NOUN
fsr-3239	460	6	of	of	ADP
fsr-3239	460	7	smb	smb	PROPN
fsr-3239	460	8	and	and	CCONJ
fsr-3239	460	9	hml	hml	PROPN
fsr-3239	460	10	in	in	ADP
fsr-3239	460	11	the	the	DET
fsr-3239	460	12	three	three	NUM
fsr-3239	460	13	factor	factor	NOUN
fsr-3239	460	14	model	model	NOUN
fsr-3239	460	15	are	be	AUX
fsr-3239	460	16	available	available	ADJ
fsr-3239	460	17	in	in	ADP
fsr-3239	460	18	the	the	DET
fsr-3239	460	19	following	follow	VERB
fsr-3239	460	20	website	website	NOUN
fsr-3239	460	21	(	(	PUNCT
fsr-3239	460	22	hgttp://mba.tuck.dartmough.edu/pages/faculty/ken.french/data	hgttp://mba.tuck.dartmough.edu/pages/faculty/ken.french/data	X
fsr-3239	460	23	_	_	PRON
fsr-3239	460	24	library.html	library.html	NUM
fsr-3239	460	25	)	)	PUNCT
fsr-3239	460	26	.	.	PUNCT
fsr-3239	461	1	references	reference	NOUN
fsr-3239	461	2	anderson	anderson	PROPN
fsr-3239	461	3	,	,	PUNCT
fsr-3239	461	4	r.	r.	PROPN
fsr-3239	461	5	i.	i.	PROPN
fsr-3239	461	6	,	,	PUNCT
fsr-3239	461	7	&	&	CCONJ
fsr-3239	461	8	loviscek	loviscek	PROPN
fsr-3239	461	9	,	,	PUNCT
fsr-3239	461	10	a.	a.	PROPN
fsr-3239	461	11	l.	l.	PROPN
fsr-3239	461	12	(	(	PUNCT
fsr-3239	461	13	2005	2005	NUM
fsr-3239	461	14	)	)	PUNCT
fsr-3239	461	15	.	.	PUNCT
fsr-3239	462	1	in	in	ADP
fsr-3239	462	2	search	search	NOUN
fsr-3239	462	3	of	of	ADP
fsr-3239	462	4	information	information	NOUN
fsr-3239	462	5	content	content	NOUN
fsr-3239	462	6	:	:	PUNCT
fsr-3239	462	7	portfolio	portfolio	NOUN
fsr-3239	462	8	performance	performance	NOUN
fsr-3239	462	9	of	of	ADP
fsr-3239	462	10	the	the	DET
fsr-3239	462	11	100	100	NUM
fsr-3239	462	12	best	good	ADJ
fsr-3239	462	13	stocks	stock	NOUN
fsr-3239	462	14	to	to	PART
fsr-3239	462	15	own	own	VERB
fsr-3239	462	16	in	in	ADP
fsr-3239	462	17	america	america	PROPN
fsr-3239	462	18	.	.	PUNCT
fsr-3239	463	1	financial	financial	ADJ
fsr-3239	463	2	services	services	PROPN
fsr-3239	463	3	review	review	PROPN
fsr-3239	463	4	,	,	PUNCT
fsr-3239	463	5	14	14	NUM
fsr-3239	463	6	,	,	PUNCT
fsr-3239	463	7	97–109	97–109	NUM
fsr-3239	463	8	.	.	PUNCT
fsr-3239	464	1	arbel	arbel	PROPN
fsr-3239	464	2	,	,	PUNCT
fsr-3239	464	3	a.	a.	NOUN
fsr-3239	464	4	,	,	PUNCT
fsr-3239	464	5	&	&	CCONJ
fsr-3239	464	6	strebel	strebel	NOUN
fsr-3239	464	7	,	,	PUNCT
fsr-3239	464	8	p.	p.	NOUN
fsr-3239	464	9	(	(	PUNCT
fsr-3239	464	10	1983	1983	NUM
fsr-3239	464	11	)	)	PUNCT
fsr-3239	464	12	.	.	PUNCT
fsr-3239	465	1	pay	pay	VERB
fsr-3239	465	2	attention	attention	NOUN
fsr-3239	465	3	to	to	ADP
fsr-3239	465	4	the	the	DET
fsr-3239	465	5	neglected	neglect	VERB
fsr-3239	465	6	firm	firm	NOUN
fsr-3239	465	7	.	.	PUNCT
fsr-3239	466	1	journal	journal	PROPN
fsr-3239	466	2	of	of	ADP
fsr-3239	466	3	portfolio	portfolio	NOUN
fsr-3239	466	4	management	management	NOUN
fsr-3239	466	5	,	,	PUNCT
fsr-3239	466	6	9	9	NUM
fsr-3239	466	7	,	,	PUNCT
fsr-3239	466	8	37–42	37–42	NUM
fsr-3239	466	9	.	.	PUNCT
fsr-3239	466	10	banz	banz	PROPN
fsr-3239	466	11	,	,	PUNCT
fsr-3239	466	12	r.	r.	PROPN
fsr-3239	466	13	w.	w.	PROPN
fsr-3239	466	14	(	(	PUNCT
fsr-3239	466	15	1981	1981	NUM
fsr-3239	466	16	)	)	PUNCT
fsr-3239	466	17	.	.	PUNCT
fsr-3239	467	1	the	the	DET
fsr-3239	467	2	relationship	relationship	NOUN
fsr-3239	467	3	between	between	ADP
fsr-3239	467	4	returns	return	NOUN
fsr-3239	467	5	and	and	CCONJ
fsr-3239	467	6	market	market	NOUN
fsr-3239	467	7	value	value	NOUN
fsr-3239	467	8	of	of	ADP
fsr-3239	467	9	common	common	ADJ
fsr-3239	467	10	stock	stock	NOUN
fsr-3239	467	11	.	.	PUNCT
fsr-3239	468	1	journal	journal	PROPN
fsr-3239	468	2	of	of	ADP
fsr-3239	468	3	financial	financial	ADJ
fsr-3239	468	4	economics	economic	NOUN
fsr-3239	468	5	,	,	PUNCT
fsr-3239	468	6	9	9	NUM
fsr-3239	468	7	,	,	PUNCT
fsr-3239	468	8	3–18	3–18	PROPN
fsr-3239	468	9	.	.	PUNCT
fsr-3239	468	10	ball	ball	PROPN
fsr-3239	468	11	,	,	PUNCT
fsr-3239	468	12	r.	r.	PROPN
fsr-3239	468	13	(	(	PUNCT
fsr-3239	468	14	1978	1978	NUM
fsr-3239	468	15	)	)	PUNCT
fsr-3239	468	16	.	.	PUNCT
fsr-3239	469	1	anomalies	anomaly	NOUN
fsr-3239	469	2	in	in	ADP
fsr-3239	469	3	relationships	relationship	NOUN
fsr-3239	469	4	between	between	ADP
fsr-3239	469	5	securities	security	NOUN
fsr-3239	469	6	’	'	PUNCT
fsr-3239	469	7	yields	yield	NOUN
fsr-3239	469	8	and	and	CCONJ
fsr-3239	469	9	yield	yield	NOUN
fsr-3239	469	10	surrogates	surrogate	NOUN
fsr-3239	469	11	.	.	PUNCT
fsr-3239	470	1	journal	journal	NOUN
fsr-3239	470	2	of	of	ADP
fsr-3239	470	3	financial	financial	ADJ
fsr-3239	470	4	economics	economic	NOUN
fsr-3239	470	5	,	,	PUNCT
fsr-3239	470	6	6	6	NUM
fsr-3239	470	7	,	,	PUNCT
fsr-3239	470	8	103–126	103–126	NUM
fsr-3239	470	9	.	.	PUNCT
fsr-3239	471	1	ball	ball	PROPN
fsr-3239	471	2	,	,	PUNCT
fsr-3239	471	3	r.	r.	PROPN
fsr-3239	471	4	,	,	PUNCT
fsr-3239	471	5	&	&	CCONJ
fsr-3239	471	6	brown	brown	PROPN
fsr-3239	471	7	,	,	PUNCT
fsr-3239	471	8	p.	p.	NOUN
fsr-3239	471	9	(	(	PUNCT
fsr-3239	471	10	1968	1968	NUM
fsr-3239	471	11	)	)	PUNCT
fsr-3239	471	12	.	.	PUNCT
fsr-3239	472	1	an	an	DET
fsr-3239	472	2	empirical	empirical	ADJ
fsr-3239	472	3	evaluation	evaluation	NOUN
fsr-3239	472	4	of	of	ADP
fsr-3239	472	5	accounting	accounting	NOUN
fsr-3239	472	6	income	income	NOUN
fsr-3239	472	7	numbers	number	NOUN
fsr-3239	472	8	.	.	PUNCT
fsr-3239	473	1	journal	journal	NOUN
fsr-3239	473	2	of	of	ADP
fsr-3239	473	3	accounting	accounting	NOUN
fsr-3239	473	4	research	research	NOUN
fsr-3239	473	5	,	,	PUNCT
fsr-3239	473	6	6	6	NUM
fsr-3239	473	7	,	,	PUNCT
fsr-3239	473	8	159–178	159–178	NUM
fsr-3239	473	9	.	.	PUNCT
fsr-3239	474	1	barber	barber	NOUN
fsr-3239	474	2	,	,	PUNCT
fsr-3239	474	3	t.	t.	PROPN
fsr-3239	474	4	,	,	PUNCT
fsr-3239	474	5	&	&	CCONJ
fsr-3239	474	6	odean	odean	PROPN
fsr-3239	474	7	,	,	PUNCT
fsr-3239	474	8	b.	b.	PROPN
fsr-3239	474	9	(	(	PUNCT
fsr-3239	474	10	2000	2000	NUM
fsr-3239	474	11	)	)	PUNCT
fsr-3239	474	12	.	.	PUNCT
fsr-3239	475	1	trading	trading	NOUN
fsr-3239	475	2	is	be	AUX
fsr-3239	475	3	hazardous	hazardous	ADJ
fsr-3239	475	4	to	to	ADP
fsr-3239	475	5	your	your	PRON
fsr-3239	475	6	wealth	wealth	NOUN
fsr-3239	475	7	:	:	PUNCT
fsr-3239	475	8	the	the	DET
fsr-3239	475	9	adverse	adverse	ADJ
fsr-3239	475	10	stock	stock	NOUN
fsr-3239	475	11	investment	investment	NOUN
fsr-3239	475	12	performance	performance	NOUN
fsr-3239	475	13	of	of	ADP
fsr-3239	475	14	individual	individual	ADJ
fsr-3239	475	15	investors	investor	NOUN
fsr-3239	475	16	.	.	PUNCT
fsr-3239	476	1	journal	journal	PROPN
fsr-3239	476	2	of	of	ADP
fsr-3239	476	3	finance	finance	NOUN
fsr-3239	476	4	,	,	PUNCT
fsr-3239	476	5	55	55	NUM
fsr-3239	476	6	,	,	PUNCT
fsr-3239	476	7	773–806	773–806	NUM
fsr-3239	476	8	.	.	PUNCT
fsr-3239	477	1	basu	basu	PROPN
fsr-3239	477	2	,	,	PUNCT
fsr-3239	477	3	s.	s.	PROPN
fsr-3239	477	4	(	(	PUNCT
fsr-3239	477	5	1977	1977	NUM
fsr-3239	477	6	)	)	PUNCT
fsr-3239	477	7	.	.	PUNCT
fsr-3239	478	1	investment	investment	NOUN
fsr-3239	478	2	performance	performance	NOUN
fsr-3239	478	3	of	of	ADP
fsr-3239	478	4	common	common	ADJ
fsr-3239	478	5	stocks	stock	NOUN
fsr-3239	478	6	in	in	ADP
fsr-3239	478	7	relation	relation	NOUN
fsr-3239	478	8	to	to	ADP
fsr-3239	478	9	their	their	PRON
fsr-3239	478	10	price	price	NOUN
fsr-3239	478	11	-	-	PUNCT
fsr-3239	478	12	earnings	earning	NOUN
fsr-3239	478	13	ratios	ratio	NOUN
fsr-3239	478	14	:	:	PUNCT
fsr-3239	478	15	a	a	DET
fsr-3239	478	16	test	test	NOUN
fsr-3239	478	17	of	of	ADP
fsr-3239	478	18	the	the	DET
fsr-3239	478	19	efficient	efficient	ADJ
fsr-3239	478	20	market	market	NOUN
fsr-3239	478	21	hypothesis	hypothesis	NOUN
fsr-3239	478	22	.	.	PUNCT
fsr-3239	479	1	journal	journal	PROPN
fsr-3239	479	2	of	of	ADP
fsr-3239	479	3	finance	finance	NOUN
fsr-3239	479	4	,	,	PUNCT
fsr-3239	479	5	32	32	NUM
fsr-3239	479	6	,	,	PUNCT
fsr-3239	479	7	663–682	663–682	NUM
fsr-3239	479	8	.	.	PUNCT
fsr-3239	480	1	beltz	beltz	PROPN
fsr-3239	480	2	,	,	PUNCT
fsr-3239	480	3	j.	j.	PROPN
fsr-3239	480	4	,	,	PUNCT
fsr-3239	480	5	&	&	CCONJ
fsr-3239	480	6	jennings	jennings	PROPN
fsr-3239	480	7	,	,	PUNCT
fsr-3239	480	8	r.	r.	PROPN
fsr-3239	480	9	(	(	PUNCT
fsr-3239	480	10	1997	1997	NUM
fsr-3239	480	11	)	)	PUNCT
fsr-3239	480	12	.	.	PUNCT
fsr-3239	481	1	wall	wall	PROPN
fsr-3239	481	2	street	street	PROPN
fsr-3239	481	3	week	week	PROPN
fsr-3239	481	4	with	with	ADP
fsr-3239	481	5	louis	louis	PROPN
fsr-3239	481	6	rukheyser	rukheyser	NOUN
fsr-3239	481	7	recommendations	recommendation	NOUN
fsr-3239	481	8	:	:	PUNCT
fsr-3239	481	9	trading	trading	NOUN
fsr-3239	481	10	activity	activity	NOUN
fsr-3239	481	11	and	and	CCONJ
fsr-3239	481	12	performance	performance	NOUN
fsr-3239	481	13	.	.	PUNCT
fsr-3239	482	1	review	review	NOUN
fsr-3239	482	2	of	of	ADP
fsr-3239	482	3	financial	financial	ADJ
fsr-3239	482	4	economics	economic	NOUN
fsr-3239	482	5	,	,	PUNCT
fsr-3239	482	6	6	6	NUM
fsr-3239	482	7	,	,	PUNCT
fsr-3239	482	8	15–27	15–27	NUM
fsr-3239	482	9	.	.	PUNCT
fsr-3239	483	1	bessembinder	bessembinder	PROPN
fsr-3239	483	2	,	,	PUNCT
fsr-3239	483	3	h.	h.	PROPN
fsr-3239	483	4	,	,	PUNCT
fsr-3239	483	5	&	&	CCONJ
fsr-3239	483	6	chan	chan	PROPN
fsr-3239	483	7	,	,	PUNCT
fsr-3239	483	8	k.	k.	PROPN
fsr-3239	483	9	(	(	PUNCT
fsr-3239	483	10	1998	1998	NUM
fsr-3239	483	11	)	)	PUNCT
fsr-3239	483	12	.	.	PUNCT
fsr-3239	484	1	market	market	NOUN
fsr-3239	484	2	efficiency	efficiency	NOUN
fsr-3239	484	3	and	and	CCONJ
fsr-3239	484	4	returns	return	NOUN
fsr-3239	484	5	to	to	ADP
fsr-3239	484	6	technical	technical	ADJ
fsr-3239	484	7	analysis	analysis	NOUN
fsr-3239	484	8	.	.	PUNCT
fsr-3239	485	1	financial	financial	ADJ
fsr-3239	485	2	management	management	NOUN
fsr-3239	485	3	,	,	PUNCT
fsr-3239	485	4	27	27	NUM
fsr-3239	485	5	,	,	PUNCT
fsr-3239	485	6	5–17	5–17	PROPN
fsr-3239	485	7	.	.	PUNCT
fsr-3239	486	1	bodie	bodie	PROPN
fsr-3239	486	2	,	,	PUNCT
fsr-3239	486	3	z.	z.	PROPN
fsr-3239	486	4	,	,	PUNCT
fsr-3239	486	5	kane	kane	PROPN
fsr-3239	486	6	,	,	PUNCT
fsr-3239	486	7	a.	a.	PROPN
fsr-3239	486	8	,	,	PUNCT
fsr-3239	486	9	&	&	CCONJ
fsr-3239	486	10	marcus	marcus	PROPN
fsr-3239	486	11	,	,	PUNCT
fsr-3239	486	12	a.	a.	PROPN
fsr-3239	486	13	j.	j.	PROPN
fsr-3239	486	14	(	(	PUNCT
fsr-3239	486	15	2013	2013	NUM
fsr-3239	486	16	)	)	PUNCT
fsr-3239	486	17	.	.	PUNCT
fsr-3239	487	1	essentials	essential	NOUN
fsr-3239	487	2	of	of	ADP
fsr-3239	487	3	investments	investment	NOUN
fsr-3239	487	4	.	.	PUNCT
fsr-3239	488	1	new	new	PROPN
fsr-3239	488	2	york	york	PROPN
fsr-3239	488	3	,	,	PUNCT
fsr-3239	488	4	ny	ny	PROPN
fsr-3239	488	5	:	:	PUNCT
fsr-3239	488	6	mcgraw	mcgraw	PROPN
fsr-3239	488	7	-	-	PUNCT
fsr-3239	488	8	hill	hill	PROPN
fsr-3239	488	9	irwin	irwin	PROPN
fsr-3239	488	10	.	.	PUNCT
fsr-3239	489	1	bolsher	bolsher	PROPN
fsr-3239	489	2	,	,	PUNCT
fsr-3239	489	3	p.	p.	PROPN
fsr-3239	489	4	,	,	PUNCT
fsr-3239	489	5	trahan	trahan	PROPN
fsr-3239	489	6	,	,	PUNCT
fsr-3239	489	7	e.	e.	PROPN
fsr-3239	489	8	,	,	PUNCT
fsr-3239	489	9	&	&	CCONJ
fsr-3239	489	10	venkateswarren	venkateswarren	PROPN
fsr-3239	489	11	,	,	PUNCT
fsr-3239	489	12	a.	a.	NOUN
fsr-3239	489	13	(	(	PUNCT
fsr-3239	489	14	1998	1998	NUM
fsr-3239	489	15	)	)	PUNCT
fsr-3239	489	16	.	.	PUNCT
fsr-3239	490	1	how	how	SCONJ
fsr-3239	490	2	mad	mad	ADJ
fsr-3239	490	3	is	be	AUX
fsr-3239	490	4	mad	mad	ADJ
fsr-3239	490	5	money	money	NOUN
fsr-3239	490	6	?	?	PUNCT
fsr-3239	491	1	jim	jim	PROPN
fsr-3239	491	2	cramer	cramer	PROPN
fsr-3239	491	3	as	as	ADP
fsr-3239	491	4	a	a	DET
fsr-3239	491	5	stock	stock	NOUN
fsr-3239	491	6	picker	picker	NOUN
fsr-3239	491	7	and	and	CCONJ
fsr-3239	491	8	portfolio	portfolio	NOUN
fsr-3239	491	9	manager	manager	NOUN
fsr-3239	491	10	.	.	PUNCT
fsr-3239	492	1	journal	journal	PROPN
fsr-3239	492	2	of	of	ADP
fsr-3239	492	3	investing	investing	NOUN
fsr-3239	492	4	,	,	PUNCT
fsr-3239	492	5	21	21	NUM
fsr-3239	492	6	,	,	PUNCT
fsr-3239	492	7	27–39	27–39	NUM
fsr-3239	492	8	.	.	PUNCT
fsr-3239	493	1	brennan	brennan	PROPN
fsr-3239	493	2	,	,	PUNCT
fsr-3239	493	3	m.	m.	NOUN
fsr-3239	493	4	j.	j.	PROPN
fsr-3239	493	5	(	(	PUNCT
fsr-3239	493	6	1995	1995	NUM
fsr-3239	493	7	)	)	PUNCT
fsr-3239	493	8	.	.	PUNCT
fsr-3239	494	1	a	a	DET
fsr-3239	494	2	perspective	perspective	NOUN
fsr-3239	494	3	on	on	ADP
fsr-3239	494	4	accounting	accounting	NOUN
fsr-3239	494	5	and	and	CCONJ
fsr-3239	494	6	stock	stock	NOUN
fsr-3239	494	7	prices	price	NOUN
fsr-3239	494	8	.	.	PUNCT
fsr-3239	495	1	journal	journal	NOUN
fsr-3239	495	2	of	of	ADP
fsr-3239	495	3	applied	apply	VERB
fsr-3239	495	4	corporate	corporate	ADJ
fsr-3239	495	5	finance	finance	NOUN
fsr-3239	495	6	,	,	PUNCT
fsr-3239	495	7	8	8	NUM
fsr-3239	495	8	,	,	PUNCT
fsr-3239	495	9	43–52	43–52	NUM
fsr-3239	495	10	.	.	PUNCT
fsr-3239	495	11	brush	brush	PROPN
fsr-3239	495	12	,	,	PUNCT
fsr-3239	495	13	j.	j.	PROPN
fsr-3239	495	14	s.	s.	PROPN
fsr-3239	495	15	(	(	PUNCT
fsr-3239	495	16	1986	1986	NUM
fsr-3239	495	17	)	)	PUNCT
fsr-3239	495	18	.	.	PUNCT
fsr-3239	496	1	eight	eight	NUM
fsr-3239	496	2	relative	relative	ADJ
fsr-3239	496	3	strength	strength	NOUN
fsr-3239	496	4	models	model	NOUN
fsr-3239	496	5	compared	compare	VERB
fsr-3239	496	6	.	.	PUNCT
fsr-3239	497	1	journal	journal	PROPN
fsr-3239	497	2	of	of	ADP
fsr-3239	497	3	portfolio	portfolio	NOUN
fsr-3239	497	4	management	management	NOUN
fsr-3239	497	5	,	,	PUNCT
fsr-3239	497	6	13	13	NUM
fsr-3239	497	7	,	,	PUNCT
fsr-3239	497	8	21–28	21–28	NUM
fsr-3239	497	9	.	.	PUNCT
fsr-3239	498	1	campbell	campbell	PROPN
fsr-3239	498	2	,	,	PUNCT
fsr-3239	498	3	j.	j.	PROPN
fsr-3239	498	4	,	,	PUNCT
fsr-3239	498	5	grossman	grossman	PROPN
fsr-3239	498	6	,	,	PUNCT
fsr-3239	498	7	s.	s.	PROPN
fsr-3239	498	8	,	,	PUNCT
fsr-3239	498	9	&	&	CCONJ
fsr-3239	498	10	wang	wang	PROPN
fsr-3239	498	11	,	,	PUNCT
fsr-3239	498	12	j.	j.	PROPN
fsr-3239	498	13	(	(	PUNCT
fsr-3239	498	14	1993	1993	NUM
fsr-3239	498	15	)	)	PUNCT
fsr-3239	498	16	.	.	PUNCT
fsr-3239	499	1	trading	trading	NOUN
fsr-3239	499	2	volume	volume	NOUN
fsr-3239	499	3	and	and	CCONJ
fsr-3239	499	4	serial	serial	ADJ
fsr-3239	499	5	correlation	correlation	NOUN
fsr-3239	499	6	in	in	ADP
fsr-3239	499	7	stock	stock	NOUN
fsr-3239	499	8	returns	return	NOUN
fsr-3239	499	9	.	.	PUNCT
fsr-3239	500	1	quarterly	quarterly	ADJ
fsr-3239	500	2	journal	journal	NOUN
fsr-3239	500	3	of	of	ADP
fsr-3239	500	4	economics	economic	NOUN
fsr-3239	500	5	,	,	PUNCT
fsr-3239	500	6	108	108	NUM
fsr-3239	500	7	,	,	PUNCT
fsr-3239	500	8	905–934	905–934	NUM
fsr-3239	500	9	.	.	PUNCT
fsr-3239	501	1	campbell	campbell	PROPN
fsr-3239	501	2	,	,	PUNCT
fsr-3239	501	3	j.	j.	PROPN
fsr-3239	501	4	,	,	PUNCT
fsr-3239	501	5	&	&	CCONJ
fsr-3239	501	6	shiller	shiller	PROPN
fsr-3239	501	7	,	,	PUNCT
fsr-3239	501	8	r.	r.	PROPN
fsr-3239	501	9	(	(	PUNCT
fsr-3239	501	10	1998	1998	NUM
fsr-3239	501	11	)	)	PUNCT
fsr-3239	501	12	.	.	PUNCT
fsr-3239	502	1	stock	stock	NOUN
fsr-3239	502	2	prices	price	NOUN
fsr-3239	502	3	,	,	PUNCT
fsr-3239	502	4	earnings	earning	NOUN
fsr-3239	502	5	and	and	CCONJ
fsr-3239	502	6	expected	expect	VERB
fsr-3239	502	7	dividends	dividend	NOUN
fsr-3239	502	8	.	.	PUNCT
fsr-3239	503	1	journal	journal	PROPN
fsr-3239	503	2	of	of	ADP
fsr-3239	503	3	finance	finance	NOUN
fsr-3239	503	4	,	,	PUNCT
fsr-3239	503	5	43	43	NUM
fsr-3239	503	6	,	,	PUNCT
fsr-3239	503	7	661–676	661–676	NUM
fsr-3239	503	8	.	.	PUNCT
fsr-3239	504	1	campbell	campbell	PROPN
fsr-3239	504	2	,	,	PUNCT
fsr-3239	504	3	j.	j.	PROPN
fsr-3239	504	4	w.	w.	PROPN
fsr-3239	504	5	,	,	PUNCT
fsr-3239	504	6	lo	lo	PROPN
fsr-3239	504	7	,	,	PUNCT
fsr-3239	504	8	a.	a.	PROPN
fsr-3239	504	9	w.	w.	PROPN
fsr-3239	504	10	,	,	PUNCT
fsr-3239	504	11	&	&	CCONJ
fsr-3239	504	12	mackinney	mackinney	PROPN
fsr-3239	504	13	,	,	PUNCT
fsr-3239	504	14	a.	a.	PROPN
fsr-3239	504	15	c.	c.	PROPN
fsr-3239	504	16	(	(	PUNCT
fsr-3239	504	17	1997	1997	NUM
fsr-3239	504	18	)	)	PUNCT
fsr-3239	504	19	.	.	PUNCT
fsr-3239	505	1	the	the	DET
fsr-3239	505	2	econometrics	econometric	NOUN
fsr-3239	505	3	of	of	ADP
fsr-3239	505	4	financial	financial	ADJ
fsr-3239	505	5	markets	market	NOUN
fsr-3239	505	6	.	.	PUNCT
fsr-3239	506	1	princeton	princeton	PROPN
fsr-3239	506	2	,	,	PUNCT
fsr-3239	506	3	nj	nj	PROPN
fsr-3239	506	4	:	:	PUNCT
fsr-3239	506	5	princeton	princeton	PROPN
fsr-3239	506	6	university	university	PROPN
fsr-3239	506	7	press	press	NOUN
fsr-3239	506	8	.	.	PUNCT
fsr-3239	507	1	choi	choi	PROPN
fsr-3239	507	2	,	,	PUNCT
fsr-3239	507	3	j.	j.	PROPN
fsr-3239	507	4	j.	j.	PROPN
fsr-3239	507	5	(	(	PUNCT
fsr-3239	507	6	2000	2000	NUM
fsr-3239	507	7	)	)	PUNCT
fsr-3239	507	8	.	.	PUNCT
fsr-3239	508	1	the	the	DET
fsr-3239	508	2	value	value	NOUN
fsr-3239	508	3	line	line	NOUN
fsr-3239	508	4	enigma	enigma	VERB
fsr-3239	508	5	:	:	PUNCT
fsr-3239	508	6	the	the	DET
fsr-3239	508	7	sum	sum	NOUN
fsr-3239	508	8	of	of	ADP
fsr-3239	508	9	known	know	VERB
fsr-3239	508	10	parts	part	NOUN
fsr-3239	508	11	?	?	PUNCT
fsr-3239	509	1	journal	journal	NOUN
fsr-3239	509	2	of	of	ADP
fsr-3239	509	3	quantitative	quantitative	ADJ
fsr-3239	509	4	analysis	analysis	NOUN
fsr-3239	509	5	,	,	PUNCT
fsr-3239	509	6	35	35	NUM
fsr-3239	509	7	,	,	PUNCT
fsr-3239	509	8	485–498	485–498	NUM
fsr-3239	509	9	.	.	PUNCT
fsr-3239	510	1	conrad	conrad	PROPN
fsr-3239	510	2	,	,	PUNCT
fsr-3239	510	3	j.	j.	PROPN
fsr-3239	510	4	,	,	PUNCT
fsr-3239	510	5	&	&	CCONJ
fsr-3239	510	6	kaul	kaul	PROPN
fsr-3239	510	7	,	,	PUNCT
fsr-3239	510	8	g.	g.	PROPN
fsr-3239	510	9	(	(	PUNCT
fsr-3239	510	10	1988	1988	NUM
fsr-3239	510	11	)	)	PUNCT
fsr-3239	510	12	.	.	PUNCT
fsr-3239	511	1	time	time	NOUN
fsr-3239	511	2	variation	variation	NOUN
fsr-3239	511	3	in	in	ADP
fsr-3239	511	4	expected	expect	VERB
fsr-3239	511	5	returns	return	NOUN
fsr-3239	511	6	.	.	PUNCT
fsr-3239	512	1	journal	journal	NOUN
fsr-3239	512	2	of	of	ADP
fsr-3239	512	3	business	business	NOUN
fsr-3239	512	4	,	,	PUNCT
fsr-3239	512	5	61	61	NUM
fsr-3239	512	6	,	,	PUNCT
fsr-3239	512	7	409–425	409–425	NUM
fsr-3239	512	8	.	.	PUNCT
fsr-3239	513	1	dreman	dreman	NOUN
fsr-3239	513	2	,	,	PUNCT
fsr-3239	513	3	d.	d.	PROPN
fsr-3239	513	4	n.	n.	PROPN
fsr-3239	513	5	,	,	PUNCT
fsr-3239	513	6	&	&	CCONJ
fsr-3239	513	7	berry	berry	PROPN
fsr-3239	513	8	,	,	PUNCT
fsr-3239	513	9	m.	m.	NOUN
fsr-3239	513	10	a.	a.	NOUN
fsr-3239	513	11	(	(	PUNCT
fsr-3239	513	12	1995	1995	NUM
fsr-3239	513	13	)	)	PUNCT
fsr-3239	513	14	.	.	PUNCT
fsr-3239	514	1	overreaction	overreaction	NOUN
fsr-3239	514	2	,	,	PUNCT
fsr-3239	514	3	uderreaction	uderreaction	NOUN
fsr-3239	514	4	,	,	PUNCT
fsr-3239	514	5	and	and	CCONJ
fsr-3239	514	6	the	the	DET
fsr-3239	514	7	low	low	ADJ
fsr-3239	514	8	-	-	PUNCT
fsr-3239	514	9	p	p	NOUN
fsr-3239	514	10	/	/	SYM
fsr-3239	514	11	e	e	NOUN
fsr-3239	514	12	effect	effect	NOUN
fsr-3239	514	13	.	.	PUNCT
fsr-3239	515	1	financial	financial	ADJ
fsr-3239	515	2	analysts	analyst	NOUN
fsr-3239	515	3	journal	journal	NOUN
fsr-3239	515	4	,	,	PUNCT
fsr-3239	515	5	51	51	NUM
fsr-3239	515	6	,	,	PUNCT
fsr-3239	515	7	21–30	21–30	NUM
fsr-3239	515	8	.	.	PUNCT
fsr-3239	516	1	debondt	debondt	PROPN
fsr-3239	516	2	,	,	PUNCT
fsr-3239	516	3	w.	w.	PROPN
fsr-3239	516	4	f.	f.	PROPN
fsr-3239	516	5	m.	m.	PROPN
fsr-3239	516	6	,	,	PUNCT
fsr-3239	516	7	&	&	CCONJ
fsr-3239	516	8	thaler	thaler	PROPN
fsr-3239	516	9	,	,	PUNCT
fsr-3239	516	10	r.	r.	PROPN
fsr-3239	516	11	h.	h.	PROPN
fsr-3239	516	12	(	(	PUNCT
fsr-3239	516	13	1985	1985	NUM
fsr-3239	516	14	)	)	PUNCT
fsr-3239	516	15	.	.	PUNCT
fsr-3239	517	1	does	do	VERB
fsr-3239	517	2	the	the	DET
fsr-3239	517	3	stock	stock	NOUN
fsr-3239	517	4	market	market	NOUN
fsr-3239	517	5	overreact	overreact	NOUN
fsr-3239	517	6	?	?	PUNCT
fsr-3239	518	1	journal	journal	NOUN
fsr-3239	518	2	of	of	ADP
fsr-3239	518	3	finance	finance	NOUN
fsr-3239	518	4	,	,	PUNCT
fsr-3239	518	5	40	40	NUM
fsr-3239	518	6	,	,	PUNCT
fsr-3239	518	7	793–805	793–805	NUM
fsr-3239	518	8	.	.	PUNCT
fsr-3239	519	1	debondt	debondt	PROPN
fsr-3239	519	2	,	,	PUNCT
fsr-3239	519	3	w.	w.	PROPN
fsr-3239	519	4	f.	f.	PROPN
fsr-3239	519	5	m.	m.	PROPN
fsr-3239	519	6	,	,	PUNCT
fsr-3239	519	7	&	&	CCONJ
fsr-3239	519	8	thaler	thaler	PROPN
fsr-3239	519	9	,	,	PUNCT
fsr-3239	519	10	r.	r.	PROPN
fsr-3239	519	11	(	(	PUNCT
fsr-3239	519	12	1987	1987	NUM
fsr-3239	519	13	)	)	PUNCT
fsr-3239	519	14	.	.	PUNCT
fsr-3239	520	1	further	further	ADJ
fsr-3239	520	2	evidence	evidence	NOUN
fsr-3239	520	3	of	of	ADP
fsr-3239	520	4	stock	stock	NOUN
fsr-3239	520	5	market	market	NOUN
fsr-3239	520	6	overreaction	overreaction	NOUN
fsr-3239	520	7	and	and	CCONJ
fsr-3239	520	8	market	market	NOUN
fsr-3239	520	9	seasonality	seasonality	NOUN
fsr-3239	520	10	.	.	PUNCT
fsr-3239	521	1	journal	journal	PROPN
fsr-3239	521	2	of	of	ADP
fsr-3239	521	3	finance	finance	NOUN
fsr-3239	521	4	,	,	PUNCT
fsr-3239	521	5	42	42	NUM
fsr-3239	521	6	,	,	PUNCT
fsr-3239	521	7	557–581	557–581	NUM
fsr-3239	521	8	.	.	PUNCT
fsr-3239	522	1	desai	desai	PROPN
fsr-3239	522	2	,	,	PUNCT
fsr-3239	522	3	h.	h.	PROPN
fsr-3239	522	4	,	,	PUNCT
fsr-3239	522	5	&	&	CCONJ
fsr-3239	522	6	jain	jain	PROPN
fsr-3239	522	7	,	,	PUNCT
fsr-3239	522	8	p.	p.	PROPN
fsr-3239	522	9	c.	c.	PROPN
fsr-3239	522	10	(	(	PUNCT
fsr-3239	522	11	1995	1995	NUM
fsr-3239	522	12	)	)	PUNCT
fsr-3239	522	13	.	.	PUNCT
fsr-3239	523	1	an	an	DET
fsr-3239	523	2	analysis	analysis	NOUN
fsr-3239	523	3	of	of	ADP
fsr-3239	523	4	recommendations	recommendation	NOUN
fsr-3239	523	5	of	of	ADP
fsr-3239	523	6	“	"	PUNCT
fsr-3239	523	7	superstar	superstar	NOUN
fsr-3239	523	8	”	"	PUNCT
fsr-3239	523	9	money	money	NOUN
fsr-3239	523	10	managers	manager	NOUN
fsr-3239	523	11	at	at	ADP
fsr-3239	523	12	barron	barron	PROPN
fsr-3239	523	13	’s	’s	PART
fsr-3239	523	14	annual	annual	ADJ
fsr-3239	523	15	roundtable	roundtable	NOUN
fsr-3239	523	16	.	.	PUNCT
fsr-3239	524	1	journal	journal	PROPN
fsr-3239	524	2	of	of	ADP
fsr-3239	524	3	finance	finance	NOUN
fsr-3239	524	4	,	,	PUNCT
fsr-3239	524	5	50	50	NUM
fsr-3239	524	6	,	,	PUNCT
fsr-3239	524	7	1257–1273	1257–1273	NUM
fsr-3239	524	8	.	.	PUNCT
fsr-3239	525	1	fama	fama	PROPN
fsr-3239	525	2	,	,	PUNCT
fsr-3239	525	3	e.	e.	PROPN
fsr-3239	525	4	(	(	PUNCT
fsr-3239	525	5	1970	1970	NUM
fsr-3239	525	6	)	)	PUNCT
fsr-3239	525	7	.	.	PUNCT
fsr-3239	526	1	efficient	efficient	ADJ
fsr-3239	526	2	capital	capital	NOUN
fsr-3239	526	3	markets	market	NOUN
fsr-3239	526	4	:	:	PUNCT
fsr-3239	526	5	a	a	DET
fsr-3239	526	6	review	review	NOUN
fsr-3239	526	7	of	of	ADP
fsr-3239	526	8	theory	theory	NOUN
fsr-3239	526	9	and	and	CCONJ
fsr-3239	526	10	empirical	empirical	ADJ
fsr-3239	526	11	work	work	NOUN
fsr-3239	526	12	.	.	PUNCT
fsr-3239	527	1	journal	journal	PROPN
fsr-3239	527	2	of	of	ADP
fsr-3239	527	3	finance	finance	NOUN
fsr-3239	527	4	,	,	PUNCT
fsr-3239	527	5	25	25	NUM
fsr-3239	527	6	,	,	PUNCT
fsr-3239	527	7	383–417	383–417	NUM
fsr-3239	527	8	.	.	PUNCT
fsr-3239	528	1	174	174	NUM
fsr-3239	528	2	d.s	d.s	PROPN
fsr-3239	528	3	.	.	PROPN
fsr-3239	528	4	north	north	PROPN
fsr-3239	528	5	,	,	PUNCT
fsr-3239	528	6	j.l	j.l	PROPN
fsr-3239	528	7	.	.	PROPN
fsr-3239	528	8	stevens	stevens	PROPN
fsr-3239	528	9	/	/	SYM
fsr-3239	528	10	financial	financial	ADJ
fsr-3239	528	11	services	service	NOUN
fsr-3239	528	12	review	review	VERB
fsr-3239	528	13	24	24	NUM
fsr-3239	528	14	(	(	PUNCT
fsr-3239	528	15	2015	2015	NUM
fsr-3239	528	16	)	)	PUNCT
fsr-3239	529	1	157–176	157–176	NUM
fsr-3239	529	2	fama	fama	NOUN
fsr-3239	529	3	,	,	PUNCT
fsr-3239	529	4	e.	e.	PROPN
fsr-3239	529	5	,	,	PUNCT
fsr-3239	529	6	fisher	fisher	PROPN
fsr-3239	529	7	,	,	PUNCT
fsr-3239	529	8	l.	l.	PROPN
fsr-3239	529	9	,	,	PUNCT
fsr-3239	529	10	jensen	jensen	PROPN
fsr-3239	529	11	,	,	PUNCT
fsr-3239	529	12	m.	m.	NOUN
fsr-3239	529	13	,	,	PUNCT
fsr-3239	529	14	&	&	CCONJ
fsr-3239	529	15	roll	roll	PROPN
fsr-3239	529	16	,	,	PUNCT
fsr-3239	529	17	r.	r.	PROPN
fsr-3239	529	18	(	(	PUNCT
fsr-3239	529	19	1969	1969	NUM
fsr-3239	529	20	)	)	PUNCT
fsr-3239	529	21	.	.	PUNCT
fsr-3239	530	1	the	the	DET
fsr-3239	530	2	adjustment	adjustment	NOUN
fsr-3239	530	3	of	of	ADP
fsr-3239	530	4	stock	stock	NOUN
fsr-3239	530	5	prices	price	NOUN
fsr-3239	530	6	to	to	ADP
fsr-3239	530	7	new	new	ADJ
fsr-3239	530	8	information	information	NOUN
fsr-3239	530	9	.	.	PUNCT
fsr-3239	531	1	international	international	ADJ
fsr-3239	531	2	economic	economic	ADJ
fsr-3239	531	3	review	review	NOUN
fsr-3239	531	4	,	,	PUNCT
fsr-3239	531	5	10	10	NUM
fsr-3239	531	6	,	,	PUNCT
fsr-3239	531	7	1–21	1–21	PROPN
fsr-3239	531	8	.	.	PUNCT
fsr-3239	532	1	fama	fama	PROPN
fsr-3239	532	2	,	,	PUNCT
fsr-3239	532	3	e.	e.	PROPN
fsr-3239	532	4	f.	f.	PROPN
fsr-3239	532	5	,	,	PUNCT
fsr-3239	532	6	&	&	CCONJ
fsr-3239	532	7	french	french	PROPN
fsr-3239	532	8	,	,	PUNCT
fsr-3239	532	9	k.	k.	PROPN
fsr-3239	532	10	r.	r.	PROPN
fsr-3239	532	11	(	(	PUNCT
fsr-3239	532	12	1996	1996	NUM
fsr-3239	532	13	)	)	PUNCT
fsr-3239	532	14	.	.	PUNCT
fsr-3239	533	1	multifactor	multifactor	NOUN
fsr-3239	533	2	explanations	explanation	NOUN
fsr-3239	533	3	of	of	ADP
fsr-3239	533	4	asset	asset	NOUN
fsr-3239	533	5	pricing	pricing	NOUN
fsr-3239	533	6	anomalies	anomaly	NOUN
fsr-3239	533	7	.	.	PUNCT
fsr-3239	534	1	journal	journal	PROPN
fsr-3239	534	2	of	of	ADP
fsr-3239	534	3	finance	finance	NOUN
fsr-3239	534	4	,	,	PUNCT
fsr-3239	534	5	51	51	NUM
fsr-3239	534	6	,	,	PUNCT
fsr-3239	534	7	55–84	55–84	NOUN
fsr-3239	534	8	.	.	PUNCT
fsr-3239	535	1	fama	fama	PROPN
fsr-3239	535	2	,	,	PUNCT
fsr-3239	535	3	e.	e.	PROPN
fsr-3239	535	4	,	,	PUNCT
fsr-3239	535	5	&	&	CCONJ
fsr-3239	535	6	macbeth	macbeth	PROPN
fsr-3239	535	7	,	,	PUNCT
fsr-3239	535	8	j.	j.	PROPN
fsr-3239	535	9	(	(	PUNCT
fsr-3239	535	10	1973	1973	NUM
fsr-3239	535	11	)	)	PUNCT
fsr-3239	535	12	.	.	PUNCT
fsr-3239	536	1	risk	risk	NOUN
fsr-3239	536	2	return	return	NOUN
fsr-3239	536	3	and	and	CCONJ
fsr-3239	536	4	equilibrium	equilibrium	NOUN
fsr-3239	536	5	:	:	PUNCT
fsr-3239	536	6	empirical	empirical	ADJ
fsr-3239	536	7	tests	test	NOUN
fsr-3239	536	8	.	.	PUNCT
fsr-3239	537	1	journal	journal	NOUN
fsr-3239	537	2	of	of	ADP
fsr-3239	537	3	political	political	ADJ
fsr-3239	537	4	economy	economy	NOUN
fsr-3239	537	5	,	,	PUNCT
fsr-3239	537	6	81	81	NUM
fsr-3239	537	7	,	,	PUNCT
fsr-3239	537	8	607–636	607–636	NUM
fsr-3239	537	9	.	.	PUNCT
fsr-3239	538	1	ferreira	ferreira	PROPN
fsr-3239	538	2	,	,	PUNCT
fsr-3239	538	3	e.	e.	PROPN
fsr-3239	538	4	j.	j.	PROPN
fsr-3239	538	5	,	,	PUNCT
fsr-3239	538	6	&	&	CCONJ
fsr-3239	538	7	smith	smith	PROPN
fsr-3239	538	8	,	,	PUNCT
fsr-3239	538	9	s.	s.	PROPN
fsr-3239	538	10	d.	d.	PROPN
fsr-3239	538	11	(	(	PUNCT
fsr-3239	538	12	2003	2003	NUM
fsr-3239	538	13	)	)	PUNCT
fsr-3239	538	14	.	.	PUNCT
fsr-3239	539	1	“	"	PUNCT
fsr-3239	539	2	wall	wall	PROPN
fsr-3239	539	3	street	street	PROPN
fsr-3239	539	4	week	week	PROPN
fsr-3239	539	5	”	"	PUNCT
fsr-3239	539	6	:	:	PUNCT
fsr-3239	539	7	information	information	NOUN
fsr-3239	539	8	or	or	CCONJ
fsr-3239	539	9	entertainment	entertainment	NOUN
fsr-3239	539	10	?	?	PUNCT
fsr-3239	540	1	financial	financial	ADJ
fsr-3239	540	2	analysts	analyst	NOUN
fsr-3239	540	3	journal	journal	NOUN
fsr-3239	540	4	,	,	PUNCT
fsr-3239	540	5	59	59	NUM
fsr-3239	540	6	,	,	PUNCT
fsr-3239	540	7	45–53	45–53	NUM
fsr-3239	540	8	.	.	PUNCT
fsr-3239	541	1	griffin	griffin	PROPN
fsr-3239	541	2	,	,	PUNCT
fsr-3239	541	3	p.	p.	NOUN
fsr-3239	541	4	a.	a.	PROPN
fsr-3239	541	5	,	,	PUNCT
fsr-3239	541	6	james	james	PROPN
fsr-3239	541	7	,	,	PUNCT
fsr-3239	541	8	j.	j.	PROPN
fsr-3239	541	9	j.	j.	PROPN
fsr-3239	541	10	,	,	PUNCT
fsr-3239	541	11	&	&	CCONJ
fsr-3239	541	12	zmijewski	zmijewski	PROPN
fsr-3239	541	13	,	,	PUNCT
fsr-3239	541	14	m.	m.	PROPN
fsr-3239	541	15	e.	e.	PROPN
fsr-3239	541	16	(	(	PUNCT
fsr-3239	541	17	1995	1995	NUM
fsr-3239	541	18	)	)	PUNCT
fsr-3239	541	19	.	.	PUNCT
fsr-3239	542	1	how	how	SCONJ
fsr-3239	542	2	useful	useful	ADJ
fsr-3239	542	3	are	be	AUX
fsr-3239	542	4	wall	wall	PROPN
fsr-3239	542	5	street	street	PROPN
fsr-3239	542	6	week	week	NOUN
fsr-3239	542	7	stock	stock	NOUN
fsr-3239	542	8	recommendations	recommendation	NOUN
fsr-3239	542	9	?	?	PUNCT
fsr-3239	543	1	journal	journal	NOUN
fsr-3239	543	2	of	of	ADP
fsr-3239	543	3	financial	financial	ADJ
fsr-3239	543	4	statement	statement	NOUN
fsr-3239	543	5	analysis	analysis	NOUN
fsr-3239	543	6	,	,	PUNCT
fsr-3239	543	7	1	1	NUM
fsr-3239	543	8	,	,	PUNCT
fsr-3239	543	9	33–52	33–52	NUM
fsr-3239	543	10	.	.	PUNCT
fsr-3239	544	1	hirchleifer	hirchleifer	NOUN
fsr-3239	544	2	,	,	PUNCT
fsr-3239	544	3	d.	d.	PROPN
fsr-3239	544	4	(	(	PUNCT
fsr-3239	544	5	2001	2001	NUM
fsr-3239	544	6	)	)	PUNCT
fsr-3239	544	7	.	.	PUNCT
fsr-3239	545	1	investor	investor	NOUN
fsr-3239	545	2	psychology	psychology	NOUN
fsr-3239	545	3	and	and	CCONJ
fsr-3239	545	4	asset	asset	NOUN
fsr-3239	545	5	pricing	pricing	NOUN
fsr-3239	545	6	.	.	PUNCT
fsr-3239	546	1	journal	journal	PROPN
fsr-3239	546	2	of	of	ADP
fsr-3239	546	3	finance	finance	NOUN
fsr-3239	546	4	,	,	PUNCT
fsr-3239	546	5	56	56	NUM
fsr-3239	546	6	,	,	PUNCT
fsr-3239	546	7	1533–1597	1533–1597	NUM
fsr-3239	546	8	.	.	PUNCT
fsr-3239	547	1	jegadeesh	jegadeesh	NOUN
fsr-3239	547	2	,	,	PUNCT
fsr-3239	547	3	n.	n.	PROPN
fsr-3239	547	4	(	(	PUNCT
fsr-3239	547	5	1990	1990	NUM
fsr-3239	547	6	)	)	PUNCT
fsr-3239	547	7	.	.	PUNCT
fsr-3239	548	1	evidence	evidence	NOUN
fsr-3239	548	2	of	of	ADP
fsr-3239	548	3	predictable	predictable	ADJ
fsr-3239	548	4	behavior	behavior	NOUN
fsr-3239	548	5	of	of	ADP
fsr-3239	548	6	security	security	NOUN
fsr-3239	548	7	returns	return	NOUN
fsr-3239	548	8	.	.	PUNCT
fsr-3239	549	1	journal	journal	NOUN
fsr-3239	549	2	of	of	ADP
fsr-3239	549	3	finance	finance	NOUN
fsr-3239	549	4	,	,	PUNCT
fsr-3239	549	5	45	45	NUM
fsr-3239	549	6	,	,	PUNCT
fsr-3239	549	7	881	881	NUM
fsr-3239	549	8	–	–	PUNCT
fsr-3239	549	9	898	898	NUM
fsr-3239	549	10	.	.	PUNCT
fsr-3239	550	1	jegadeesh	jegadeesh	NOUN
fsr-3239	550	2	,	,	PUNCT
fsr-3239	550	3	n.	n.	NOUN
fsr-3239	550	4	,	,	PUNCT
fsr-3239	550	5	&	&	CCONJ
fsr-3239	550	6	titman	titman	PROPN
fsr-3239	550	7	,	,	PUNCT
fsr-3239	550	8	s.	s.	PROPN
fsr-3239	550	9	(	(	PUNCT
fsr-3239	550	10	1993	1993	NUM
fsr-3239	550	11	)	)	PUNCT
fsr-3239	550	12	.	.	PUNCT
fsr-3239	551	1	returns	return	NOUN
fsr-3239	551	2	to	to	ADP
fsr-3239	551	3	buying	buy	VERB
fsr-3239	551	4	winners	winner	NOUN
fsr-3239	551	5	and	and	CCONJ
fsr-3239	551	6	selling	sell	VERB
fsr-3239	551	7	losers	loser	NOUN
fsr-3239	551	8	:	:	PUNCT
fsr-3239	551	9	implications	implication	NOUN
fsr-3239	551	10	for	for	ADP
fsr-3239	551	11	stock	stock	NOUN
fsr-3239	551	12	market	market	NOUN
fsr-3239	551	13	efficiency	efficiency	NOUN
fsr-3239	551	14	.	.	PUNCT
fsr-3239	552	1	journal	journal	PROPN
fsr-3239	552	2	of	of	ADP
fsr-3239	552	3	finance	finance	NOUN
fsr-3239	552	4	,	,	PUNCT
fsr-3239	552	5	48	48	NUM
fsr-3239	552	6	,	,	PUNCT
fsr-3239	552	7	65–91	65–91	NUM
fsr-3239	552	8	.	.	PUNCT
fsr-3239	553	1	jegadeesh	jegadeesh	PROPN
fsr-3239	553	2	,	,	PUNCT
fsr-3239	553	3	n.	n.	PROPN
fsr-3239	553	4	,	,	PUNCT
fsr-3239	553	5	&	&	CCONJ
fsr-3239	553	6	titman	titman	PROPN
fsr-3239	553	7	,	,	PUNCT
fsr-3239	553	8	s.	s.	PROPN
fsr-3239	553	9	(	(	PUNCT
fsr-3239	553	10	2001	2001	NUM
fsr-3239	553	11	)	)	PUNCT
fsr-3239	553	12	.	.	PUNCT
fsr-3239	554	1	profitability	profitability	NOUN
fsr-3239	554	2	of	of	ADP
fsr-3239	554	3	momentum	momentum	NOUN
fsr-3239	554	4	strategies	strategy	NOUN
fsr-3239	554	5	:	:	PUNCT
fsr-3239	554	6	an	an	DET
fsr-3239	554	7	evaluation	evaluation	NOUN
fsr-3239	554	8	of	of	ADP
fsr-3239	554	9	alternative	alternative	ADJ
fsr-3239	554	10	explanations	explanation	NOUN
fsr-3239	554	11	.	.	PUNCT
fsr-3239	555	1	journal	journal	NOUN
fsr-3239	555	2	of	of	ADP
fsr-3239	555	3	finance	finance	NOUN
fsr-3239	555	4	,	,	PUNCT
fsr-3239	555	5	56	56	NUM
fsr-3239	555	6	,	,	PUNCT
fsr-3239	555	7	699–720	699–720	NUM
fsr-3239	555	8	.	.	PUNCT
fsr-3239	556	1	jensen	jensen	PROPN
fsr-3239	556	2	,	,	PUNCT
fsr-3239	556	3	m.	m.	PROPN
fsr-3239	556	4	c.	c.	PROPN
fsr-3239	556	5	(	(	PUNCT
fsr-3239	556	6	1968	1968	NUM
fsr-3239	556	7	)	)	PUNCT
fsr-3239	556	8	.	.	PUNCT
fsr-3239	557	1	the	the	DET
fsr-3239	557	2	performance	performance	NOUN
fsr-3239	557	3	of	of	ADP
fsr-3239	557	4	mutual	mutual	ADJ
fsr-3239	557	5	funds	fund	NOUN
fsr-3239	557	6	in	in	ADP
fsr-3239	557	7	the	the	DET
fsr-3239	557	8	period	period	NOUN
fsr-3239	557	9	1945–1964	1945–1964	NUM
fsr-3239	557	10	.	.	PUNCT
fsr-3239	557	11	journal	journal	PROPN
fsr-3239	557	12	of	of	ADP
fsr-3239	557	13	finance	finance	NOUN
fsr-3239	557	14	,	,	PUNCT
fsr-3239	557	15	23	23	NUM
fsr-3239	557	16	,	,	PUNCT
fsr-3239	557	17	2	2	NUM
fsr-3239	557	18	,	,	PUNCT
fsr-3239	557	19	389–416	389–416	NUM
fsr-3239	557	20	.	.	PUNCT
fsr-3239	558	1	jensen	jensen	PROPN
fsr-3239	558	2	,	,	PUNCT
fsr-3239	558	3	m.	m.	NOUN
fsr-3239	558	4	,	,	PUNCT
fsr-3239	558	5	&	&	CCONJ
fsr-3239	558	6	ruback	ruback	PROPN
fsr-3239	558	7	,	,	PUNCT
fsr-3239	558	8	r.	r.	PROPN
fsr-3239	558	9	s.	s.	PROPN
fsr-3239	558	10	(	(	PUNCT
fsr-3239	558	11	1983	1983	NUM
fsr-3239	558	12	)	)	PUNCT
fsr-3239	558	13	.	.	PUNCT
fsr-3239	559	1	the	the	DET
fsr-3239	559	2	market	market	NOUN
fsr-3239	559	3	for	for	ADP
fsr-3239	559	4	corporate	corporate	ADJ
fsr-3239	559	5	control	control	NOUN
fsr-3239	559	6	:	:	PUNCT
fsr-3239	559	7	the	the	DET
fsr-3239	559	8	scientific	scientific	ADJ
fsr-3239	559	9	evidence	evidence	NOUN
fsr-3239	559	10	.	.	PUNCT
fsr-3239	560	1	journal	journal	NOUN
fsr-3239	560	2	of	of	ADP
fsr-3239	560	3	financial	financial	ADJ
fsr-3239	560	4	economics	economic	NOUN
fsr-3239	560	5	,	,	PUNCT
fsr-3239	560	6	11	11	NUM
fsr-3239	560	7	,	,	PUNCT
fsr-3239	560	8	5–50	5–50	NOUN
fsr-3239	560	9	.	.	PUNCT
fsr-3239	561	1	kacperczyk	kacperczyk	PROPN
fsr-3239	561	2	,	,	PUNCT
fsr-3239	561	3	g.	g.	PROPN
fsr-3239	561	4	m.	m.	PROPN
fsr-3239	561	5	,	,	PUNCT
fsr-3239	561	6	van	van	PROPN
fsr-3239	561	7	nieuwerburgh	nieuwerburgh	PROPN
fsr-3239	561	8	,	,	PUNCT
fsr-3239	561	9	s.	s.	PROPN
fsr-3239	561	10	,	,	PUNCT
fsr-3239	561	11	&	&	CCONJ
fsr-3239	561	12	veldkamp	veldkamp	PROPN
fsr-3239	561	13	,	,	PUNCT
fsr-3239	561	14	l.	l.	PROPN
fsr-3239	561	15	(	(	PUNCT
fsr-3239	561	16	2013	2013	NUM
fsr-3239	561	17	)	)	PUNCT
fsr-3239	561	18	.	.	PUNCT
fsr-3239	562	1	time	time	NOUN
fsr-3239	562	2	varying	vary	VERB
fsr-3239	562	3	fund	fund	NOUN
fsr-3239	562	4	manager	manager	NOUN
fsr-3239	562	5	skill	skill	NOUN
fsr-3239	562	6	.	.	PUNCT
fsr-3239	563	1	journal	journal	PROPN
fsr-3239	563	2	of	of	ADP
fsr-3239	563	3	finance	finance	NOUN
fsr-3239	563	4	,	,	PUNCT
fsr-3239	563	5	69	69	NUM
fsr-3239	563	6	,	,	PUNCT
fsr-3239	563	7	1455–1484	1455–1484	NUM
fsr-3239	563	8	.	.	PUNCT
fsr-3239	564	1	klein	klein	PROPN
fsr-3239	564	2	,	,	PUNCT
fsr-3239	564	3	a.	a.	PROPN
fsr-3239	564	4	(	(	PUNCT
fsr-3239	564	5	1986	1986	NUM
fsr-3239	564	6	)	)	PUNCT
fsr-3239	564	7	.	.	PUNCT
fsr-3239	565	1	the	the	DET
fsr-3239	565	2	timing	timing	NOUN
fsr-3239	565	3	and	and	CCONJ
fsr-3239	565	4	substance	substance	NOUN
fsr-3239	565	5	of	of	ADP
fsr-3239	565	6	divestiture	divestiture	NOUN
fsr-3239	565	7	announcements	announcement	NOUN
fsr-3239	565	8	:	:	PUNCT
fsr-3239	565	9	individual	individual	ADJ
fsr-3239	565	10	,	,	PUNCT
fsr-3239	565	11	simultaneous	simultaneous	ADJ
fsr-3239	565	12	and	and	CCONJ
fsr-3239	565	13	cumulative	cumulative	ADJ
fsr-3239	565	14	effects	effect	NOUN
fsr-3239	565	15	.	.	PUNCT
fsr-3239	566	1	journal	journal	PROPN
fsr-3239	566	2	of	of	ADP
fsr-3239	566	3	finance	finance	NOUN
fsr-3239	566	4	,	,	PUNCT
fsr-3239	566	5	41	41	NUM
fsr-3239	566	6	,	,	PUNCT
fsr-3239	566	7	685–696	685–696	NUM
fsr-3239	566	8	.	.	PUNCT
fsr-3239	567	1	korniotis	korniotis	NOUN
fsr-3239	567	2	,	,	PUNCT
fsr-3239	567	3	g.	g.	PROPN
fsr-3239	567	4	m.	m.	PROPN
fsr-3239	567	5	,	,	PUNCT
fsr-3239	567	6	&	&	CCONJ
fsr-3239	567	7	kumar	kumar	PROPN
fsr-3239	567	8	,	,	PUNCT
fsr-3239	567	9	a.	a.	PROPN
fsr-3239	567	10	(	(	PUNCT
fsr-3239	567	11	2013	2013	NUM
fsr-3239	567	12	)	)	PUNCT
fsr-3239	567	13	.	.	PUNCT
fsr-3239	568	1	do	do	AUX
fsr-3239	568	2	portfolio	portfolio	NOUN
fsr-3239	568	3	distortions	distortion	NOUN
fsr-3239	568	4	reflect	reflect	VERB
fsr-3239	568	5	superior	superior	ADJ
fsr-3239	568	6	information	information	NOUN
fsr-3239	568	7	or	or	CCONJ
fsr-3239	568	8	psychological	psychological	ADJ
fsr-3239	568	9	biases	bias	NOUN
fsr-3239	568	10	?	?	PUNCT
fsr-3239	569	1	journal	journal	NOUN
fsr-3239	569	2	of	of	ADP
fsr-3239	569	3	financial	financial	ADJ
fsr-3239	569	4	and	and	CCONJ
fsr-3239	569	5	quantitative	quantitative	ADJ
fsr-3239	569	6	analysis	analysis	NOUN
fsr-3239	569	7	,	,	PUNCT
fsr-3239	569	8	48	48	NUM
fsr-3239	569	9	,	,	PUNCT
fsr-3239	569	10	1–45	1–45	PROPN
fsr-3239	569	11	.	.	PUNCT
fsr-3239	570	1	lo	lo	PROPN
fsr-3239	570	2	,	,	PUNCT
fsr-3239	570	3	a.	a.	PROPN
fsr-3239	570	4	w.	w.	PROPN
fsr-3239	570	5	,	,	PUNCT
fsr-3239	570	6	&	&	CCONJ
fsr-3239	570	7	mackinlay	mackinlay	PROPN
fsr-3239	570	8	,	,	PUNCT
fsr-3239	570	9	a.	a.	PROPN
fsr-3239	570	10	c.	c.	PROPN
fsr-3239	570	11	(	(	PUNCT
fsr-3239	570	12	1990	1990	NUM
fsr-3239	570	13	)	)	PUNCT
fsr-3239	570	14	.	.	PUNCT
fsr-3239	571	1	when	when	SCONJ
fsr-3239	571	2	are	be	AUX
fsr-3239	571	3	contrarian	contrarian	ADJ
fsr-3239	571	4	profits	profit	NOUN
fsr-3239	571	5	due	due	ADJ
fsr-3239	571	6	to	to	ADP
fsr-3239	571	7	market	market	NOUN
fsr-3239	571	8	overreaction	overreaction	NOUN
fsr-3239	571	9	?	?	PUNCT
fsr-3239	572	1	review	review	NOUN
fsr-3239	572	2	of	of	ADP
fsr-3239	572	3	financial	financial	ADJ
fsr-3239	572	4	studies	study	NOUN
fsr-3239	572	5	,	,	PUNCT
fsr-3239	572	6	3	3	NUM
fsr-3239	572	7	,	,	PUNCT
fsr-3239	572	8	175–206	175–206	NUM
fsr-3239	572	9	.	.	PUNCT
fsr-3239	573	1	loviscek	loviscek	NOUN
fsr-3239	573	2	,	,	PUNCT
fsr-3239	573	3	a.	a.	PROPN
fsr-3239	573	4	l.	l.	PROPN
fsr-3239	573	5	,	,	PUNCT
fsr-3239	573	6	&	&	CCONJ
fsr-3239	573	7	jordan	jordan	PROPN
fsr-3239	573	8	,	,	PUNCT
fsr-3239	573	9	w.	w.	PROPN
fsr-3239	573	10	j.	j.	PROPN
fsr-3239	573	11	(	(	PUNCT
fsr-3239	573	12	2000	2000	NUM
fsr-3239	573	13	)	)	PUNCT
fsr-3239	573	14	.	.	PUNCT
fsr-3239	574	1	stock	stock	NOUN
fsr-3239	574	2	selection	selection	NOUN
fsr-3239	574	3	based	base	VERB
fsr-3239	574	4	on	on	ADP
fsr-3239	574	5	morningstar	morningstar	PROPN
fsr-3239	574	6	’s	’s	PART
fsr-3239	574	7	ten	ten	NUM
fsr-3239	574	8	-	-	PUNCT
fsr-3239	574	9	year	year	NOUN
fsr-3239	574	10	,	,	PUNCT
fsr-3239	574	11	five	five	NUM
fsr-3239	574	12	-	-	PUNCT
fsr-3239	574	13	star	star	NOUN
fsr-3239	574	14	general	general	PROPN
fsr-3239	574	15	equity	equity	PROPN
fsr-3239	574	16	mutual	mutual	ADJ
fsr-3239	574	17	funds	fund	NOUN
fsr-3239	574	18	.	.	PUNCT
fsr-3239	575	1	financial	financial	ADJ
fsr-3239	575	2	services	service	NOUN
fsr-3239	575	3	review	review	NOUN
fsr-3239	575	4	,	,	PUNCT
fsr-3239	575	5	9	9	NUM
fsr-3239	575	6	,	,	PUNCT
fsr-3239	575	7	145–157	145–157	NUM
fsr-3239	575	8	.	.	PUNCT
fsr-3239	576	1	mcconnell	mcconnell	PROPN
fsr-3239	576	2	,	,	PUNCT
fsr-3239	576	3	j.	j.	PROPN
fsr-3239	576	4	,	,	PUNCT
fsr-3239	576	5	&	&	CCONJ
fsr-3239	576	6	muscarella	muscarella	PROPN
fsr-3239	576	7	,	,	PUNCT
fsr-3239	576	8	c.	c.	PROPN
fsr-3239	576	9	(	(	PUNCT
fsr-3239	576	10	1985	1985	NUM
fsr-3239	576	11	)	)	PUNCT
fsr-3239	576	12	.	.	PUNCT
fsr-3239	577	1	corporate	corporate	ADJ
fsr-3239	577	2	capital	capital	NOUN
fsr-3239	577	3	expenditure	expenditure	NOUN
fsr-3239	577	4	decisions	decision	NOUN
fsr-3239	577	5	and	and	CCONJ
fsr-3239	577	6	the	the	DET
fsr-3239	577	7	market	market	NOUN
fsr-3239	577	8	value	value	NOUN
fsr-3239	577	9	of	of	ADP
fsr-3239	577	10	the	the	DET
fsr-3239	577	11	firm	firm	NOUN
fsr-3239	577	12	.	.	PUNCT
fsr-3239	578	1	journal	journal	PROPN
fsr-3239	578	2	of	of	ADP
fsr-3239	578	3	financial	financial	ADJ
fsr-3239	578	4	economics	economic	NOUN
fsr-3239	578	5	,	,	PUNCT
fsr-3239	578	6	14	14	NUM
fsr-3239	578	7	,	,	PUNCT
fsr-3239	578	8	399–422	399–422	NUM
fsr-3239	578	9	.	.	PUNCT
fsr-3239	579	1	metrick	metrick	ADJ
fsr-3239	579	2	,	,	PUNCT
fsr-3239	579	3	a.	a.	NOUN
fsr-3239	579	4	(	(	PUNCT
fsr-3239	579	5	1999	1999	NUM
fsr-3239	579	6	)	)	PUNCT
fsr-3239	579	7	.	.	PUNCT
fsr-3239	580	1	performance	performance	NOUN
fsr-3239	580	2	evaluation	evaluation	NOUN
fsr-3239	580	3	with	with	ADP
fsr-3239	580	4	transaction	transaction	NOUN
fsr-3239	580	5	data	datum	NOUN
fsr-3239	580	6	:	:	PUNCT
fsr-3239	580	7	the	the	DET
fsr-3239	580	8	stock	stock	NOUN
fsr-3239	580	9	selection	selection	NOUN
fsr-3239	580	10	of	of	ADP
fsr-3239	580	11	investment	investment	NOUN
fsr-3239	580	12	newsletters	newsletter	NOUN
fsr-3239	580	13	.	.	PUNCT
fsr-3239	581	1	journal	journal	NOUN
fsr-3239	581	2	of	of	ADP
fsr-3239	581	3	finance	finance	NOUN
fsr-3239	581	4	,	,	PUNCT
fsr-3239	581	5	54	54	NUM
fsr-3239	581	6	,	,	PUNCT
fsr-3239	581	7	1743–1775	1743–1775	NUM
fsr-3239	581	8	.	.	PUNCT
fsr-3239	582	1	nofsinger	nofsinger	PROPN
fsr-3239	582	2	,	,	PUNCT
fsr-3239	582	3	j.	j.	PROPN
fsr-3239	582	4	r.	r.	PROPN
fsr-3239	582	5	(	(	PUNCT
fsr-3239	582	6	2013	2013	NUM
fsr-3239	582	7	)	)	PUNCT
fsr-3239	582	8	.	.	PUNCT
fsr-3239	583	1	the	the	DET
fsr-3239	583	2	psychology	psychology	NOUN
fsr-3239	583	3	of	of	ADP
fsr-3239	583	4	investing	investing	NOUN
fsr-3239	583	5	(	(	PUNCT
fsr-3239	583	6	5th	5th	ADJ
fsr-3239	583	7	ed	ed	NOUN
fsr-3239	583	8	.	.	PUNCT
fsr-3239	583	9	)	)	PUNCT
fsr-3239	583	10	.	.	PUNCT
fsr-3239	584	1	upper	upper	ADJ
fsr-3239	584	2	saddle	saddle	PROPN
fsr-3239	584	3	river	river	PROPN
fsr-3239	584	4	,	,	PUNCT
fsr-3239	584	5	nj	nj	PROPN
fsr-3239	584	6	:	:	PUNCT
fsr-3239	584	7	prentice	prentice	PROPN
fsr-3239	584	8	hall	hall	PROPN
fsr-3239	584	9	.	.	PUNCT
fsr-3239	585	1	olson	olson	PROPN
fsr-3239	585	2	,	,	PUNCT
fsr-3239	585	3	d.	d.	PROPN
fsr-3239	585	4	o.	o.	PROPN
fsr-3239	585	5	,	,	PUNCT
fsr-3239	585	6	nelson	nelson	PROPN
fsr-3239	585	7	,	,	PUNCT
fsr-3239	585	8	j.	j.	PROPN
fsr-3239	585	9	,	,	PUNCT
fsr-3239	585	10	will	will	AUX
fsr-3239	585	11	,	,	PUNCT
fsr-3239	585	12	c.	c.	PROPN
fsr-3239	585	13	,	,	PUNCT
fsr-3239	585	14	&	&	CCONJ
fsr-3239	585	15	mossman	mossman	PROPN
fsr-3239	585	16	,	,	PUNCT
fsr-3239	585	17	c.	c.	PROPN
fsr-3239	585	18	(	(	PUNCT
fsr-3239	585	19	1998	1998	NUM
fsr-3239	585	20	)	)	PUNCT
fsr-3239	585	21	.	.	PUNCT
fsr-3239	586	1	a	a	DET
fsr-3239	586	2	test	test	NOUN
fsr-3239	586	3	of	of	ADP
fsr-3239	586	4	the	the	DET
fsr-3239	586	5	investors	investor	NOUN
fsr-3239	586	6	’	’	PART
fsr-3239	586	7	daily	daily	ADJ
fsr-3239	586	8	stock	stock	NOUN
fsr-3239	586	9	ranking	ranking	NOUN
fsr-3239	586	10	system	system	NOUN
fsr-3239	586	11	.	.	PUNCT
fsr-3239	587	1	the	the	DET
fsr-3239	587	2	financial	financial	PROPN
fsr-3239	587	3	review	review	NOUN
fsr-3239	587	4	,	,	PUNCT
fsr-3239	587	5	33	33	NUM
fsr-3239	587	6	,	,	PUNCT
fsr-3239	587	7	161–176	161–176	NUM
fsr-3239	587	8	.	.	PUNCT
fsr-3239	588	1	oppenheimer	oppenheimer	PROPN
fsr-3239	588	2	,	,	PUNCT
fsr-3239	588	3	h.	h.	PROPN
fsr-3239	588	4	(	(	PUNCT
fsr-3239	588	5	1981	1981	NUM
fsr-3239	588	6	)	)	PUNCT
fsr-3239	588	7	.	.	PUNCT
fsr-3239	589	1	common	common	ADJ
fsr-3239	589	2	stock	stock	NOUN
fsr-3239	589	3	selection	selection	NOUN
fsr-3239	589	4	:	:	PUNCT
fsr-3239	589	5	an	an	DET
fsr-3239	589	6	analysis	analysis	NOUN
fsr-3239	589	7	of	of	ADP
fsr-3239	589	8	benjamin	benjamin	PROPN
fsr-3239	589	9	graham	graham	PROPN
fsr-3239	589	10	’s	’s	PART
fsr-3239	589	11	“	"	PUNCT
fsr-3239	589	12	intelligent	intelligent	ADJ
fsr-3239	589	13	investor	investor	NOUN
fsr-3239	589	14	”	"	PUNCT
fsr-3239	589	15	approach	approach	NOUN
fsr-3239	589	16	.	.	PUNCT
fsr-3239	590	1	ann	ann	PROPN
fsr-3239	590	2	arbor	arbor	PROPN
fsr-3239	590	3	,	,	PUNCT
fsr-3239	590	4	mi	mi	PROPN
fsr-3239	590	5	:	:	PUNCT
fsr-3239	590	6	umi	umi	ADJ
fsr-3239	590	7	research	research	NOUN
fsr-3239	590	8	press	press	NOUN
fsr-3239	590	9	.	.	PUNCT
fsr-3239	591	1	palman	palman	NOUN
fsr-3239	591	2	,	,	PUNCT
fsr-3239	591	3	o.	o.	PROPN
fsr-3239	591	4	,	,	PUNCT
fsr-3239	591	5	sun	sun	PROPN
fsr-3239	591	6	,	,	PUNCT
fsr-3239	591	7	h.	h.	PROPN
fsr-3239	591	8	,	,	PUNCT
fsr-3239	591	9	&	&	CCONJ
fsr-3239	591	10	tang	tang	PROPN
fsr-3239	591	11	,	,	PUNCT
fsr-3239	591	12	a.	a.	NOUN
fsr-3239	591	13	p.	p.	NOUN
fsr-3239	591	14	(	(	PUNCT
fsr-3239	591	15	1994	1994	NUM
fsr-3239	591	16	)	)	PUNCT
fsr-3239	591	17	.	.	PUNCT
fsr-3239	592	1	the	the	DET
fsr-3239	592	2	impact	impact	NOUN
fsr-3239	592	3	of	of	ADP
fsr-3239	592	4	publication	publication	NOUN
fsr-3239	592	5	of	of	ADP
fsr-3239	592	6	analysts	analyst	NOUN
fsr-3239	592	7	’	’	PART
fsr-3239	592	8	recommendations	recommendation	NOUN
fsr-3239	592	9	on	on	ADP
fsr-3239	592	10	returns	return	NOUN
fsr-3239	592	11	and	and	CCONJ
fsr-3239	592	12	trading	trading	NOUN
fsr-3239	592	13	volume	volume	NOUN
fsr-3239	592	14	.	.	PUNCT
fsr-3239	593	1	the	the	DET
fsr-3239	593	2	financial	financial	PROPN
fsr-3239	593	3	review	review	NOUN
fsr-3239	593	4	,	,	PUNCT
fsr-3239	593	5	29	29	NUM
fsr-3239	593	6	,	,	PUNCT
fsr-3239	593	7	395–417	395–417	NUM
fsr-3239	593	8	.	.	PUNCT
fsr-3239	593	9	pari	pari	PROPN
fsr-3239	593	10	,	,	PUNCT
fsr-3239	593	11	r.	r.	PROPN
fsr-3239	593	12	a.	a.	PROPN
fsr-3239	593	13	(	(	PUNCT
fsr-3239	593	14	1987	1987	NUM
fsr-3239	593	15	)	)	PUNCT
fsr-3239	593	16	.	.	PUNCT
fsr-3239	594	1	wall	wall	PROPN
fsr-3239	594	2	street	street	PROPN
fsr-3239	594	3	week	week	NOUN
fsr-3239	594	4	recommendations	recommendation	NOUN
fsr-3239	594	5	:	:	PUNCT
fsr-3239	595	1	yes	yes	INTJ
fsr-3239	595	2	or	or	CCONJ
fsr-3239	595	3	no	no	INTJ
fsr-3239	595	4	?	?	PUNCT
fsr-3239	595	5	journal	journal	NOUN
fsr-3239	595	6	of	of	ADP
fsr-3239	595	7	portfolio	portfolio	NOUN
fsr-3239	595	8	management	management	NOUN
fsr-3239	595	9	,	,	PUNCT
fsr-3239	595	10	14	14	NUM
fsr-3239	595	11	,	,	PUNCT
fsr-3239	595	12	74–76	74–76	NUM
fsr-3239	595	13	.	.	PUNCT
fsr-3239	596	1	peavy	peavy	PROPN
fsr-3239	596	2	,	,	PUNCT
fsr-3239	596	3	j.	j.	PROPN
fsr-3239	596	4	w.	w.	PROPN
fsr-3239	596	5	,	,	PUNCT
fsr-3239	596	6	&	&	CCONJ
fsr-3239	596	7	goodman	goodman	PROPN
fsr-3239	596	8	,	,	PUNCT
fsr-3239	596	9	d.	d.	PROPN
fsr-3239	596	10	(	(	PUNCT
fsr-3239	596	11	1983	1983	NUM
fsr-3239	596	12	)	)	PUNCT
fsr-3239	596	13	.	.	PUNCT
fsr-3239	597	1	the	the	DET
fsr-3239	597	2	significance	significance	NOUN
fsr-3239	597	3	of	of	ADP
fsr-3239	597	4	p	p	X
fsr-3239	597	5	/	/	SYM
fsr-3239	597	6	es	es	NOUN
fsr-3239	597	7	for	for	ADP
fsr-3239	597	8	portfolio	portfolio	NOUN
fsr-3239	597	9	returns	return	NOUN
fsr-3239	597	10	.	.	PUNCT
fsr-3239	598	1	journal	journal	PROPN
fsr-3239	598	2	of	of	ADP
fsr-3239	598	3	portfolio	portfolio	NOUN
fsr-3239	598	4	management	management	NOUN
fsr-3239	598	5	,	,	PUNCT
fsr-3239	598	6	9	9	NUM
fsr-3239	598	7	,	,	PUNCT
fsr-3239	598	8	43–47	43–47	NUM
fsr-3239	598	9	.	.	PUNCT
fsr-3239	598	10	peirce	peirce	PROPN
fsr-3239	598	11	,	,	PUNCT
fsr-3239	598	12	d.	d.	PROPN
fsr-3239	598	13	,	,	PUNCT
fsr-3239	598	14	&	&	CCONJ
fsr-3239	598	15	roley	roley	PROPN
fsr-3239	598	16	,	,	PUNCT
fsr-3239	598	17	v.	v.	PROPN
fsr-3239	598	18	(	(	PUNCT
fsr-3239	598	19	1985	1985	NUM
fsr-3239	598	20	)	)	PUNCT
fsr-3239	598	21	.	.	PUNCT
fsr-3239	599	1	stock	stock	NOUN
fsr-3239	599	2	prices	price	NOUN
fsr-3239	599	3	and	and	CCONJ
fsr-3239	599	4	economic	economic	ADJ
fsr-3239	599	5	news	news	NOUN
fsr-3239	599	6	.	.	PUNCT
fsr-3239	600	1	journal	journal	PROPN
fsr-3239	600	2	of	of	ADP
fsr-3239	600	3	business	business	NOUN
fsr-3239	600	4	,	,	PUNCT
fsr-3239	600	5	59	59	NUM
fsr-3239	600	6	,	,	PUNCT
fsr-3239	600	7	49–67	49–67	NUM
fsr-3239	600	8	.	.	PUNCT
fsr-3239	601	1	pinches	pinches	PROPN
fsr-3239	601	2	,	,	PUNCT
fsr-3239	601	3	g.	g.	PROPN
fsr-3239	601	4	(	(	PUNCT
fsr-3239	601	5	1970	1970	NUM
fsr-3239	601	6	)	)	PUNCT
fsr-3239	601	7	.	.	PUNCT
fsr-3239	602	1	the	the	DET
fsr-3239	602	2	random	random	ADJ
fsr-3239	602	3	walk	walk	NOUN
fsr-3239	602	4	hypothesis	hypothesis	NOUN
fsr-3239	602	5	and	and	CCONJ
fsr-3239	602	6	technical	technical	ADJ
fsr-3239	602	7	analysis	analysis	NOUN
fsr-3239	602	8	.	.	PUNCT
fsr-3239	603	1	financial	financial	ADJ
fsr-3239	603	2	analysts	analyst	NOUN
fsr-3239	603	3	journal	journal	NOUN
fsr-3239	603	4	,	,	PUNCT
fsr-3239	603	5	26	26	NUM
fsr-3239	603	6	,	,	PUNCT
fsr-3239	603	7	104–110	104–110	NUM
fsr-3239	603	8	.	.	PUNCT
fsr-3239	604	1	pompian	pompian	ADJ
fsr-3239	604	2	,	,	PUNCT
fsr-3239	604	3	m.	m.	NOUN
fsr-3239	604	4	(	(	PUNCT
fsr-3239	604	5	2012	2012	NUM
fsr-3239	604	6	)	)	PUNCT
fsr-3239	604	7	.	.	PUNCT
fsr-3239	605	1	behavioral	behavioral	ADJ
fsr-3239	605	2	finance	finance	NOUN
fsr-3239	605	3	and	and	CCONJ
fsr-3239	605	4	wealth	wealth	NOUN
fsr-3239	605	5	management	management	NOUN
fsr-3239	605	6	:	:	PUNCT
fsr-3239	605	7	how	how	SCONJ
fsr-3239	605	8	to	to	PART
fsr-3239	605	9	build	build	VERB
fsr-3239	605	10	optimal	optimal	ADJ
fsr-3239	605	11	portfolios	portfolio	NOUN
fsr-3239	605	12	that	that	PRON
fsr-3239	605	13	account	account	VERB
fsr-3239	605	14	for	for	ADP
fsr-3239	605	15	investor	investor	NOUN
fsr-3239	605	16	biases	bias	NOUN
fsr-3239	605	17	(	(	PUNCT
fsr-3239	605	18	2nd	2nd	ADJ
fsr-3239	605	19	ed	ed	NOUN
fsr-3239	605	20	.	.	PUNCT
fsr-3239	605	21	)	)	PUNCT
fsr-3239	605	22	.	.	PUNCT
fsr-3239	606	1	hoboken	hoboken	PROPN
fsr-3239	606	2	,	,	PUNCT
fsr-3239	606	3	ny	ny	PROPN
fsr-3239	606	4	:	:	PUNCT
fsr-3239	606	5	john	john	PROPN
fsr-3239	606	6	wiley	wiley	PROPN
fsr-3239	606	7	and	and	CCONJ
fsr-3239	606	8	sons	son	NOUN
fsr-3239	606	9	.	.	PUNCT
fsr-3239	607	1	175d.s	175d.s	X
fsr-3239	607	2	.	.	PUNCT
fsr-3239	608	1	north	north	PROPN
fsr-3239	608	2	,	,	PUNCT
fsr-3239	608	3	j.l	j.l	PROPN
fsr-3239	608	4	.	.	PROPN
fsr-3239	608	5	stevens	stevens	PROPN
fsr-3239	608	6	/	/	SYM
fsr-3239	608	7	financial	financial	ADJ
fsr-3239	608	8	services	service	NOUN
fsr-3239	608	9	review	review	VERB
fsr-3239	608	10	24	24	NUM
fsr-3239	608	11	(	(	PUNCT
fsr-3239	608	12	2015	2015	NUM
fsr-3239	608	13	)	)	PUNCT
fsr-3239	608	14	157–176	157–176	NUM
fsr-3239	608	15	pruitt	pruitt	NOUN
fsr-3239	608	16	,	,	PUNCT
fsr-3239	608	17	s.	s.	PROPN
fsr-3239	608	18	w.	w.	PROPN
fsr-3239	608	19	,	,	PUNCT
fsr-3239	608	20	&	&	CCONJ
fsr-3239	608	21	white	white	PROPN
fsr-3239	608	22	,	,	PUNCT
fsr-3239	608	23	r.	r.	PROPN
fsr-3239	608	24	e.	e.	PROPN
fsr-3239	608	25	(	(	PUNCT
fsr-3239	608	26	1988	1988	NUM
fsr-3239	608	27	)	)	PUNCT
fsr-3239	608	28	.	.	PUNCT
fsr-3239	609	1	who	who	PRON
fsr-3239	609	2	says	say	VERB
fsr-3239	609	3	technical	technical	ADJ
fsr-3239	609	4	analysis	analysis	NOUN
fsr-3239	609	5	ca	can	AUX
fsr-3239	609	6	n’t	not	PART
fsr-3239	609	7	beat	beat	VERB
fsr-3239	609	8	the	the	DET
fsr-3239	609	9	market	market	NOUN
fsr-3239	609	10	?	?	PUNCT
fsr-3239	610	1	journal	journal	NOUN
fsr-3239	610	2	of	of	ADP
fsr-3239	610	3	portfolio	portfolio	NOUN
fsr-3239	610	4	management	management	NOUN
fsr-3239	610	5	,	,	PUNCT
fsr-3239	610	6	14	14	NUM
fsr-3239	610	7	,	,	PUNCT
fsr-3239	610	8	55–58	55–58	NUM
fsr-3239	610	9	.	.	PUNCT
fsr-3239	611	1	rendleman	rendleman	NOUN
fsr-3239	611	2	,	,	PUNCT
fsr-3239	611	3	r.	r.	PROPN
fsr-3239	611	4	j.	j.	PROPN
fsr-3239	611	5	,	,	PUNCT
fsr-3239	611	6	jones	jones	PROPN
fsr-3239	611	7	,	,	PUNCT
fsr-3239	611	8	c.	c.	PROPN
fsr-3239	611	9	,	,	PUNCT
fsr-3239	611	10	&	&	CCONJ
fsr-3239	611	11	latane	latane	PROPN
fsr-3239	611	12	,	,	PUNCT
fsr-3239	611	13	h.	h.	PROPN
fsr-3239	611	14	a.	a.	PROPN
fsr-3239	611	15	(	(	PUNCT
fsr-3239	611	16	1982	1982	NUM
fsr-3239	611	17	)	)	PUNCT
fsr-3239	611	18	.	.	PUNCT
fsr-3239	612	1	empirical	empirical	ADJ
fsr-3239	612	2	anomalies	anomaly	NOUN
fsr-3239	612	3	based	base	VERB
fsr-3239	612	4	on	on	ADP
fsr-3239	612	5	unexpected	unexpected	ADJ
fsr-3239	612	6	earnings	earning	NOUN
fsr-3239	612	7	and	and	CCONJ
fsr-3239	612	8	the	the	DET
fsr-3239	612	9	importance	importance	NOUN
fsr-3239	612	10	of	of	ADP
fsr-3239	612	11	risk	risk	NOUN
fsr-3239	612	12	adjustment	adjustment	NOUN
fsr-3239	612	13	.	.	PUNCT
fsr-3239	613	1	journal	journal	NOUN
fsr-3239	613	2	of	of	ADP
fsr-3239	613	3	financial	financial	ADJ
fsr-3239	613	4	economics	economic	NOUN
fsr-3239	613	5	,	,	PUNCT
fsr-3239	613	6	10	10	NUM
fsr-3239	613	7	,	,	PUNCT
fsr-3239	613	8	269–287	269–287	NUM
fsr-3239	613	9	.	.	PUNCT
fsr-3239	614	1	rosenberg	rosenberg	PROPN
fsr-3239	614	2	,	,	PUNCT
fsr-3239	614	3	b.	b.	PROPN
fsr-3239	614	4	,	,	PUNCT
fsr-3239	614	5	reid	reid	PROPN
fsr-3239	614	6	,	,	PUNCT
fsr-3239	614	7	k.	k.	PROPN
fsr-3239	614	8	,	,	PUNCT
fsr-3239	614	9	&	&	CCONJ
fsr-3239	614	10	lanstein	lanstein	PROPN
fsr-3239	614	11	,	,	PUNCT
fsr-3239	614	12	r.	r.	PROPN
fsr-3239	614	13	(	(	PUNCT
fsr-3239	614	14	1985	1985	NUM
fsr-3239	614	15	)	)	PUNCT
fsr-3239	614	16	.	.	PUNCT
fsr-3239	615	1	persuasive	persuasive	ADJ
fsr-3239	615	2	evidence	evidence	NOUN
fsr-3239	615	3	of	of	ADP
fsr-3239	615	4	market	market	NOUN
fsr-3239	615	5	inefficiency	inefficiency	NOUN
fsr-3239	615	6	.	.	PUNCT
fsr-3239	616	1	journal	journal	NOUN
fsr-3239	616	2	of	of	ADP
fsr-3239	616	3	portfolio	portfolio	NOUN
fsr-3239	616	4	management	management	NOUN
fsr-3239	616	5	,	,	PUNCT
fsr-3239	616	6	13	13	NUM
fsr-3239	616	7	,	,	PUNCT
fsr-3239	616	8	9–17	9–17	PROPN
fsr-3239	616	9	.	.	PUNCT
fsr-3239	616	10	schadler	schadler	PROPN
fsr-3239	616	11	,	,	PUNCT
fsr-3239	616	12	f.	f.	PROPN
fsr-3239	616	13	p.	p.	PROPN
fsr-3239	616	14	,	,	PUNCT
fsr-3239	616	15	&	&	CCONJ
fsr-3239	616	16	cotton	cotton	NOUN
fsr-3239	616	17	,	,	PUNCT
fsr-3239	616	18	b.	b.	PROPN
fsr-3239	616	19	d.	d.	PROPN
fsr-3239	616	20	(	(	PUNCT
fsr-3239	616	21	2008	2008	NUM
fsr-3239	616	22	)	)	PUNCT
fsr-3239	616	23	.	.	PUNCT
fsr-3239	617	1	are	be	AUX
fsr-3239	617	2	the	the	DET
fsr-3239	617	3	aaii	aaii	NOUN
fsr-3239	617	4	stock	stock	NOUN
fsr-3239	617	5	screens	screen	NOUN
fsr-3239	617	6	a	a	DET
fsr-3239	617	7	useful	useful	ADJ
fsr-3239	617	8	tool	tool	NOUN
fsr-3239	617	9	for	for	ADP
fsr-3239	617	10	investors	investor	NOUN
fsr-3239	617	11	?	?	PUNCT
fsr-3239	618	1	financial	financial	ADJ
fsr-3239	618	2	services	service	NOUN
fsr-3239	618	3	review	review	PROPN
fsr-3239	618	4	,	,	PUNCT
fsr-3239	618	5	17	17	NUM
fsr-3239	618	6	,	,	PUNCT
fsr-3239	618	7	185–201	185–201	NUM
fsr-3239	618	8	.	.	PUNCT
fsr-3239	619	1	sharpe	sharpe	PROPN
fsr-3239	619	2	,	,	PUNCT
fsr-3239	619	3	w.	w.	PROPN
fsr-3239	619	4	f.	f.	PROPN
fsr-3239	619	5	(	(	PUNCT
fsr-3239	619	6	1963	1963	NUM
fsr-3239	619	7	)	)	PUNCT
fsr-3239	619	8	.	.	PUNCT
fsr-3239	620	1	a	a	DET
fsr-3239	620	2	simplified	simplified	ADJ
fsr-3239	620	3	model	model	NOUN
fsr-3239	620	4	of	of	ADP
fsr-3239	620	5	portfolio	portfolio	NOUN
fsr-3239	620	6	analysis	analysis	NOUN
fsr-3239	620	7	.	.	PUNCT
fsr-3239	621	1	management	management	NOUN
fsr-3239	621	2	science	science	NOUN
fsr-3239	621	3	,	,	PUNCT
fsr-3239	621	4	9	9	NUM
fsr-3239	621	5	,	,	PUNCT
fsr-3239	621	6	277–293	277–293	NUM
fsr-3239	621	7	.	.	PUNCT
fsr-3239	622	1	shiller	shiller	PROPN
fsr-3239	622	2	,	,	PUNCT
fsr-3239	622	3	r.	r.	PROPN
fsr-3239	622	4	(	(	PUNCT
fsr-3239	622	5	1981	1981	NUM
fsr-3239	622	6	)	)	PUNCT
fsr-3239	622	7	.	.	PUNCT
fsr-3239	623	1	do	do	AUX
fsr-3239	623	2	stock	stock	NOUN
fsr-3239	623	3	prices	price	NOUN
fsr-3239	623	4	move	move	VERB
fsr-3239	623	5	too	too	ADV
fsr-3239	623	6	much	much	ADV
fsr-3239	623	7	to	to	PART
fsr-3239	623	8	be	be	AUX
fsr-3239	623	9	justified	justify	VERB
fsr-3239	623	10	by	by	ADP
fsr-3239	623	11	subsequent	subsequent	ADJ
fsr-3239	623	12	changes	change	NOUN
fsr-3239	623	13	in	in	ADP
fsr-3239	623	14	dividends	dividend	NOUN
fsr-3239	623	15	?	?	PUNCT
fsr-3239	624	1	american	american	PROPN
fsr-3239	624	2	economic	economic	PROPN
fsr-3239	624	3	review	review	PROPN
fsr-3239	624	4	,	,	PUNCT
fsr-3239	624	5	71	71	NUM
fsr-3239	624	6	,	,	PUNCT
fsr-3239	624	7	421–436	421–436	NUM
fsr-3239	624	8	.	.	PUNCT
fsr-3239	625	1	176	176	NUM
fsr-3239	625	2	d.s	d.s	PROPN
fsr-3239	625	3	.	.	PROPN
fsr-3239	625	4	north	north	PROPN
fsr-3239	625	5	,	,	PUNCT
fsr-3239	625	6	j.l	j.l	PROPN
fsr-3239	625	7	.	.	PROPN
fsr-3239	625	8	stevens	stevens	PROPN
fsr-3239	625	9	/	/	SYM
fsr-3239	625	10	financial	financial	ADJ
fsr-3239	625	11	services	service	NOUN
fsr-3239	625	12	review	review	VERB
fsr-3239	625	13	24	24	NUM
fsr-3239	625	14	(	(	PUNCT
fsr-3239	625	15	2015	2015	NUM
fsr-3239	625	16	)	)	PUNCT
fsr-3239	626	1	157–176	157–176	NUM