@article {Harvey1, author = {Campbell R. Harvey and Yan Liu}, editor = {Scott, Cathy}, title = {Practical Applications of Evaluating Trading Strategies}, volume = {2}, number = {3}, pages = {1--4}, year = {2015}, doi = {10.3905/pa.2015.2.3.087}, publisher = {Institutional Investor Journals Umbrella}, abstract = {Evaluating Trading Strategies Campbell R. Harvey Yan Liu Warning!You are likely relying on false research to inform your investment choices, according to an article in The Journal of Portfolio Management{\textquoteright}s 40th Anniversary Issue .Investors often rely on financial research when developing investment strategies, but this could be a huge mistake, warn Campbell Harvey and Yan Liu. In their article, Evaluating Trading Strategies , Harvey and Liu tell researchers they are finding seemingly successful trading strategies by chance. They tell investors they need to be a lot more skeptical of investment proposals. The article was awarded Best Article in The 16th Annual Bernstein Fabozzi/Jacobs Levy Awards.In a video interview, available online at http://bit.ly/1DgcZ2X, Cam refers to proposed guidelines for researchers and Wall Street{\textquoteright}s surprising reaction to them. This report comprises excerpts from the video, which is intended to jump start the conversation. For a deeper understanding, read their article in The Journal of Portfolio Management{\textquoteright}s 40th Anniversary Issue .}, issn = {2329-0196}, URL = {https://pa.pm-research.com/content/2/3/1.8}, eprint = {https://pa.pm-research.com/content/2/3/1.8.full.pdf}, journal = {Practical Applications} }