NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

Slow Moving Capital

Mark Mitchell, Lasse Heje Pedersen, Todd Pulvino

NBER Working Paper No. 12877
Issued in January 2007

---- Acknowledgements -----

Mitchell and Pulvino are at CNH Partners. Pedersen (corresponding author) is at the Stern School of Business, New York University, CEPR and NBER. The authors are affiliated with AQR Capital Management, a global asset management firm that may apply some of the principles discussed in this research in some of its investment products. We are grateful for helpful conversations with Lars N. Nielsen and research assistance from Rachel Perez and Linda Rabel. The views expressed herein are those of the author(s) and do not necessarily reflect the views of the National Bureau of Economic Research.

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