Smart Beta Strategies: Slugging It Out In The Equity Arena

“No más.” One of the most memorable boxing matches in history ended when those two words were uttered by Roberto Durán in the eighth round of his title rematch with Sugar Ray Leonard in 1980. Nearly 34 years later, Durán’s reasons for walking out of the ring remain a matter of speculation and controversy. Was it stomach cramps? An injury? Or simply frustration at being outclassed by an opponent he had beaten soundly a scant five months earlier? Regardless, his quitting sent shockwaves through his native Panama and the entire boxing world. For Durán was the quintessential tough guy. He grew up on the hard streets of Panama City and became a professional fighter at the age of 16; his...