Single Market Beta: A Preference For DiscomfortGuest Post
Single Market Beta: A Preference For Discomfort by Chris Brightman, Research Affliates.
Yikes is right! Investors continue to underperform the market by a significant margin, as Russ Kinnel of Morningstar reminds us in his 2014 version of “Mind the Gap.”1 While many theories try to explain this persistent underperformance, I will focus on one: Too many of today’s commentators seem not to notice that our knowledge of investment markets has progressed will beyond the theories . . .
This content is exclusively for paying members. Sign up here
If you are subscribed and having an account error please clear cache and cookies if that does not work email email@example.com or click chat