Posted inUncategorized

High Risk, High Return? Perhaps Not: Cracking the Beta Anomaly of the Stock Market

By Scott Murray If you invest in high-risk stocks, you should expect, on average and in the long run, higher returns than if you invest in low-risk stocks, right? That’s what financial economic theory tells us, but when we looked at data on stock returns from 1963-2012, we found that portfolios containing high-risk stocks generate […]

Gift this article