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No Risk Premium?
Eric Falkenstein has posted here at Overcoming Bias five times; he now has a thoughtful blog and a new book: Is the equity premium really zero? I think for the average investor, yes it is, and it’s a central issue in my book, Finding Alpha. This paper gives his main idea, which is that there is no [...]
Source: Overcoming Bias
Discovered 8 months ago | 0 comments
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