Author: Eric G. Falkenstein
Edition: 1st
Publisher: CreateSpace Independent Publishing Platform
Binding: Paperback
ISBN: 1470110970
Price:
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The Missing Risk Premium: Why Low Volatility Investing Works
Risk is the deviation from the consensus rather than an exposure to a covariance, and this implies there is no risk premium in general.The Missing Risk Premium review. It also implies that when there are a large number of people buying highly volatile assets, such assets will have negative returns in equilibrium. As there are several independent motivations for people to buy highly volatile assets, intuitively risky assets generally have lower-than-average returns. This novel conception of risk implies many things more consistent with the data than the current theory. Risk taking is an important life skill, so understanding its nature is important, and unfortunately academics who study it full-time are like so many other experts: when not irrelevant, 180 degrees wrongRead full reviews of the missing risk premium by eric g. falkenstein paperback book (english).
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Store Search search Title, ISBN and Author The Missing Risk Premium by Eric G. Falkenstein Estimated delivery 3-12 business days Format Paperback Condition Brand New Details ISBN 1470110970 ISBN-13 9781470110970 Title The Missing Risk Premium Author Eric G. Falkenstein Format Paperback Year 2012 Pages 196 Publisher Createspace Dimensions 6 in. x 0.4 in. x 9 in. About Us Grand Eagle Retail is the ideal place for all your reading and entertainment needs! With fast shipping, low prices, friendly s
format paperback title the missing risk premium why low volatility investing works author eric g falkenstein publisher createspace independent publishing platform publication date aug 16 2012 pages 196 binding paperback edition 1 st dimensions 6 00 wx 9 00 hx 0 45 d isbn 1470110970 subject business economics finance description risk is the deviation from the consensus rather than an exposure to a covariance and this implies there is no risk premium in general it also implies that when there ar
The Missing Risk Premium : Paperback : Createspace : 9781470110970 : 1470110970 : 16 Aug 2012 : Risk is the deviation from the consensus rather than an exposure to a covariance, and this implies there is no risk premium in general. It also implies that when there are a large number of people buying highly volatile assets, such assets will have negative returns in equilibrium. As there are several independent motivations for people to buy highly volatile assets, intuitively risky assets generally have lower-than-average returns. This novel conception of risk implies many things more consistent.
The Missing Risk Premium Reviews
It also implies that when there are a large number of people buying highly volatile assets, such assets will have negative returns in equilibrium. As there are several independent motivations for people to buy highly volatile assets, intuitively risky assets generally have lower-than-average returns. This novel conception of risk implies many things more consistent with the data than the current theory. Risk taking is an important life skill, so understanding its nature is important, and unfortunately academics who study it full-time are like so many other experts: when not irrelevant, 180 degrees wrong. This book explains the current asset pricing theory, and proposes an alternative, using theory and a unique survey of the data across many asset classes. Familiarity with some MBA level finance is helpful but not necessary to appreciate this book.
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