Tuesday, April 19, 2011

The Biggest Urban Legend in Finance

We normally assume that since stocks have higher risk than bonds that they will perform better. This is an excellent piece by Research Affiliates that shows that this is not necessarily the case. The next time a broker tries to tell you that stocks always outperform bonds show him this.

The Biggest Urban Legend in Finance

1 comment:

  1. We normally assume that since stocks have higher risk than bonds that they will perform better. This is an excellent piece by Research Affiliates that shows that this is not necessarily the case. hospitality and tourism

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