Topic: Financial Education

Back to Basics | Part II

We finished last week’s post with two revelations that spring from the efficient markets theory: It’s very hard to exploit “mispricing”, if not impossible, after accounting for the costs to do so. The “market portfolio” is a very efficient portfolio, and you better have a good reason to ...

Sam Swift, CFA, CFP®, AIF®

Apr 24, 2020


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