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What is a rational explanation for the expected returns on value stocks? What is a behavioral/irrational explanation for the expected returns on value stocks? How
- What is a rational explanation for the expected returns on value stocks?
- What is a behavioral/irrational explanation for the expected returns on value stocks?
- How does your belief in the rational vs behavioral explanation affect whether or not you should deviate from the market portfolio and purchase value stocks in your personal portfolio? For simplicity, assume that value stocks will continue to behave the way they have historically. Ignore limits to arbitrage concerns.
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Capitalism And Commerce Conceptual Foundations Of Free Enterprise
Authors: Edward W. Younkins
1st Edition
0739103814, 0739152807, 9780739152805
