Abstract
The basic quantitative building block for professional judgments about investment performance is the rate of return. How well do we really understand it? And how can we use past rates to assess the prospects for future performance? You may be surprised to learn that 'expected return' may not be what you think.
Original language | English |
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Pages (from-to) | 4 - |
Journal | Advisor Perspectives |
Volume | 2011 |
Publication status | Published - 29 Nov 2011 |