Do You Really Understand Rates of Return? Using them to look backward - and forward

Michael EDESESS

    Research output: Journal Publications and ReviewsRGC 22 - Publication in policy or professional journal

    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 languageEnglish
    Pages (from-to)4 -
    JournalAdvisor Perspectives
    Volume2011
    Publication statusPublished - 29 Nov 2011

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