A few decades ago, Nobel Prize-winning economist William Sharpe—creator of the Capital Asset Pricing Model (CAPM) and the return metric called the Sharpe ratio—turned his attention to the risk Americans…
Tag: William Sharpe
Great Advice From (And For) Great Minds
The world often wants top investors and economists and strategists to give advice. But what’s the best financial advice that those great minds have received? The Wall Street Journal posed…
The Diversification Debate
In addition to the question of how many stocks they should own, another similar question many investors ask is how many funds or asset classes they should own. In a…