Diversification: Not a Free Lunch
Not a Free Lunch: A study challenges the belief that diversification is risk-free, stating it can reduce returns if expected returns are estimated, based on historical returns of the S&P500 constituents.
Featured in No. 52 on 5 Jun 2024 · on release day
- Released
- 5 Jun 2024
- First featured
- No. 52 · 5 Jun 2024
- Published in
- Not yet, as far as Semantic Scholar knows
- Shares when featured
- 17
- Identifier
- RePEc:gam:jjrfmx:v:17:y:2024:i:6:p:225-:d:1402811
Citations and venue from Semantic Scholar (ODC-BY), refreshed weekly. Summary: Quant Letter (CC BY 4.0).