WHEN THE “FREE LUNCH” IS NOT ALWAYS FREE… AT LEAST IN THE SHORT TERM.
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WHEN THE “FREE LUNCH” IS NOT ALWAYS FREE… AT LEAST IN THE SHORT TERM.
WHEN THE “FREE LUNCH” IS NOT ALWAYS FREE… AT LEAST IN THE SHORT TERM.
Prescient Asset Management
Q3 of 2023 | 2 years ago
In investment terms, we’re all too familiar with the relationship between returns and risk. Investors can’t earn returns above the risk-free rate if they’re not willing to take on some risk. Risk just means investing in an asset that can result in capital losses, and to expose yourself to that, you should be rewarded by returns exceeding the risk-free rate.
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