So much for the “moar risk, moar reward” principle of #ModernPortfolioTheory & the #RationalInvestor assumption of #EfficientMarketHypothesis 🙄:

“How Investors Get Risk Wrong”, The Economist (https://www.economist.com/finance-and-economics/2024/03/07/how-investors-get-risk-wrong).

#Risk #Economics #Finance #Investing #VAR #Returns

How investors get risk wrong

Contrary to popular wisdom, more volatile stocks do not outperform

The Economist