#8522
Mentioned in 3 episodes
Expected Returns
An Investor's Guide to Harvesting Market Rewards
Book • 2011
This book provides a detailed framework for assessing expected returns and risk in investment management.
It covers three different ways to analyze expected returns: by asset classes (stocks, credits, government bonds, and alternative investments), strategy styles (value, trend, carry, and volatility), and underlying risk factors (growth, illiquidity, inflation, and tail risks).
The authors emphasize the time-varying nature of expected returns, the importance of diversification, and the use of leverage on low volatility assets.
The book is praised for its well-researched and insightful content, making it a valuable resource for both practitioners and academics in the field of finance.
It covers three different ways to analyze expected returns: by asset classes (stocks, credits, government bonds, and alternative investments), strategy styles (value, trend, carry, and volatility), and underlying risk factors (growth, illiquidity, inflation, and tail risks).
The authors emphasize the time-varying nature of expected returns, the importance of diversification, and the use of leverage on low volatility assets.
The book is praised for its well-researched and insightful content, making it a valuable resource for both practitioners and academics in the field of finance.
Mentioned by
Mentioned in 3 episodes
Mentioned by 
Byrne Hobart
121 snips
E57: Pod Shops; Contrarian Vibe Checks; Scaling Laws Analysis
Recommended by 
Cliff Asness
71 snips
Cliff Asness — Quant Origins, Value Crashes, and Market Inefficiencies
Mentioned by ![undefined]()
Cameron Passmore
Episode 331 - Cameron in Norway: The Indexing Revolution, and Key Lessons from Past Guests
