Ditching two old assumptions that could benefit investors
May 28, 2021
2 minutes
By Bhekinkosi Khuzwayo and Teboho Tsotetsi
n his book , Howard Marks argues that investing is all about making decisions today about the future. Unfortunately, nobody has perfect foresight of the future. Therefore, the investment decisions we make today carry the risk that the future may not pan out as expected. Since investing is essentially a process of balancing expected risk and expected returns; proper estimation of risk is
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