Tag: illiquid stocks

Be Careful With Your Low Beta Bets

Be Careful With Your Low Beta Bets

Petri Jylha, Imperial College Matti Suominen, Aalto University Tuomas Tomunen, Columbia University Betting against beta All MBAs and Finance students learn in their basic finance courses the Capital Asset Pricing Model (CAPM), a celebrated theory largely attributable to the Nobel […]