4 ms·
Seems like a lot of people here are using the term "beat the market" to mean "had higher nominal returns than the market" which is not a very useful metric with
by tuesdayrain 7y ago
Seems like a lot of people here are using the term "beat the market" to mean "had higher nominal returns than the market" which is not a very useful metric without taking risk into account.
- bumby 7y agoI wonder if wine experiences the same price volatility as stocks. I can speculate reasons why they wouldn't and would thus still provide better risk-adjusted returns but I really don't know.
- mruts 7y agoMaybe they wouldn’t be expressed as annualized volatility and only expressed as long tail risk: blight, climate change, etc.