'The Missing Risk Premium': A Book That Will Change the Way You Think About Trading
By Aaron Brown Sep 10, 2012 11:15 am
Eric G. Falkenstein argues that there is no risk premium and there never was, so conventional investing advice is deeply misguided.
The Missing Risk Premium: Why Low Volatility Investing Works rates four stars on each of the following four scales:
There aren't many quadruple four-star books out there, which automatically makes this interesting. It's also a bargain, at $14.95. When I reviewed the author's first book, Finding Alpha: The Search for Alpha When Risk and Return Break Down, I complained about the $95 list price and suggested it should be $25 list to sell for $15 at Amazon. I don't know if he was paying attention, but if he was, he traded through my bid by a nickel. Unfortunately he didn't listen to my complaints about the copy editing and production values.
No positions in stocks mentioned.
The information on this website solely reflects the analysis of or opinion about the performance of securities and financial markets by the writers whose articles appear on the site. The views expressed by the writers are not necessarily the views of Minyanville Media, Inc. or members of its management. Nothing contained on the website is intended to constitute a recommendation or advice addressed to an individual investor or category of investors to purchase, sell or hold any security, or to take any action with respect to the prospective movement of the securities markets or to solicit the purchase or sale of any security. Any investment decisions must be made by the reader either individually or in consultation with his or her investment professional. Minyanville writers and staff may trade or hold positions in securities that are discussed in articles appearing on the website. Writers of articles are required to disclose whether they have a position in any stock or fund discussed in an article, but are not permitted to disclose the size or direction of the position. Nothing on this website is intended to solicit business of any kind for a writer's business or fund. Minyanville management and staff as well as contributing writers will not respond to emails or other communications requesting investment advice.
Get The Minyanville
Daily Recap Newsletter
Daily Recap Newsletter