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The Anglo Disease - Financiers worried about end of great bull run | 42 comments (42 topical, editorial, 0 hidden)
Re: This is very helpful (none / 0)
The relation between stocks returns and yields is incomprehensibly "explained" in the wikipedia article on the Sharpe Ratio.

Maybe the article on Modern Portfolio Theory will be more instructive, but I think it's overkill - more than you need to know about any of this. However, this diagram from the article hopefully makes it clear what "excess return above risk-free" means.

Can the last politician to go out the revolving door please turn the lights off?

by Carrie (migeru at eurotrib dot com) on Wed Jun 20th, 2007 at 05:52:04 AM EST
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The Anglo Disease - Financiers worried about end of great bull run | 42 comments (42 topical, 0 editorial, 0 hidden)
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