[What if my advisor talks only about returns, not risk?] ... It's his job to take risk into account by telling you… — William Forsyth Sharpe Accounts Copy Share Image
Properly measured, the average actively managed dollar must underperform the average passively managed dollar, net of costs. Empirical analyses that appear to… — William Forsyth Sharpe Active management Copy Share Image
Some investments do have higher expected returns than others. Which ones? Well, by and large they're the ones that will do the… — William Forsyth Sharpe Bad time Copy Share Image