The Mutual Fund Theorem
Is creating diversified portfolios really the ultimate solution? Isn't that too simple?
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Michael Finke, PhD, CFP®, professor of wealth management and director for the Granum Center for Financial Security, interviews Nobel Laureate in Economic Sciences and Professor of Finance Emeritus at Stanford University William Sharpe, PhD talk about market efficiency and how diversified portfolios, while "boring" or "simple," continue to be the best answer.
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