Beta Is Back

One Factor to Bind Them Professor William Sharpe won the 1990 Nobel Memorial Prize in Economic Sciences for developing the capital asset pricing model, which, among other aspects, asserted that a stock’s expected return depended upon only a single factor: its “beta.” Its Greek name aside, the…

#bindthem #williamsharpe #greek #enron #warrenbuffett #nobelmemorialprize #nobel #eugenefama #kennethfrench #vanguard