Theory and common sense
Steven D. Bleiberg, managing director and portfolio manager at Epoch Investment Partners, Inc., joins the regular cast of characters for a lively discussion of modern portfolio theory and its limitations.
2:50 What is a stock, a portfolio, the #market?
6:20 The theory is now #reality
11:05 #Risk, asymmetry and indexing
14:33 Profit and the cost of #capital
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