March 24, 2012 at 11:28 AM EDT
From the Portfolioist Bookshelf: Rethinking the Equity Risk Premium
by Geoff Considine Where do we come up with the idea that stocks “should” provide returns substantially greater than bonds? What are the factors that determine the expected future return of stocks as compared to bonds? The answers to these questions are at the core of studies into the equity risk premium (ERP) and the [...]
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