barra handbook reading notes
2016-09-23 本文已影响0人
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Why Risk is Important
Superior investment performance is the product of careful attention
to four elements:
* forming reasonable return expectations
* controlling risk so that the pursuit of opportunities remains tempered by prudence
* controlling costs so that investment profits are not dissipated in
excessive or inefficient trading
* controlling and monitoring the total investment process to maintain
a consistent investment program