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Friday, 02/03/2017 9:54:12 PM

Friday, February 03, 2017 9:54:12 PM

Post# of 2133
SA: "Why Many Investors Fail"

•New academic research illustrates that the equity risk premium has been attributable to only a small number of stocks.

•While average returns are positive, median returns for U.S. stocks trail the risk-free rate. Positively skewed strong performers tilt the market returns positive.

•The article discusses implications of this research on portfolio construction.

http://seekingalpha.com/article/4042396-many-investors-fail

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