Awash in Capital
The global wall of cash is driving down returns but increasing risk as investors seek higher return investment vehicles or utilize leverage. This article by William Bernstein of "The Efficient Frontier"addresses these issues.
A celebration of value thinking, a salute to common sense and straightforward logic. I hope to explore the logic of Wall Street recommendations in a value context. Many of these ideas are employed in my portfolios and those of my family, friends, and clients. Please bear in mind that ALL ideas, opinions, and/or forecasts are for informational or entertainment value ONLY and should NOT be construed as a recommendation to invest, trade, or speculate in the stock market.
The global wall of cash is driving down returns but increasing risk as investors seek higher return investment vehicles or utilize leverage. This article by William Bernstein of "The Efficient Frontier"addresses these issues.
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