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Old 08-11-2007, 11:41 AM
DesertCat DesertCat is offline
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Join Date: Aug 2004
Location: Pwned by A-Rod
Posts: 4,236
Default Re: Portfolio Beta related question

Leverage increases volatility, i.e. beta.

Malkiel also said in my copy of Random Walk (page 234, copyright 2003) said that studies show no relation between beta and returns.
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