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