Modern Portfolio Theory (MPT) models overstate actual returns over long investment horizons because they adopt expected mean returns without accounting for the effect of risk drag.

Authors

• Person: Not available Organization: Journal of Financial Planning
  Next Generation Investment Risk Management: Putting the 'Modern ...

Sources

• Next Generation Investment Risk Management: Putting the 'Modern ... www.financialplanningassociation.org Journal of Financial Planning via serper

Referenced by nodes (1)

• risk drag concept