CAPM: The Dangers of Calculated Risk
The Capital Asset Pricing Model (CAPM) is one of the most widespread asset pricing models in the financial world, but did you know that its results are not so reliable? According to Professor Pablo Fernández and researcher José Maria Carabias, both of IESE, it is possible to obtain an “Ã la carte” Beta coefficient. Should we thus blindly entrust the results of our investments … [ Read more ]
Content: Article | Authors: María Carabias, Pablo Fernández | Source: IESE Insight | Subject: Finance