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95th Percentile & Beta Is Useless
Having trouble posting from my phone again so got to be quick. Almost back into the top 5% of Tip Ranks’ 554,000 publicly tracked portfolios and closing in on 4/5 months outperforming the S&P 500, with returns of almost 14% since May 21, 2022.

And my portfolio Beta is 1.63, which makes it a high risk portfolio. Buffet says Beta is a poor indicator for risk and I agree completely. Why a measure of volatility gets confused with risk is beyond me. Volatility creates opportunities for the educated, not risk. This is why there are winners and losers. As much as I love academic studies; they’re next to worthless in finance.

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