Everyone's trying to beat the market. When the market is doing well, it gets har...

rconti on March 20, 2019 | parent | context | favorite | on: Wall Street’s Latest Love Affair with Risky Repack...

Everyone's trying to beat the market. When the market is doing well, it gets harder and harder to beat, without taking on more and more risk, which always looks smart in the short run because everything's going so well! Until it isn't.