This emphasizes the importance of Statistics and Accounting in business. Risk models exist that will match your projected return with your projected risk (usually standard deviation). Remember that variances (standard deviations squared) can be added and multiplied. CAPM offers comparative insight. More details are available in classes at your local community college.
What religion are you?
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That's a disappointing response. It's basically just a truism. You can't know an investment was good or bad until it's too late.
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Rich_Guy
6 years ago
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This emphasizes the importance of Statistics and Accounting in business. Risk models exist that will match your projected return with your projected risk (usually standard deviation). Remember that variances (standard deviations squared) can be added and multiplied. CAPM offers comparative insight. More details are available in classes at your local community college.