Evidence and Explanations of the Failure of the Standard Risk Premium

CFA Institute invites you to view this informative webinar to learn about failings of the standard risk-return theory. When should you use high-risk investments, or should you avoid them altogether? How should investors frame risk to their clients?

In this webinar we will:

• explain what the risk-return theory is and why we think it works;
• show that in practice it does not work; and
• present some theories offered as to why the risk-return theory does not work.

Note that this generates a simple positive recommendation: avoid high-risk investments in general.

This is an archived recording of a live webinar that took place on 15 January 2019.