Prof. Kenneth French explains that for most investors, the best definition of risk is uncertainty about lifetime consumption. He also offers helpful examples from investors' everyday lives to simplify complex ideas. … [Read more...] about Kenneth French on How to Think About Investment Risk
Bitcoin and other cryptocurrencies are receiving intense media coverage, prompting many investors to wonder whether these new types of electronic money deserve a place in their portfolios. Cryptocurrencies such as bitcoin emerged only in the past decade. Unlike traditional money, no paper notes or metal coins are involved. No central bank issues the currency, and no regulator or nation state stands behind it. Instead, cryptocurrencies are a form of code made by computers and stored in a … [Read more...] about To Bit or Not to Bit: What Should Investors Make of Bitcoin Mania?