Data Update 4 for 2021: The Hurdle Rate Question!
Musings on Markets
FEBRUARY 10, 2021
I know that many of you are not fans of modern portfolio theory or betas, but ultimately, there is no way around the requirement that you need to measure how risky a business, relative to other businesses. (More on that issue in a future data update post.) But what if the company is looking at a project in Nigeria or Bangladesh?
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