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Data Update 2 for 2021: The Price of Risk!

Musings on Markets

If, on the other hand, investors are risk neutral, the price of risk will be zero, and investors will buy risky business, stocks and other investments, and settle for the risk free rate as the expected return.

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In Search of a Steady State: Inflation, Interest Rates and Value

Musings on Markets

Inflation: The Full Story I wrote my first post on this blog in 2008, and inflation merited barely a mention until 2020, though it is an integral component of investing and valuation.