That solving the erp puzzle link blew my mind. ERP was such a foundational part of my education that I never thought to question it, but breaking it down as individual stocks vs index seems obvious now. But please tell me vol risk premium still exists, right...
That solving the erp puzzle link blew my mind. ERP was such a foundational part of my education that I never thought to question it, but breaking it down as individual stocks vs index seems obvious now. But please tell me vol risk premium still exists, right...