Mean Reversion: Universal Truth Or Human Delusion?
A monitor displays an index chart on the floor of the NYSE, in New York. (Photographer: Michael Nagle/Bloomberg)

Mean Reversion: Universal Truth Or Human Delusion?

BloombergQuintOpinion
The concept of ‘mean reversion’, and the risk of applying it to investing without understanding it adequately!The basic definition of ‘mean reversion’ is that asset prices and historical returns wi...
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