Enhanced beta: Difference between revisions

Enhanced beta (view source)

119 bytes added , 20 December 2018

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-Look out — someone’s seen you coming. Given that [[beta]] is defined as the unenhanced market average — then anyone who comes up with the idea of ''enhancing'' it is either a moron, [[or]]<ref>This seems to be one of those rare occasions where [[and/or]] might be justified. But I still can’t bring msyelf to do it.</ref> up to no good.
+Look out — someone’s seen you coming. Given that [[beta]] is defined as the unenhanced market average — then a [[salesperson]] who comes along hawking the idea of ''enhancing'' it is either a moron, [[or]]<ref>This might be an occasion where “[[and/or]]” is justified: the most likely case is that this person is both a moron ''[[and]]'' is up to no good, but it could be one or the other. But I still can’t bring myself to do it.</ref> up to no good.
 {{greeks}}
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