Could what they taught you at university about modern portfolio theory have been wrong?
Professor George Athanassakos makes a case for rejecting the idea of a well-balanced portfolio and other popular investment tenets in an op-ed piece in The Globe and Mail. But the chances of this approach changing any time soon are slim, argues the Ivey professor.
"Will this change the views of risk at most universities? Of course not. Academics are too invested in the status quo to have a few value investors or even a few aging academics argue against modern portfolio theory."
