Debunking conventional wisdom: Are you really chasing ‘beta’ or ‘alpha’?

Over any 12-month period, equities have historically, on an average, outperformed bonds 60-70% of the time. Therefore, it makes sense that the consensus is for equities to outperform in the coming 12 months – probabilistically this has been the most likely outcome.

from Markets-Economic Times https://ift.tt/3DpFe4R