Theory and common sense

Published: April 23, 2018, 3:01 p.m.

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Steven D. Bleiberg, managing director and portfolio manager at Epoch Investment Partners, Inc., joins the regular cast of characters\\xa0 for a lively discussion of modern portfolio theory and its limitations.

2:50 What is a stock, a portfolio, the #market?

6:20 The theory is now #reality

11:05 #Risk, asymmetry and indexing

14:33 Profit and the cost of #capital

Subscribe to the Grant's Podcast on iTunes, Stitcher, iHeart Radio and Google Play Music.\\xa0 Grant's Interest Rate Observer is available at www.grantspub.com

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