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Abnormal Returns: Winning Strategies from the Frontlines of the Investing Blogosphere by Tadas Viskanta

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Return

NOBODY GETS INVOLVED IN INVESTING BECAUSE OF A BURNING desire to manage risk. As important as understanding and managing risk is, it often gets left out of discussions of investing. The concept of risk is opaque and works against our intuition. On the other hand, returns are transparent and highly publicized. There are few industries where a manager’s performance is quoted on a daily basis as happens in the investment industry.

Because performance is quoted on shorter-term time frames like days, months, and quarters, we often neglect ...

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