Principles of Corporate Finance, 9th Edition

Category: Finance
Author: Franklin Allen
This Month Hacker News 1


by eldavido   2018-08-12
Yes and no. I read in Brealey-Myers [1] that you can get 80-90% of the way to pure beta (market risk) by picking 15-20 stocks. You just have to pick ones that aren't super correlated, e.g. 10 pharmaceutical companies.

Whether it's worth your time messing about with this is a separate matter entirely.