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by ethanbond 3569 days ago
Oh so all you've gotta do is pick cheap, safe, quality stocks.

Got it.

1 comments

Low beta just means low historic correlation with market returns. It can be computed mechanically with no subjective judgement needed

https://en.m.wikipedia.org/wiki/Capital_asset_pricing_model

If you had invested in low beta stocks, leveraged at the same level as Buffett you would not have performed much worse.