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To: kahunabear who wrote (30711)5/5/2005 6:24:13 PM
From: GraceZRespond to of 306849
 
My experience says they are not always.


Well this why we spend so much time sifting through investments. If risk was always priced correctly, there wouldn't be much to look for. My experience is that superior returns are almost always "wrestled from the jaws of risk" but there are instances where it isn't priced correctly.