tag:blogger.com,1999:blog-4528393111359731672.post734984723994414467..comments2024-03-24T00:19:53.054+00:00Comments on Green All Over: Codswallop Cassinihttp://www.blogger.com/profile/05879449876804295094noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-4528393111359731672.post-25674048808472349562017-03-11T00:22:07.734+00:002017-03-11T00:22:07.734+00:00You're ignoring the fact that if Fund C has a ...You're ignoring the fact that if Fund C has a higher sharpe ratio, you can leverage it to get greater performance per unit of risk than the index. So you can take the level of volatility up to the expected volatility of the index, and outperform.<br /><br />The real reason the article is stupid is because no one could predict that it was Fund C (rather than the others) that would have the higher sharpe ratio.Philhttps://www.blogger.com/profile/15147281546842041442noreply@blogger.com