There are no short cuts in investing - Nobel Laureate William F. Sharpe
Nobel Laureate William F. Sharpe explains how futile it is to read sure-thing investing books or watch the latest financial guru to find easy answers on weathering the financial crisis or filling the holes in your portfolio.
Part of a series discussion on "Stanford Pioneers in Science", a program sponsored by Stanford Continuing Education.
Interviewed by Paul Costello, communication and public affairs director, School of Medicine
"Some investments do have higher expected returns than others. Which ones? Well, by and large they're the ones that will do the worst in bad times." Bill Sharpe