Can you explain to him how Fama and French expanded the CAPM model, and the widely empirically proven and practiced protection of having a diversified portfolio - basic stock portfolio theory that illudes him - beyond one or two stocks. He struggles to grasp it, never mind how basic and simplistic it was in looking at volatility as a risk, rather then a potential return....
Oh no you can't. Beyond poor one line quips and welching on lost bets that you insisted on, you don't really provide anything on these ZIP threads do you?
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