Not exact matches
From that sample, we
seek out companies that have
return on equity of at least 12 % and a beta above 1, indicating that a company is less volatile than the
market average.
Rather, they
seek to provide stability with an
average annual
return that's a few points higher than the
return on three - month US Treasury bills, independent of whether the
market is going up or down.
Conversely, when many decide to index, those who do not index have a better chance at earning above normal
returns, because there is a large chunk of naive capital in the
market seeking average returns with certainty.