Data: The Risk and Reward of Investing

We examine the risk and reward of investing by constructing a uniquely comprehensivemarket portfolio of $150 trillion worth of global assets that financial investors have...本研究通过构建总价值达150万亿美元、涵盖金融投资者所持各类全球资产的独具全面性市场投资组合（market portfolio），对投资的风险与收益展开考察。