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Hi Jurgen. Thanks for your comment. Yes, past on the sample period, bitcoin had the best return relative to its standard deviation. However, my point is that both return and risk are so far removed from traditional asset returns and risk that one needs to be cautious, particularly going forward.

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Stephen Foerster
Stephen Foerster

Written by Stephen Foerster

I’m an award-winning author and Finance prof, CFA. I write stories about investing and investment history. (I don’t give financial advice.)

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