All financial managers and economists believe that long-run historical returns are the best available measure of future returns.

Question

Quizplus · Accepted Answer

Not all financial managers and economists believe that long-run historical returns are the best measure of future returns, as they are aware that past performance is not always indicative of future results due to changing market conditions, economic factors, and unforeseen events.

All Financial Managers and Economists Believe That Long-Run Historical Returns