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We extend our understanding on the role of wine investment within a portfolio of different assets (US/UK equities …-dominance approaches. The main findings suggest that wine is the best investment among all individual assets under study, and investors … investors in their investment processes and reveal the possibility of earning abnormal returns when wine is included in the …
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The financial crisis has fueled interest in alternatives to traditional asset classes that might be less a ected by large market gyrations and, thus, provide for a less volatile development of a portfolio. One attempt at selecting stocks that are less prone to extreme risks, is obeyance of...
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