Joaquil a fund that boasted a 25% return in its marketing materials Eagerly, he invested $100,000 without doing any research into the fund. A year later, he had $125,000 in the bank. However, he was not pleased with the high return once he learned about the Sharpe Ratio. What is CINE the most likely reason why?

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
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Joaquim recently learned about
a fund that boasted a 25%
return in its marketing materials.
Eagerly, he invested $100,000
without doing any research into
the fund. A year later, he had
$125,000 in the bank. However,
he was not pleased with the
high return once he learned
about the Sharpe Ratio. What is
the most likely reason why?
10
-----
www
Transcribed Image Text:Joaquim recently learned about a fund that boasted a 25% return in its marketing materials. Eagerly, he invested $100,000 without doing any research into the fund. A year later, he had $125,000 in the bank. However, he was not pleased with the high return once he learned about the Sharpe Ratio. What is the most likely reason why? 10 ----- www
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