# Co-authored research by Prof. Lasse Pedersen finds taking fewer risks leads to higher returns

1 Faculty News March 30, 2012 ![Financial Times logo](/sites/default/files/styles/246w/public/assets/images/uat_025700.jpg?itok=LSPbU2V1)>

Excerpt from [Financial Times](http://www.ft.com/intl/cms/s/0/51a8d508-77e1-11e1-b437-00144feab49a.html#axzz1qbmx86n9) -- "[Prof Pedersen](http://www.stern.nyu.edu/faculty/bio/lasse-pedersen) and Frazzini found this anomaly works in every market they tried. In all cases, taking less risk leads to higher returns relative to the amount of risk taken."

[Read more](http://www.ft.com/intl/cms/s/0/51a8d508-77e1-11e1-b437-00144feab49a.html#axzz1qbmx86n9)