In 2009, the market bottomed out in mid-March. Ever since, the financial sector has shown the biggest returns. In addition, securities in the financial sector had the highest beta as well. Take IRE for example, its beta is currently 4.1 and it had a 2,957% gain from its March bottom in about 7 months. This shows that the greater the beta sometimes the higher the reward. However, that is not to say there will not be a lot of risk involved.
Furthermore, Dan Zanger was able to make 29,233% in the tech bubble as a result of trading high beta tech stocks. This is the world record for the most percent in one year. You can learn more about Dan Zanger by visiting his website at http://www.chartpattern.com/. On his website, he shows the signed document where he had a professional money managing firm audit his account.
Investopedia explains beta in this link, http://www.investopedia.com/terms/b/beta.asp.
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