Performance, Managerial Skill, and Factor Exposures in Commodity Trading Advisors and Managed Futures Funds - Paperbackby S. Burcu Avci (Author) Understanding risk is important. Prior to 2008, as the yields on safe assets hit rock bottom, investors began to focus on an alphabet soup of more complex instruments. These complex securities were rated AAA and appeared as safe as U. S. Treasuries, but with much higher yields. The 2008 financial crisis revealed, however, that higher yields on these instruments came with higher risk, albeit too late for these investors. This