A portfolio manager needs to pick winnersassets or securities with high expected returns and low risk. What

Question:

A manager needs to pick winners—assets or securities with high expected returns and low risk. What is wrong with this statement?

Portfolio
A portfolio is a grouping of financial assets such as stocks, bonds, commodities, currencies and cash equivalents, as well as their fund counterparts, including mutual, exchange-traded and closed funds. A portfolio can also consist of non-publicly...