Professor Harry Markowitz, corecipient of the 1990 Nobel Prize in Economics, wrote the following: A portfolio with

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Professor Harry Markowitz, corecipient of the 1990 Nobel Prize in Economics, wrote the following:

A portfolio with sixty different railway securities, for example, would not be as well diversified as the same size portfolio with some railroad, some public utility, mining, various sorts of manufacturing, etc.

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Foundations Of Financial Markets And Institutions

ISBN: 9780136135319

4th Edition

Authors: Frank J Fabozzi, Franco G Modigliani, Frank J Jones

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Question Posted: Mar 02, 2024 05:00 AM

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Professor Harry Markowitz, corecipient of the 1990 Nobel Prize in Economics, wrote the following: A portfolio with

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Professor Harry Markowitzs statement highlights the concept of diversification in portfolio management Diversification refers to the practice of sprea...View the full answer

Foundations Of Financial Markets And Institutions

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