1. Which of the following is NOT true?

Group of answer choices

All of these choices are true

One way to value a company is to take the sum of the present value of all of its expected future cash flows

2. Even though Buffett owns many different companies in different industries, he doesnt actually believe in diversification.

Group of answer choices

True

False

Many of the concepts that we learn from our textbooks are based upon the ideas of the Efficient Market Hypothesis

Diversification is one way we can reduce risk but it cannot eliminate all risk

Asking the question I could choose this or that takes into account the opportunity cost of a decision