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Consider the characteristics of the following three stocks: Expected Return Standard Deviation Thumb Devices 13% 23% Air Comfort 10 19 Sport Garb 10 17 The
Consider the characteristics of the following three stocks: Expected Return Standard Deviation Thumb Devices 13% 23% Air Comfort 10 19 Sport Garb 10 17 The correlation between Thumb Devices and Air Comfort is -0.12 . The correlation between Thumb Devices and Sport Garb is 0.89 . The correlation between Air Comfort and Sport Garb is -0.85 . If you can pick only two stocks for your portfolio, which two stocks should be included in your portfolio to eliminate the most risk? Why
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