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Failure to diversify increases the risk of an investment portfolio. Why should an investor not expect to earn extra returns from such a strategy? Short-term

Failure to diversify increases the risk of an investment portfolio. Why should an investor not expect to earn extra returns from such a strategy? Short-term strategies do not earn extra returns. A person is not paid extra for bearing risk that can be avoided. Long-term strategies do not earn extra returns. A person is not paid extra for actions related to investment portfolios.

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