i will upvote immediately.

Stocks offer an expected return of 18% with a standard deviation of 22%, and gold offers an expected return of 10% with a standard deviation of 30%. In light of the apparent inferiority of gold, why would anyone hold gold? all of the answers are correct Because of gold's historically low correlation with other assets, Because gold is a hedge against Inflation e Because gold prices tend to move against the market. Portfolio risk is reduced by combining securities with: less than perfect correlation. perfect correlation high standard deviations. low standard deviations Buy Low, Sell High is a bit of age-old advice that encourages investors to be disciplined, and though it seems too obvious to be useful, on the surface, it is actually is helpful in encouraging investors to avoid: framing the disposition effect. mental accounting representativeness blas