Question
On average, a portfolio with a higher average return will do better than a portfolio with a lower average return. Why would an investor decide
On average, a portfolio with a higher average return will do better than a portfolio with a lower average return. Why would an investor decide to invest in a portfolio with lower average expected returns?
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Fundamentals of Investment Management
Authors: Geoffrey Hirt, Stanley Block
10th edition
0078034620, 978-0078034626
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