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Suppose correlation for a given pattern of data (non-financial or financial) were .3. Please look for some visual patterns (pretty famous set of pics) that
- Suppose correlation for a given pattern of data (non-financial or financial) were .3. Please look for some visual patterns (pretty famous set of pics) that all contain the same correlation figure, but which all look wildly different from one another, as well as our expectations. Why are these varying patterns so useful for our understanding as asset allocators?
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