Question
What is the difference between systematic and unsystematic risk? Which one can be diversified away? Which one is priced? What is the efficient frontier? Define
What is the difference between systematic and unsystematic risk? Which one can be diversified away? Which one is priced? What is the efficient frontier? Define and link the Sharpe Ratio, the Efficient Frontier, and the CAL to the focus of portfolio theory. What is the separation property (first noted by Tobin)? Explain.
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The Complete Direct Investing Handbook
Authors: Kirby Rosplock
1st Edition
1119094712, 978-1119094715
