Question
Which of the following statement is false? a, Risk seeking investor is the typical profile of a gambler, will choose to gamble because its not
Which of the following statement is false?
a, Risk seeking investor is the typical profile of a gambler, will choose to gamble because its not about the returns.
b, Risk seeking investor loves taking risk, and gets additional pleasure by taking the risk.
c, A risk lover definitely wants to increase his returns but his utility (level of happiness) increases from the extra risk that he takes.
d,For risk lovers, the risk-return curve slopes downwards, i.e. the return they receive reduces and the risk increases.
e, All the above are true
f, None are true
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