The principle of diversification tells us that:

A) concentrating an investment in two or three large stocks will eliminate all your risk.
B) concentrating an investment in three companies all within the same industry will greatly reduce your overall risk.
C) spreading an investment across five diverse companies will not lower your overall risk.
D) spreading an investment across many diverse assets will eliminate all the risk.
E) spreading an investment across many diverse assets will eliminate idiosyncratic risk.


E) spreading an investment across many diverse assets will eliminate idiosyncratic risk.

Business

You might also like to view...

________ is defined as the process by which managers ensure that resources are used effectively and efficiently in the accomplishment of organizational objectives

A) Review B) Monitor C) Control D) Accommodation

Business

Compare and contrast the use of negative and positive appeals in advertising messages

What will be an ideal response?

Business

Personal and fatigue allowances can include amounts for the effects of lighting, heat and humidity, and noise

Indicate whether the statement is true or false

Business

Alexis has inherited $120,000 from her grandmother's estate. She has decided to invest $10,000 in each of 12 different industries

Because she has lower than average risk tolerance, she carefully seeks out stocks so that her portfolio will have a weighted average beta of .80. A) Alexis is using traditional portfolio management techniques. B) Alexis is using modern portfolio management techniques. C) Alexis is using a combination of modern and traditional portfolio management techniques. D) Alexis seems to be unaware of modern portfolio management techniques.

Business