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Huston and Melz called both bland and tempestuous unions because these two marriage types evidenced only one of two desirable attributes.
Longer Time Period
A timeframe that extends beyond the short term, often implying a broader scope for assessment or investment.
Portfolio Beta
A measure of a portfolio's volatility relative to the market as a whole; it indicates the sensitivity of the portfolio's returns to market returns.
Unsystematic Risks
Risks that affect a specific company or industry, as opposed to the market as a whole, including management decisions or product recalls.
Well-Diversified Portfolio
An investment portfolio that spreads risk and opportunity across a wide range of assets and sectors, aiming to reduce the impact of any single investment's poor performance.
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