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Orlando has recently felt a few pangs of pain in his upper molars, and on two occasions has been unable to eat. "It's probably nothing. I don't need to go to the dentist," he tells himself. Orlando has had a fear of dental work for many years, and is unconsciously terrified that he may need a root canal. Which defense mechanism is he currently employing as he refuses to accept that he may need extensive dental work?
Efficient Frontier
A concept in modern portfolio theory that represents portfolios offering the highest expected return for a given level of risk or the lowest risk for a given level of expected return.
Overpriced Securities
Financial instruments that are valued higher in the market than their intrinsic worth, often due to speculative activities.
Negative Alphas
A situation where an investment's return is less than the return predicted by its associated risk (alpha less than 0).
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