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Referring to the chapter feature, "The Global Record: Nelson Mandela and the Universality of Human Values, " answer the following question: everyone has heard of the many political triumphs of Mandela, but what does anyone know of the personal man who spent 27 years in prison because of his fight against apartheid? By studying his speech, what does a person learn about the personal man that is Mandela?
Mean-Variance Optimizers
Tools used in finance to allocate assets in a portfolio in a way that maximizes return for a given level of risk based on the expected returns and variances of those assets.
Fully Informed
A state or condition where all relevant information is known to all parties involved.
Security-market Line
A graphical representation of the relationship between expected return and beta (systematic risk) of an investment.
Capital-market Line
A line on a graph representing the rates of return for efficient portfolios that optimally balance risk and return, based on the risk-free rate and the market portfolio.
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