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We would almost always find that the beta of a diversified portfolio is less stable over time than the beta of a single security.
Generativity
A concern for establishing and guiding the next generation, often developed during adulthood, as described in Erikson’s stages of psychosocial development.
Middle Age
A period of human life, often considered to be roughly between the ages of 40 and 65, characterized by increased personal, professional, and societal responsibilities, and sometimes a reassessment of life's goals and achievements.
Ego Integrity
A sense of completeness and fulfillment achieved in late adulthood, involving the acceptance of life's experiences and the end of one's lifespan with a sense of wholeness and satisfaction.
Disciplined Subjectivity
The practice of maintaining a personal subjective perspective while adhering to rigorous standards of reasoning and evidence.
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