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A professor was given an administrative warning after he made an inappropriate joke about Princess Diana shortly after her death. Students were likely upset because they saw Princess Diana as a profane individual worthy of special attention and respect.
Market Portfolio
A theoretical portfolio that includes all assets available in the market, with each asset weighted by its market capitalization.
Beta
A benchmark for evaluating the volatility or systematic risk of a security or portfolio vis-à-vis the wider market.
Risk-Free Rate
The theoretical rate of return of an investment with zero risk, often represented by the yield on government securities.
Market Portfolio
A theoretical bundle of investments that includes all types of assets available in the market, with each asset weighted by its market capitalization.
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