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According to the textbook,individuals with high IQ scores
Risk-Free Rate
The theoretical rate of return on an investment with no risk of financial loss, often represented by government bonds.
Market Neutral Bets
Investment strategies aiming to profit from both increasing and decreasing prices in one or more markets, whilst minimizing exposure to market risk.
Considerable Leverage
The use of borrowed capital to increase the potential return of an investment.
Survivorship Bias
Bias in the average returns of a sample of funds induced by excluding past returns on funds that left the sample because they happened to be unsuccessful.
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