Consider This Argument, Adapted from the Chinese Philosopher Mencius: "Each

question 58

Essay

Consider this argument, adapted from the Chinese philosopher Mencius: "Each person naturally has feelings of compassion for others. If a person cultivates those feelings of compassion, he or she will become a good person. Therefore, people can become good simply by cultivating their natural feelings." Rewrite that argument as a numbered list of claims, clearly indicating which claim is the conclusion.

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Definitions:

Active Portfolio

An investment portfolio that is frequently adjusted or traded by managers in an attempt to outperform the market.

Dominant Strategy

A strategy that always provides a better outcome for a player, no matter what the other players do.

Reward/Risk Ratio

A financial metric that compares the expected returns of an investment to the amount of risk undertaken to capture these returns.

Nonsystematic Variance

The portion of an asset's total variance that is attributable to factors unique to that specific asset, as opposed to broader market influences.