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In 1959,Robert White Suggested That Babies Are Born with a Desire

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In 1959,Robert White suggested that babies are born with a desire to master their environment,an ambition he termed mastery orientation.


Definitions:

Jensen's Measure

Also known as alpha, it's a metric used to evaluate the performance of an investment portfolio by comparing its risk-adjusted return to a benchmark.

Residual Standard Deviation

A measure of the amount of variance in a dataset not explained by the predictive variables, often used in regression analysis.

Total Abnormal Return

The sum of the differences between the expected return on a security, based on a model like the CAPM, and the actual return over a specific period.

Bogey Portfolio

A benchmark portfolio against which the performance of an investment portfolio can be measured.

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