Explain What Kant Means When He Says, "Virtue, However, Is

question 63

Essay

Explain what Kant means when he says, "Virtue, however, is not to be defined and esteemed merely as habit, and as a long custom acquired by practice of morally good actions."

---

Definitions:

Diversification

The strategy of spreading investments among different financial instruments, industries, or other categories to reduce risk.

Portfolio Risk

Describes the uncertainty or variability of returns associated with a portfolio of investments, highlighting the combined risk of individual assets.

Systematic Risk

The risk inherent to the entire market or an entire market segment, which cannot be mitigated through diversification.

Asset Specific Risk

The risk of loss associated with a particular asset, different from market risk.