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Pollock Suggests That Rather Than Ask, "How Is It Possible

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Pollock suggests that rather than ask, "How is it possible to discover DNA, or find a cure for cancer?" the epistemologist has traditionally begun by asking, ...


Definitions:

Relevant Risk

The portion of an investment's risk that cannot be eliminated through diversification, also known as systematic or market risk.

Market Portfolio

A theoretical portfolio of all assets in the market, with each asset weighted according to its market capitalization.

Efficient Frontier

A concept in modern portfolio theory which represents a set of optimal portfolios that provide the highest expected return for a defined level of risk or the lowest risk for a given level of expected return.

Indifference Curve

A curve connecting all portfolios with the same utility according to their means and standard deviations.

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