Prior to the Work of Markowitz in the Late 1950's

question 1

True/False

Prior to the work of Markowitz in the late 1950's and early 1960's,portfolio managers did not have a well-developed,quantitative means of measuring risk.

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Definitions:

Lead Paint

A type of paint that contains lead, a toxic metal, which can pose serious health risks if ingested or inhaled.

Tap Water

Water supplied to a house or building through a municipal or community water system.

Birth Defects

Abnormalities of structure, function, or metabolism present at birth that may lead to physical or mental disability.

24-hour Period

A full day; the time it takes the Earth to complete one full rotation on its axis, widely used as the basic unit of time in various daily activities and biological rhythms.