Portfolio Diversification Often Focuses on Cross-Industry Diversification to Pick Up

question 16

Essay

Portfolio diversification often focuses on cross-industry diversification to pick up correlation coefficients and risk-expected return characteristics that create the portfolio effect. Suggest a realignment of "industry" classifications to reflect fundamental relationships sought through the more casual traditional industries.

---

Definitions:

Unconditional Positive Regard

A therapeutic stance characterized by accepting and supporting the client without judgement, emphasizing the value of the client as a person regardless of their behavior.

Congruence

In therapy, the alignment between a person's internal feelings and their external expressions, considered crucial for authentic and therapeutic communication.

Person-Centered Therapy

A form of psychotherapy developed by Carl Rogers that focuses on providing a supportive environment where clients can enhance their self-understanding and find their own solutions to problems.

Existential Therapies

A group of psychotherapies that focus on exploring the human condition, including themes of freedom, death, isolation, and meaning, to help individuals confront existential crises.