Examlex
During early childhood, children's play becomes __________.
Risk Aversion
A person's or entity's reluctance to take risks, preferring lower returns with known risks over higher returns with unknown risks.
Total Risk
The complete range of possible risks, including both systematic and unsystematic risks, that can affect the value of an investment.
Portfolio Returns
The gain or loss on an investment portfolio over a period of time, reflecting the overall performance of the investments.
Roll's Critique
A theoretical argument suggesting that it is impossible to create a truly diversified market portfolio due to the vast number of assets in existence.
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