Examlex
Which of the following is thought to be the descendant of ancient bacteria?
Markowitz
Refers to Harry Markowitz, an economist known for his pioneering work in modern portfolio theory and investment diversification.
Systematic Risk
The type of risk inherent to the entire market or an entire market segment, also known as market risk, which cannot be eliminated through diversification.
Diversification
An investment strategy that spreads exposure across various assets to reduce risk.
Unsystematic Risk
The risk associated with an individual asset or firm, which can be mitigated through diversification.
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