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A portfolio that combines two assets having perfectly positive correlation returns cannot reduce the portfolio's overall risk below the risk of the least risky asset.
Narcotic Drugs
Substances that produce a state of narcosis, including pain relief and sleep, often leading to dependence and addiction.
Second Trimester
The middle period of human pregnancy, spanning from the 13th to the 26th week, characterized by continued development of the fetus.
Extreme Stress
A condition resulting from facing events or situations that are perceived as overwhelmingly difficult to cope with, often leading to significant physical or psychological strain.
Personality Disorder
A type of mental disorder in which an individual exhibits patterns of thinking, feeling, and behaving that significantly deviate from cultural norms, impairing personal, social, and occupational functioning.
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