Is Volatility a Reasonable Measure of Risk When Evaluating Large

question 26

Essay

Is volatility a reasonable measure of risk when evaluating large portfolios?

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Definitions:

Artisan Lien

An Artisan Lien is a legal claim or right granted to craftsmen or laborers on the property they have improved or constructed as security for payment owed to them.

Improver

In legal terms, a person who enhances the value of property (not their own) through labor or new additions.

Property

Refers to legally owned items or assets, including real estate, personal items, and intellectual property.

Compensation

Payment or benefit given to someone, often as a reparation for loss, injury, or suffering.