Examlex
All judicial citations follow the same format: case name, volume number of the reporter in which the case is published, name of the reporter, and the page of the reporter on which the case begins.
Security Selection
The process of choosing individual securities for investment with the goal of achieving the best possible return for a given level of risk.
Passive Strategy
A portfolio decision that avoids any direct or indirect security analysis. See passive management.
Index Funds
Investment funds designed to replicate and track the components of a market index.
Sharpe Measure
A financial metric used to measure the performance of an investment compared to its risk, indicating how much excess return you are receiving for the extra volatility endured by holding a riskier asset.
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