Examlex
Why is it important for leagues to limit the entry of teams within a given geographical area?
Diversification
A risk management strategy that involves spreading investments across various financial instruments, industries, or other categories to reduce exposure to any single asset or risk.
Risk-Averse Investors
Investors who prioritize minimizing risk over maximizing returns, often choosing safer, lower-yield investments.
Uncertainty
The state of having limited knowledge where it is impossible to exactly describe the existing state, a future outcome, or more than one possible outcome.
Negatively Correlated
A relationship between two variables in which one variable increases as the other decreases.
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