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A failure to set expectations for subordinates can damage a professional's credibility.
Portfolio
An assortment of financial assets including stocks, bonds, and commodities, as well as cash and near-cash items like mutual funds and ETFs.
Sharpe Ratio
Reward-to-volatility ratio; ratio of excess return to portfolio standard deviation.
Standard Deviation
Standard Deviation is a measure of the dispersion or variability of a set of data points or investment returns around the mean.
Returns
The profit or loss derived from an investment over a particular period, usually expressed as a percentage.
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