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The "least of the evils" solution to the problem of evil raises the question about whether it is fair to allow an innocent man to suffer even if he will receive an elaborate reward later on.
Systematic Risk
The inherent risk that affects the entire market or economy, and cannot be avoided through diversification.
Unsystematic Risk
The danger linked to a particular business or sector, which can be lessened by spreading investments across different areas.
Well-Diversified Portfolio
A collection of investments across various asset classes and industries intended to reduce risk through the principle of diversification.
Historical Relationship
A reference to the way entities or variables have interacted or correlated with one another in the past.
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