Session 12: Portfolio Management
Reading 51: Portfolio Management: An Overview
LOS a: Explain the importance of the portfolio perspective.
In the Markowitz framework, an investor should most appropriately evaluate a potential investment based on its:
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A) |
effect on portfolio risk and return. | |
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B) |
intrinsic value compared to market value. | |
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Modern portfolio theory concludes that an investor should evaluate potential investments from a portfolio perspective and consider how the investment will affect the risk and return characteristics of an investor’s portfolio as a whole. | 
发表于 2011-3-24 15:31
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