
- UID
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- 帖子
- 316
- 主题
- 6
- 注册时间
- 2011-7-11
- 最后登录
- 2014-8-4
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surely a low beta but high total risk is a sign of lots of nonsystematic risk. In a well diversified portfolio (in a integrated market) you need to look at Return vs Covariance (beta) not variance. Investor only faces systematic risk beta so C. |
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