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Lecture Investments (6/e) - Chapter 8: Optimal risky portfolios

In Chapter 8 we discussed optimal risky portfolios. That decision governs how an investor chooses between risk-free assets and “the” optimal portfolio of risky assets. This chapter explains how to construct that optimal risky portfolio. We begin with a discussion of how diversification can reduce the variability of portfolio returns. After establishing this basic point, we examine efficient diversification strategies at the asset allocation and security selection levels.



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Lecture Investments (6/e) - Chapter 8: Optimal risky portfolios Lecture Investments (6/e) - Chapter 8: Optimal risky portfolios Investment environment, Lecture Investments, Active portfolio management, Capital markets, Optimal risky portfolios, Correlation effects
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