Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality

Iraq Dinar/News is a popular topic among many topics this board offers. You must log in to see and participate in our Dinar sections.

Position yourself for free after watching the video on eCommerce at www.nenosplace.ipronetwork.com

Neno

I can be reached by phone or text 7am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.
Established in 2006 as a Community of Reality

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2017


Term of the Day portfolio separation theorem

Share
avatar
Lobo
Moderator
Moderator

Posts : 25742
Thanked : 1246
Join date : 2013-01-12

Term of the Day portfolio separation theorem

Post by Lobo on Tue Jun 23, 2015 9:36 pm

Term of the Day
portfolio separation theorem
Observation that the construction of a diversified portfolio of risk-free investments and those with varying degree of risk is unaffected by the investor's personal preferences. That is, aninvestor makes choices on the basis of the net present value of the projected returns and not on his or her level of risk tolerance. Since this behavior separates the decision about the type of investments from the decision about the acceptable level of risk, it is named portfolioseparation theorem. Its implication is that a company's choice of debt-equity ratio is inconsequential. Also called Fisher's Separation Theory after its proposer, the U.S. economistIrving Fisher (1876-1947).

    Current date/time is Thu Jul 20, 2017 5:39 pm