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Making the best out of worst possible outcome

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Reference no: EM133223271

Question 1.

Suppose your company's method of making decisions under risk is "making the best out of the worst possible outcome." What rule would you be forced to follow?

Questions 2.

"A portfolio manager needs to pick winners-assets or securities with high expected returns and low risk." What is wrong with this statement?

Reference no: EM133223271

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