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Business, 23.10.2019 03:30 brittneylouise2852

"active investment management may at times generate additional returns of about .1%. however, the standard deviation of the typical well-diversified portfolio is about 20%, so it is very difficult to statistically identify any increase in performance." even if true, this statement is an example of the problem in deciding how efficient the markets are. a. magnitudeb. selection biasc. lucky eventd. allocation

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