... an investment can be measured by the variance in actual returns around an
expected return
E(R)
Riskless Investment Low Risk Investment High Risk Investment
E(R) E(R)
Risk that is specific to investment ... that if some investments earn
consistently higher returns than other investments, they must be riskier. Consequently,
we could look at the characteristics that these high-return...
...
Rebecca Demarest, and Emiliano Villarreal
February 2011: First Edition.
February 2012: Second Edition.
Revision History for the Second Edition:
2012-02-07 First release
See http://oreilly.com/catalog/errata.csp?isbn=0636920020141 ...
95472.
O’Reilly books may be purchased for educational, business, or sales promotional use.
Online editions are also available for most titles (http://m...