If you own a stock with volatile returns over a 2-year period, will the average return be higher or lower than the geometric return? Explain why.
Description How do you feel about the following statement: “Avoiding risks is the biggest risk of all”? That statement may seem contradictory at first, but it makes more sense if you apply the concept to various situations in life and business. For example, many people pursue a college degree because they feel it will increase […]