By Martinez J
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Extra resources for 10 Essentials of Forex Trading
Now the Milky Way galaxy is a spiral galaxy that is approximately 100,000 light years across, so you can see that we truly do not know a precise answer other than there are billions of stars in the Milky Way galaxy. How many galaxies are in the universe? Because we can only see a fraction of the universe, this is impossible to know, but most astronomers have said that there are 100 billion to 200 billion galaxies in the universe. Their recent supercomputer put the number at more than 500 billion, in other words there is an entire galaxy for every star in the Milky Way.
A55) In fact, many fund managers are tied to a particular style and measured by how they performed relative to that style. Their benchmark is the style box they have been classified into. If the fund drifts from its designated style, the marketing pressure ensures adherence to the style box. I like to remind investors that when a manager who is tied to a benchmark (style) outperforms it, they call it alpha, however, when the manager under performs the benchmark they like to say it is tracking error.
There are those who let the market determine their holding period. And there are those who buy and hold for very long periods of time. Are there different views of risk among investors? The really sad part of this questions is that most investors do not fully understand risk and certainly do not know what their risk tolerance is, let alone how to apply it to an investment strategy. Are there different views of where the same stock’s price will be one week, one month, or one year from now? This doesn’t need any explanation because if you read financial media or watch television you know there is an unlimited supply of opinions on this.