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Suppose that each of 400 people is equally likely to vote “yes” or “no” in an election. What’s the size of the standard deviation for the total number of “yes” votes?
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You are the Chief Executive Officer (CEO) and considering a diversification. Your Chief Financial Officer (CFO) recommends an acquisition, whereas an external advisor recommends an alliance. Historically, your company has been equally successful in acquisitions as in alliances. Should you therefore be indifferent between these two options?
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Based on 12 month look back period cross section based momentum, What will you do with the stock Kavy and Co.
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