document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1171706>Question 1171706</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Please help me solve this question.\r<BR>\n" );
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document.write( "Does a portfolio formed from the mix of three investments have more risk (variance) than a portfolio formed from two?\r<BR>\n" );
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document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #796688 by </B><A HREF=/tutors/aboutme.mpl?userid=Solver92311><B>Solver92311(821)</B></A><img src=\"/images/stars/stars-11.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=Solver92311><IMG SRC=http://www.algebra.com/images/aboutme-small.gif BORDER=0 alt=\"About Me\" VALIGN=MIDDLE></A>&nbsp;<IMG SRC=http://www.algebra.com/cgi-bin/show-face.mpl?user=Solver92311><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=796688\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> <font face=\"Times New Roman\" size=\"+2\">\r<BR>\n" );
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document.write( "A portfolio consisting of three very low-risk securities would have less variance than a portfolio consisting of two high-risk securities.  There are situations where there would be no statistical difference, and there are situations where three would be riskier than two.  The bottom line: the answer is \"not necessarily true or false\".\r<BR>\n" );
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document.write( "John<BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=\"/cgi-bin/rendertex.cgi?\LARGE e^{i\pi}\ +\ 1\ =\ 0\"><BR>\n" );
document.write( "My calculator said it, I believe it, that settles it<BR>\n" );
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document.write( "From <https://www.algebra.com/cgi-bin/upload-illustration.mpl> <BR>\n" );
document.write( "I > Ø<BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=\"/cgi-bin/rendertex.cgi?\Large \ \\r\"> </SPAN>\n" );
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