Question: 2) What is the difference between alpha and beta risk? Which one can be reduced through diversification? 3) What factors drove the growth of the

 2) What is the difference between alpha and beta risk? Which

2) What is the difference between alpha and beta risk? Which one can be reduced through diversification? 3) What factors drove the growth of the fund industry from the mid-1980s until the financial crisis of 2008? 4) What were the characteristics of the average investor in mutual funds around 2009

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