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Alias Born 02/06/2001

Re: Zeev Hed post# 2619

Friday, 07/12/2002 9:31:45 AM

Friday, July 12, 2002 9:31:45 AM

Post# of 704041
Zeev, with respect to the Fed model, although you are right that there is a lot more risk in individual companies, the same is not true for the index as a whole. A well diversified basket of companies, such as those represented by the S&P, has a lot less risk than any one company.

Kyros


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