Henry worked in a bank for over 10 years and, because of his experience, he only likes to invest in bank stocks. 90% of Henry's portfolio is in the stocks Citigroup, JP Morgan Chase, Goldman Sachs, and Barclays Bank, while 10% is in technology stocks, mostly Apple. What kind of risk is Henry exposed to?
Idiosyncratic Risk |
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Systematic Risk |
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Technical Risk |
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Both idiosyncratic risk and systematic risk. |
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