1. Which of the following is NOT true?
Group of answer choices
All of these choices are true
One way to value a company is to take the sum of the present value of all of its expected future cash flows
2. Even though Buffett owns many different companies in different industries, he doesn’t actually believe in diversification.
Group of answer choices
True
False
Many of the concepts that we learn from our textbooks are based upon the ideas of the Efficient Market Hypothesis
Diversification is one way we can reduce risk but it cannot eliminate all risk
Asking the question "I could choose this or that" takes into account the opportunity cost of a decision