The idea that in any situation only a small part of the problem initially will be visible.
Similar financial termsSystematic risk principle
Only the systematic portion of risk matters in large, well-diversified portfolios. The expected returns must be related only to systematic risks.
Investment principle that states a firm should accept or reject a project by comparing it with securities in the same risk class.
A modern update of the Peter Principle in which ineffective workers are promoted to management.