A friend, who has been to a course on how the stock market works, has advised you not to invest in oil industry stocks because they have high standard deviations. Is your friend's advice sound for a risk-averse investor like you? Why or why not?
Please post the essay answer.
What is expected is about 3 or 4 paragraphs. It must be written in excellent business English and be fully referenced using the author-date (Harvard) method.