Chapter 12 Contents 12.1 The process of personal portfolio selection 12.2 The trade-off between expected return and risk 12.3 Efficient diversification with many risky assets THE COURSE OF FINANCE 2017 SPRING SJTU 2Chapter 12 Contents  12.1 The process of personal portfolio selection  12.2 The trade-off between expected return and risk  12.3 Efficient diversification with many risky assets THE COURSE OF FINANCE 2017 SPRING SJTU 2