re: SEC teleconference: Q&A with Les Miles

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"Variability"?? My vocab has expanded 10 fold since Miles became HC.

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Financial Dictionary

"Variability"

The possible range of outcomes for any given event.

Investopedia Commentary

Greater variability is associated with higher risk because it increases the amount of unknown possible outcomes. For example, an investment whose return experiences great changes has high variability. A security with a fixed rate of return, such as a Treasury bill, has little to no variability.

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