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InvestHub.com's
Finance Dictionary and Glossary of Investment Terms

Fisher''s Separation Theorem  

Definition 1.

A theory stating that: 1. A firm's choice of investments are separate from its owner's attitudes towards the investments. 2. It is possible to separate a firm's investment decisions from the firm's financial decisions.
 

Definition 2.

Thte notion that a firm's choice of investments is separate from its owner's attitudes toward investments. Also referred to as portfolio separation theorem.
 
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