"Quadratic utility is the best form of the utility function to assume for any investor".Enumerate two argunents against this statement.(maximum of two sentences per argument)

Essentials of Business Analytics (MindTap Course List)
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ISBN:9781305627734
Author:Jeffrey D. Camm, James J. Cochran, Michael J. Fry, Jeffrey W. Ohlmann, David R. Anderson
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Chapter15: Decision Analysis
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Problem 22P: Three decision makers have assessed utilities for the following decision problem (payoff in...
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"Quadratic utility is the best form of the utility function to assume for any investor".Enumerate two argunents
against this statement.(maximum of two sentences per argument)

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