问题如下图：
for the 1 answer, what does it mean that "manager should allocate capital on risk-adjusted basis"?
I think the 1st question is asking the disadvantage of "asymmetric performance". Risk considered on the company level as a whole portfolio is better than considered individually. (case of whole team earn 30million but one of the manager lost 20million, if company consider performance at portfolio level, it will pay incentive for 10m gain, otherwise, it will pay higher incentive)
