Answer:
These are the options for the question:
a. Ultraconservative
b. Conservative
c. Moderate
d. Aggressive
And this is the correct answer:
c. Moderate
Explanation:
The type of investor described in the question can be defined as "moderate". On one hand, the this type of investor pools money to new companies, which is likely a risky action, because many new companies do not survive for long.
On the other hand, this type of investor invests in collectibles, and real estate partnerships, which are safer instruments, because they provide limited liability.
Therefore, an investor that takes decisions that are risky but also decisions that are safe can be classified as a moderate.