Schweser Error? Human Capital Allocation...
If you compare:
SS4 - Page 322: During the accumulation phase, human capital is more equity-like, thus financial assets should be invested towards risk-free asset.
SS8 - Page 183: At a younger age, human capital has a considerable allocation to bonds, thus financial assets should be invested in risky assets… And the table at the bottom of the page reiterates that points…
WTF is wrong with them? Is it me getting something wrong?
Let me know,
Thanks |