I really don't remember exactly this question, but I am sure that there was a question which the answer was "Asset Allocation"...
Hope this is the one!!作者: bluejazzy 时间: 2011-7-13 13:17
The answer is asset allocation. If I'm not mistaken, the question is something about maximizing your return or minimizing your risk - or something along those line.作者: manasib 时间: 2011-7-13 13:17
yes, asset allocation accounts for 90% of return explanations作者: MonkeyBusiness 时间: 2011-7-13 13:17
that was def one of the gimmies作者: burnsy562000 时间: 2011-7-13 13:17
asset allocation accounts for 90% of return explanations
WRONG.
Asset allocation accounts for 90% of the variation/volatility of a return --Not the return itself.