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- 2011-7-2
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- 2015-12-27
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2#
发表于 2011-7-11 19:20
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"Completeness" Fund vs Completion Portfolio?
COMPLETENESS - has to do with getting a Fund back to the risk level if you have a bunch of wild active managers throwing off all kinds of alphas.
COMPLETION - unrelated to COMPLETENESS - its a way to diversify concentrated holdings for individual (start with HIGH concentration stock and add more stocks incrementally - requires access to additional wealth beyond concentration. |
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