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- UID
- 222289
- 帖子
- 395
- 主题
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- 注册时间
- 2011-7-2
- 最后登录
- 2016-8-30
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I think the key takeaway is that managing a portfolio against a benchmark is pretty moot from the viewpoint of the beneficiary. A portfolio manager can beat the S&P 5 years in a row but if the ending portfolio doesn't meet individual's objectives, what good is that? Absolute return > relative return.
NO EXCUSES |
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发表于 2011-7-11 19:01
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