|
- UID
- 222309
- 帖子
- 386
- 主题
- 14
- 注册时间
- 2011-7-2
- 最后登录
- 2016-1-18
|
SPOILER for the 2007 AM Exam Q2, the provided answer for diversifying a concentrated position was either Equity collar or a Private Exchange Fund and not Public Exchange Fund. Any idea why if you've taken that exam?
More generally, from a diversification perspective why is one preferred over the other (Private vs public) that is.
Thanks |
|
发表于 2011-7-13 13:54
|