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Asset Allocation : From Theory to Practice and Beyond, Hardcover by Kinlaw, W...
- Item No : 357265075563
- Condition : Like New
- Brand : No brand Info
- Seller : greatbookprices1
- Current Bid : US $29.15
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* Item Description
- Asset Allocation : From Theory to Practice and Beyond, Hardcover by Kinlaw, William; Kritzman, Mark; Turkington, David, ISBN 1119817714, ISBN-13 9781119817710, Like New Used, Free shipping in the US
"Investors have access to a vast array of assets with which to form portfolios, ranging from individual securities to broadly diversified funds. The first order of business is to organize this massive opportunity set into a manage- able set of choices. If investors stratify their opportunity set at too granular a level, they will struggle to process the mass of information required to make informed decisions. If, instead, they stratify their opportunity set at a level that is too coarse, they will be unable to diversify risk efficiently. Asset classes serve to balance this trade-off between unwieldy granularity and inefficient."--
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