At a social gathering, you meet the portfolio manager for the trust department of a local bank.

Question:

At a social gathering, you meet the manager for the trust department of a local bank. He confides to you that he has been following the recommendations of the department's six analysts for an extended period and has found that two are superior, two are average, and two are clearly inferior. What would you recommend that he do to run his Portfolio
A portfolio is a grouping of financial assets such as stocks, bonds, commodities, currencies and cash equivalents, as well as their fund counterparts, including mutual, exchange-traded and closed funds. A portfolio can also consist of non-publicly...