You are helping your very rich aunt Molly decide where to invest her portfolio. She is planning
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You are helping your very rich aunt Molly decide where to invest her portfolio. She is planning to take a 10-year world tour after she invests the bulk of her portfolio. She thinks that picking a money manager is unimportant because she believes any professional money manager must be able to beat the market. She’s just planning to pick a professional money manager at random. What do you tell her?
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You could show her Figure 78 In this figure it is cle...View the full answer
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Related Book For 
Fundamentals Of Investments Valuation And Management
ISBN: 9781266824012
10th Edition
Authors: Bradford Jordan, Thomas Miller, Steve Dolvin
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