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You wish to create a compact portfolio of 11 different stocks. To improve diversification, you want to enforce a good variety of industries, so you
You wish to create a compact portfolio of 11 different stocks. To improve diversification, you want to enforce a good variety of industries, so you have decided on the following selection:
Industry | Number of companies |
Consumer goods | 3 |
Healthcare | 2 |
Manufacturing | the rest |
You are making your selection from the top 10 U.S. companies by market capitalization, in each of your target industries. How many different ways can you create your portfolio?
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