The investment industry perpetrates kayfabe on the public, as large institutions that lack the ability to make significant asset allocation decisions without having a material market impact, project those limitations onto individuals. If they were to try and make significant changes to asset allocation in a matter of weeks, or even months, they would cut off their own nice to spite their face.
Two Utes
Two Utes
Two Utes
The investment industry perpetrates kayfabe on the public, as large institutions that lack the ability to make significant asset allocation decisions without having a material market impact, project those limitations onto individuals. If they were to try and make significant changes to asset allocation in a matter of weeks, or even months, they would cut off their own nice to spite their face.