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育興 張
育興’s Kindle Notes & Highlights
The Intelligent Asset Allocator: How to Build Your Portfolio to Maximize Returns and Minimize Risk, by William J. Bernstein

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large asset inflows tend to depress future returns because of so-called market impact costs,
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The Intelligent Asset Allocator: How to Build Your Portfolio to Maximize Returns and Minimize Risk
The Intelligent Asset Allocator: How to Build Your Portfolio to Maximize Returns and Minimize Risk
by William J. Bernstein
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