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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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Unfortunately, in a truly random-walk world, there is no advantage to portfolio rebalancing.
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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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