The tendency of professional fund managers to invest heavily in the same stocks is known as the traditional approach.

Name: The tendency of professional fund managers to invest heavily in the same stocks is known as the traditional approach.
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The tendency described is known as "herding" or "herd behavior," not the traditional approach. Herd behavior occurs when fund managers follow the investment choices of their peers rather than making independent decisions based on their own analysis.

The Tendency of Professional Fund Managers to Invest Heavily in the Same