Your client wants a hands-on approach to portfolio management since they have the tendency to anticipate the direction of economic conditions. What type of investment strategy does this client want to practice?

Question

Quizplus · Accepted Answer

A client wanting a hands-on approach to portfolio management since they have the tendency to anticipate the direction of economic conditions is demonstrating a market timing investment strategy. Market timing is in direct conflict with the efficient market hypothesis. The more an investor believes that markets are inefficient, the greater the argument for a market timing strategy.

Your Client Wants a Hands-On Approach to Portfolio Management Since