Superior portfolio performance can result from:
A) the ability to select undervalued securities, only.
B) the ability to time market turns, only.
C) superior selectivity or timing performance.
D) neither superior selectivity nor timing because the market is too efficient.

Question

Quizplus · Accepted Answer

Superior portfolio performance can result from either superior selectivity, which involves choosing undervalued securities, or timing performance, which involves predicting market movements effectively.

Superior Portfolio Performance Can Result From