Asset allocation is generally ________________ important then stock selection.

Question

Quizplus · Accepted Answer

Asset allocation is the process of dividing an investment portfolio among different asset categories such as stocks, bonds, and cash in order to achieve specific investment objectives. Studies have shown that asset allocation is responsible for 90% of a portfolio's performance, while stock selection only accounts for the remaining 10%. Therefore, asset allocation is generally considered more important than stock selection.

Asset Allocation Is Generally ________________ Important Then Stock Selection