N
NeedToQualify
Member
Hi
I don't see why the answer calculates the net position of each investor relative to the market. If for example an investor invests 70% in growth stocks and 30% in value stocks, shouldn't the portfolio be growth biased irrespectively of the weights of these stocks in the market?
Thanks
I don't see why the answer calculates the net position of each investor relative to the market. If for example an investor invests 70% in growth stocks and 30% in value stocks, shouldn't the portfolio be growth biased irrespectively of the weights of these stocks in the market?
Thanks