Which of the following best describes the most common criticisms of the investment styles of Warren Buffet and David Swensen, respectively? Lack of understanding of new technologies/ lack of diversification. Too much domestic US focus / disregard for rebalancing. Lack of diversification / too little emphasis on income needs. Lack of diversification / too much equity allocation.

Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
ChapterA1: International Financial Reporting Standards
Section: Chapter Questions
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Provide detailed reasoning for

the correct option, along with

an explanation - Why the

remaining options are

incorrect

Which of the following best describes the most common criticisms of the investment
styles of Warren Buffet and David Swensen, respectively?
Lack of understanding of new technologies / lack of diversification.
Too much domestic US focus / disregard for rebalancing.
Lack of diversification / too little emphasis on income needs.
Lack of diversification / too much equity allocation.
Transcribed Image Text:Which of the following best describes the most common criticisms of the investment styles of Warren Buffet and David Swensen, respectively? Lack of understanding of new technologies / lack of diversification. Too much domestic US focus / disregard for rebalancing. Lack of diversification / too little emphasis on income needs. Lack of diversification / too much equity allocation.
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