Top-Down Versus Bottom-Up Investing

نویسندگان

  • Brett Hammond
  • Leo Kamp
  • dougLas Fore
چکیده

in a world market where there are tens of thousands of stocks and hundreds of thousands of corporate bonds and other fixed-income securities, it is next to impossible for individual investors who have other things to do to figure out what to buy and what to sell. instead, we buy accounts and funds managed by investment professionals. how do professional investment managers form portfolios of securities and then manage them on our behalf? two major approaches to portfolio construction and management are top-down and bottom-up investing.

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تاریخ انتشار 2006