The Flaw of Averages The New Efficient Frontier Asset Allocation for the 21 st Century
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چکیده
When the Wright Brothers pioneered powered flight in 1903, their genius lay in conquering the three axes of control: pitch, yaw, and roll. Over the years, technologies advanced, planes crashed, and aviation evolved to compensate. By 1952, the Wright’s original airplane was barely recognizable in a world of jets and even supersonic aircraft, which were nonetheless still governed by the same three principles of control.
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تاریخ انتشار 2011