ABSTRACT
Application of capital in practice [EN: Today we would refer to this question as “asset allocation,” about which many learned books and articles have been written (see Appendix B, Resources). The modest suggestions in this chapter are, like Magee, very pragmatic and simple-and quite possibly more effective for the general investor than those complicated procedures spun out by supercomputers for complicated Street portfolios.]
Let us now restate a number of ideas we have already investigated and on which (let’s hope) we are thoroughly agreed.
