I think it's pretty widely known that asset allocation is far and away the most important tool that we have available to us as investors.
我认为,人尽皆知,资产配置是,投资者可用的工具中,最重要的工具
Those three tools are asset allocation, market timing, and security selection.
这些工具是,资产配置,市场时机选择和证券选择
As a matter of fact, it's so widely believed that asset allocation is the most important tool that I think some people have come to the conclusion that it's some sort of law of finance that asset allocation is the most important tool.
事实上,我们普遍相信,资产配置是最重要的工具,以至有人得出结论,资产配置是最重要的工具,已经算是一条金融学定理了
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