One of the principal preconditions of a free market and the optimal allocation of resources is an unlimited number of buyers and sellers such that none can influence prices.
Of course, everyone knows that it is better to be number one than number two, but the Wallet Allocation Rule makes it possible to calculate precisely what this impact is.
Nonetheless, a survey by Cerulli Associates shows the number of advisors employing some form of tactical asset allocation is now at 61 percent, up 8.3 percent from 2010.