cash variance
现金差异
以上为机器翻译结果，长、整句建议使用 人工翻译 。
In fact, the Brinson, Hood and Beebower study a lot of advisors chant about demonstrated that 90% or more of the variance in returns among large pension plans was explained merely by their allocation to stocks, bonds and cash.
FORBES: Fake Diversification: Does Asset Allocation Work?
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