No.PZ2019012201000039 (选择题)
Matt makes the following statements about investing with long-only managers:
Statement 1 A long-only portfolio puts a firm floor on how much an investor can win.
Statement 2 A long-only portfolio generally allows for greater investment capacity than other approaches, particularly when using strategies that focus on large-cap stocks.
Which of Matt’s statements regarding investing with long-only managers is correct?
关于这题的statement 2,我想到short position不是能让gross exposure>100从而获得更大investment capacity吗? 所以认为statement 2不对。麻烦帮忙解释一下,谢谢!