FYI: Any student of football knows that a team can’t succeed unless it develops a great game plan and then sticks with it.
It’s not enough for the coach to send the quarterback onto the field with a few plays at a time and then hope for the best. Whether it’s the desired ratio of runs to passes or the way the defense sets up for third-down-and- long situations, a team needs a set of guiding principles that will take it through all 60 minutes.
Think of asset allocation as the game plan of investing. That game plan is far more important than having, say, an all-star wide receiver in football or shares in a hot growth stock in your retirement portfolio.
Regards,
Ted
https://www.marketwatch.com/articles/asset-allocation-create-an-investing-game-plan-51552748400?mod=barrons-on-marketwatch
