用十年数据告诉你，为什么“押宝”不如“分篮子”

Group 1 - The core viewpoint of the article emphasizes that there are no permanent champions in asset performance, and market dynamics are constantly changing [7][13]. - The article presents a detailed analysis of various asset classes, highlighting the performance of A-shares, US stocks, European stocks, commodities, and bonds over the past decade [9][10][12][13]. - It notes that while US stocks have shown consistent positive returns in most years, they also experience significant downturns, indicating the importance of diversification in investment strategies [10][23]. Group 2 - The article stresses the importance of multi-asset allocation to manage risks rather than solely chasing high returns, addressing the emotional challenges of greed and fear in investing [15][16]. - It outlines the benefits of diversified asset allocation, including reduced overall volatility, ensuring participation in rising assets, and enhancing long-term investment confidence [17][18][19]. - The suggested asset allocation framework includes a mix of equities, bonds, and alternative assets, with specific percentages allocated to each category to balance risk and return [22][25][26]. Group 3 - The article advises against betting on market direction and instead recommends a diversified approach to fund allocation for the year 2026, considering the uncertainties ahead [21][30]. - It emphasizes the importance of regular asset rebalancing to maintain the desired allocation and discipline in investment strategies [32][33]. - The overall message is that successful investing is about maintaining a balanced portfolio that can withstand various market conditions, rather than focusing on short-term gains [33].