Does Asset Allocation Still Work?

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Does asset allocation still work? After last year’s devastating market losses, investors are justifiably rethinking their investment mix. What’s the best asset allocation model? Consuelo asks Morgan Stanley’s asset allocation master, David Darst, noted institutional risk manager Richard Bookstaber and award-winning financial planner, Mark Cortazzo. WEALTHTRACK #512 broadcast on November 5, 2010.