Properties of a well defined asset class

There are 5 properties of an asset class. I understood 3/5

The other 2 I don’t quite get what they really mean:

  1. Asset classes selected for investment should have the capacity to absorb a meaningful proportion of an investor’s portfolio.

    1. The asset classes as a group should make up a preponderance of world investable wealth.

What does it really mean?

The first one simply means that this investor isn’t going to affect prices (and, therefore, returns) on an asset class by buying or selling a ton of it.

The second one simply means that there aren’t many assets that aren’t classified in any asset class.

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so first one is related to liquidity