Dynamic Asset Allocation: Modern Portfolio Theory Updated for the Smart InvestorISBN: 978-1-57660-359-8
Hardcover
290 pages
May 2010
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Today’s modern portfolio theory is not your
father’s MPT. It has undergone many changes in the past fifty
years. Indeed, a new understanding of MPT has emerged, one that has
a significant impact on managing asset allocation—especially
in today’s turbulent markets. Dynamic Asset Allocation
interprets and integrates the developments in modern portfolio
theory: from the efficient-market hypothesis and indexing of
decades past to strategies for building winning portfolios today.
The book is filled with practical, hands-on advice for investors,
including guidance on approaching investment as a risk-management
task.