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Asset Rotation: The Demise of Modern Portfolio Theory and the Birth of an Investment Renaissance

by Matthew P. Erickson

July 2014

Intermediate to advanced

240 pages

5h 42m

English

Wiley

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The Individual InvestorThe Individual InvestorOckham’s RazorOur Current Economic LandscapeThe Bottom Line
A Primer on Modern Portfolio TheoryThe Treasury RunLosing Money in BondsThe Bottom Line
The Persistence of Manager PerformanceThe Bottom Line
The Cost of InvestingIdentifying RiskAssessing the Investment EnvironmentThe Bottom Line
The ETF: What Is It?A Brief HistoryThe Use of ETFs in a PortfolioThe Bottom Line
A Time-Tested ApproachThe 2000sThe 1990sThe 1980sThe 1970sThe 1960sThe 1950sThe 1940sThe Great DepressionFrom the Great Depression to TodayThe Bottom Line
Building a Better MousetrapThe 1990sThe 2000sFrom 2010 to23 Years: 1999–2012Going Toe to Toe with the BestThe Bottom Line

Choose Your Own AdventureAdditional Factors to Consider: Eligible Risk AssetsAdditional Factors to Consider: Eligible Flight to Safety/Fixed-Income AssetsAdditional Factors to Consider: Criteria for Investment SelectionCreating a Scoring SystemRequired Due DiligenceThe Bottom Line
Benchmarking SuccessThe Four SeasonsWhen Equity Markets RiseWhen Equity Markets FallWhen Equity Markets Move SidewaysWhen Equity Markets Move Sideways with VolatilityThe Bottom Line
Citius, Altius, FortiusAsset Rotation as a Core ApproachBaby StepsSupplementing Either Equities or Fixed IncomeAdopting a Core/Satellite ApproachThe Bottom Line
The Bottom Line

Content preview from Asset Rotation: The Demise of Modern Portfolio Theory and the Birth of an Investment Renaissance

ACKNOWLEDGMENTS

I’d like to thank a handful of confidants and industry peers who were instrumental sounding boards for me as I was writing this book: Chris Neudecker, Mike Wood, Robert Mitus, Phil Bocketti, Joe Molloy, Robert Roman, Ryan Shubin, Joe Bartell, David Fischer, Jason Nymark, and Brian Pelling.

I’d also like to thank my wife, Jill, for holding down the fort while I locked myself in a room, and my kids, Mackenzie and Jacob, for allowing each other to live—if only for a little while longer.

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Publisher Resources

ISBN: 9781118779200Purchase book