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Beyond Diversification: What Every Investor Needs to Know About Asset Allocation
book

Beyond Diversification: What Every Investor Needs to Know About Asset Allocation

by Sebastien Page
November 2020
Intermediate to advanced
256 pages
8h 12m
English
McGraw-Hill
Audiobook available
Content preview from Beyond Diversification: What Every Investor Needs to Know About Asset Allocation

Afterword

Theoretical Foundations of the Asset Allocation Decision

WHEN I RETIRED AFTER 40 YEARS OF TEACHING FINANCE, I left the field entirely. A clean break. I hopped on the snowmobile and started focusing on the next stage in my life. I suppose only Sébastien could convince me to reminisce. I’m glad I did.

Finance is a fascinating field. Its primary goal is to address decisions that lead to better resource allocation, and ultimately, to society’s well-being. Every decision that we make in life, including financial decisions, has an impact on our future. But no one can pretend to know the future. Therefore, finance is not about describing the past and publishing what has already happened. Rather, it’s about how we handle choices for which ...

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Publisher Resources

ISBN: 9781260474886