The Personal Finance Guide for Tech Professionals: Building, Protecting, and Transferring Your Wealth

© The Author(s), under exclusive license to APress Media, LLC, part of Springer Nature 2022

T. TaulliThe Personal Finance Guide for Tech Professionalshttps://doi.org/10.1007/978-1-4842-8242-7_8

8. Asset Allocation

Where to Put Your Money

Tom Taulli¹  

(1)

Monrovia, CA, USA

 

I think that the first thing is you should have a strategic asset allocation mix that assumes that you don’t know what the future is going to hold.¹

—Ray Dalio, hedge fund manager

While at the University of Chicago in 1950, Harry Markowitz was searching for a dissertation topic. So one day, he was waiting for a meeting with a professor and overhead a conversation from a stockbroker. Markowitz wondered: Might the stock market be a good choice?

At the time, this was somewhat controversial. ...