Discover a masterful exploration of the fallacies and challenges of asset allocation
In Asset Allocation: From Theory to Practice and Beyond-the newly and substantially revised Second Edition of A Practitioner-s Guide to Asset Allocation-accomplished finance professionals William Kinlaw, Mark P. Kritzman, and David Turkington deliver a robust and insightful exploration of the core tenets of asset allocation.
Drawing on their experience working with hundreds of the world-s largest and most sophisticated investors, the authors review foundational concepts, debunk fallacies, and address cutting-edge themes like factor investing and scenario analysis. The new edition also includes references to related topics at the end of each chapter and a summary of key takeaways to help readers rapidly locate material of interest.
The book also incorporates discussions of:
- The characteristics that define an asset class, including stability, i
