Dynamic asset allocation
Subtitle: modern portfolio theory updated for the smart investor
By: James Picerno.
Publisher: Bloomberg Press
Published: 2010
Place of publication: New York
Language: eng
Number of pages: 274
ISBN-13: 9781576603598
Subjects: Portfolio management; Asset allocation
Description: "This book presents a unifying theory of long-term investing for strategic-minded investors that combines modern portfolio theory with value investing. It shows how to build a winning portfolio using dynamic asset allocation, how modern portfolio theory has changed in recent years, and how those changes affect the strategic investor and portfolio design in today's financial climate"--Provided by publisher.
Notes: Includes bibliographical references and index.
Table of contents: title: In the beginning; title: Inventing portfolio theory; title: Other betas; title: Rethinking random walks and efficient markets; title: The market portfolio is the benchmark; title: Rebalancing : the natural extension of asset allocation; title: Tactical asset allocation: the devil and the details; title: Customizing asset allocation; title: Equilibrium, economics, and estimates; title: What have we learned after fifty years?.