Portfolio Management Techniques
The capital asset pricing model (CAPM) is a marvel of economic scholarship. The problem is that it doesn’t always work in practice. So, we fixed it.
Andrew Lo and Stephen Foerster offer a checklist of seven principles by which investors can construct their own “perfect portfolios.”
Where is the common ground between quant and fundamental investing?
Portfolio Pi and Portfolio Eta are new decision metrics that connect investment objectives and risks.
The end of the loose money era may offer an opportunity for tactical asset allocation.
Standard deviation fails to characterize risk in a way that matters to most investors.
Beating a passive benchmark is hard. And that's true for both reindeer and people.
Identifying investment objectives and achieving stakeholder buy-in is the critical first step in connecting these objectives to portfolio construction.
Direct indexing seems like a free lunch that is too good to pass on. But is it?
The range of tools that Sébastien Page, CFA, sets out in this book can help investors make better decisions.