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DYNAMIC ASSET ALLOCATION: MODERN PORTFOLIO THEORY UPDATED FOR THE SMART INVESTOR by PICERNO, JAMES (Hardcover - 2010) ISBN: 9781576603598 Subject: BUSINESS & FINANCE Publisher: BLOOMBERG PRESS Today's modern portfolio theory is not your father's MPT. It has undergone many changes in the past fifty years. Indeed, a new understanding of MPT has emerged, one that has a significant impact on managing asset allocation--especially in today's turbulent markets. Dynamic Asset Allocation interprets and integrates the developments in modern portfolio theory: from the efficient-market hypothesis and indexing of decades past to strategies for building winning portfolios today. The book is filled with practical, hands-on advice for investors, including guidance on approaching investment as a risk-management task. |
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