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Skating Where the Puck Was - The Correlation Game in a Flat World (Paperback) Loot Price: R141 Discovery Miles 1 410

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Skating Where the Puck Was - The Correlation Game in a Flat World (Paperback)

William J Bernstein

Series: Investing for Adults; [Book 2]

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Loot Price R141 Discovery Miles 1 410

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Skating Where the Puck Was: The Correlation Game in a Flat World is the second installment in the Investing for Adults series. This series is not for novices. This booklet explores the notion that, as a general rule, no magic policy rich in high-return/low-correlation alternative asset classes exists that will simultaneously preserve upside reward and protect against downside losses. And as long as I'm lowering your expectations, this booklet is most certainly not a blueprint for the "perfect portfolio." You're an adult, after all, so you know that the future efficient frontier lies well beyond our ken; presumably you already know all about the mechanics, long-term benefits, as well as the uncertainties, of wide diversification and factor tilt using low-cost, efficient vehicles and the risk/reward spectrum between all-fixed-income and all-equity portfolios. Rather, this booklet provides a way of navigating a global investment landscape that grows ever more linked by the month, and a way of thinking about diversification.

General

Imprint: Efficient Frontier Publications
Country of origin: United States
Series: Investing for Adults; [Book 2]
Release date: December 2012
First published: December 2012
Authors: William J Bernstein
Dimensions: 228 x 152 x 3mm (L x W x T)
Format: Paperback - Trade
Pages: 32
ISBN-13: 978-0-9887803-0-9
Barcode: 9780988780309
Categories: Promotions
Books > Business & Economics > Finance & accounting > Finance > Investment & securities
Books > Money & Finance > Investment & securities
Books > Business & Economics > Finance & accounting > Finance > Investment & securities > General
Books > Money & Finance > Investment & securities > General
LSN: 0-9887803-0-5

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