Description
Book SynopsisProfit through good times and bad with a resilient, diversified portfolio
The Intelligent Asset Allocator has helped thousands of people like you build wealth through carefully diversified portfolios. Now, with global markets in constant flux, balancing risk and reward is more critical than ever.
Self-taught investor William Bernstein offers no gimmicks, inside secrets, or magic solutionsâjust the facts about investing and calm, smart advice on how to build and manage a portfolio designed for the long run. This is all you need, despite claims of the advisors and pundits looking to profit from your hard-earned money. This easy-to-understand guide provides everything you need, including:
* The basics of financeâhistorical, psychological, and institutional
* Time-tested strategies for improving the risk/reward ratio
* Ways to sharpen your focus to improve portfolio management
Bernstein walks you through the fundamentals of import
Table of Contents
Preface to the Paperback Edition
Preface to the Hardcover Edition
Introduction
1. General Considerations
2. Risk and Return
3. The Behavior of Multiple-Asset Portfolios
4. The Behavior of Real-World Portfolios
5. Optimal Asset Allocations
6. Market Efficiency
7. Odds and Ends
8. Implementing Your Asset Allocation Strategy
9. Investment Resources
Appendix A: Becoming Your Own Portfolio Analyst
Appendix B: Correlation Coefficients Among Asset Classes
Glossary
