Dynamic Asset Allocation: Modern Portfolio Theory Updated for the Smart Investor

By James Picerno

Book Overview

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.

• Format: Hardcover
• Language: English
• ISBN: 1576603598
• ISBN13: 9781576603598
• Release Date: February 2010
• Publisher: Bloomberg Press
• Length: 290 Pages
• Weight: 1.30 lbs.
• Dimensions: 0.9" x 5.9" x 9.3"