Through a blend of historical perspective, empirical evidence, and behavioral insight, The Perfect Portfolio reveals a fundamental truth: while we can see which portfolios thrived in the past, the best-performing portfolio of the future remains a mystery. That's why this book emphasizes the only logical path forward - building the perfect portfolio for you. Using probability to guide decisions amid uncertainty, Lazaroff teaches you how to choose a perfect portfolio for your personal circumstances that is designed for resilience and consistency.
Lazaroff delves into the secrets of portfolio success: avoiding the temptation of chasing past performance, utilizing diversified asset allocation to balance risk and reward, and understanding that the "perfect" mix of assets is unique to each individual. But what exactly are these key strategies? How can you ensure your portfolio withstands market volatility? And which investments truly stand the test of time?