An invaluable guide for practitioners seeking clarification and true innovation
We’re excited to announce the release of the latest book written by our CEO, Mark Kritzman. A Practitioner’s Guide to Asset Allocation seeks to describe several important innovations that address key challenges to asset allocation, and to dispel certain fallacies.
A Practitioner’s Guide to Asset Allocation provides up-to-date guidance on both traditional and groundbreaking practices in the field. Written by a team of industry experts, this insightful, informative guide addresses key challenges, dispels myths, and explores the latest developments and their applications. Practitioners will find value in the straightforward approach to the field’s foundational concepts and innovations alike, bolstered by supplementary material that offers an additional level of detail. The authors tackle misleading research head-on, using logic and data to overturn common—and in some cases, pervasive—misconceptions, while showing how stubborn adherence to persistent fallacies impacts effectiveness and the attainment of long- and short-term goals.
Formalized 65 years ago with the publication of “Portfolio Selection” by Harry Markowitz, asset allocation as a field has seen tremendous innovation in application, punctuated by periods of uneven progress. Like any scientific field, a certain subset of research has led to fallacies taken as fact, and erroneous practices have infiltrated bedrock principles to negatively affect outcomes; this book brings clarity to confusion, and provides practical guidance for the path ahead.
- Review the fundamental concepts of asset allocation
- Dismantle common fallacies through logic and evidence
- Explore recent advances innovations and the latest research
- Consult supplementary materials to deepen your understanding
To fully grasp the latest technical and practical advances in asset allocation, it is important to first return to the basics and strengthen your understanding of the field’s conceptual underpinnings. By rooting out misinformation where it lives, you become better able to place real innovations in their proper context; A Practitioner’s Guide to Asset Allocation provides essential guidance that every practitioner needs.