Mastering the Art of Asset Allocation: Comprehensive Approaches to Managing Risk and Optimizing Returns

Darst, David M., CFA

Verlag: McGraw-Hill, New York, 2007

Beschreibung

New condition green boards, black spine, and gold spine lettering contained in a fine condition non price-clipped color illustrated dust jacket. Includes Author Dedication; Foreword; Preface; Index and Praise for Mastering the Art of Asset Allocation. Illustrated with tables, charts, and graphs. "David Darst's book is stuffed with fascinating insights." -- Barton M. Biggs. "David Darst demonstrates with clean and easy rules how indivuduals can reduce their risk while earning generous returns." -- Burton G. Malkiel. "David's book is a powerful piece of work. Every investor should -- no, must -- read this book." -- Peter L. Bernstein. "Mastering the Art of Asset Allocation is just a treuasre trove of great information." -- Consuelo Mack. "David Darst has come up with a masterful strategy of asset allocation - how much should go where." -- Jerry Goodman. "Mastering the Art of Asset Allocation should be a valued and well-thumbed resource for any savvy investor!" -- Samuel L. Hayes, III. "Maximize risk-adjusted return in every economic environment. Building upon his bestselling The Art of Asset Allocation, David Darst integrates investor needs, market principles, and asset characteristics to help you fully understand asset allocation and use it to construct flexible portfolios that meet investment objectives in all financial market conditions. Focusing on the critical inner workings of asset allocation, Darst delivers a solid foundation along with unique tips and pointers detailing: Asset allocation principles and tools, and how they are often used and abused; Techniques for gaining the maximum advantage from interest and capital compounding; Ways to dimension the performance of major asset classes to help you understand historical pattersn of returns, returns deviations, and ranges of realistic investment outcomes; Using correlations of returns for 16 specific asset classes within the major types of equities, fixed income securities, and alternative investments; How to identify the fundamental, valuation, and psychological/technical/liquidity forces that furnish perspective and actionable insights at market turning points; Guidance on building critical and comprehensive evaluation if Internet and other media resources for the best investment tools, research, and ongoing portfolio investment activity. Because leading college and university endowments have been highly successful in balancing the creative and conservative when investing in multiple asset classes, the investment processes of Harvard and Yale University are also covered. Rare strategic insights are provided into the policy, implementaion, diversification, and risk management techniques that have helped these schools become and remain two of America's largest endowments. These proven strategies can be adapted and applied to portfolios of any size. A decisive mix of thought and practical application, Mastering the Art of Asset Allocation provides a thorough grounding in the hands-on specifics required to understand and apply contemporary asset allocation techniques along with the insight, skill, and judgment necessary for true mastery of its most important elements." -- from the inner front and rear jacket flaps.

Bestandsnummer des Verkäufers 007189

Bibliografische Details

• Titel: Mastering the Art of Asset Allocation: Comprehensive Approaches to Managing Risk and Optimizing Returns
• Verlag: McGraw-Hill, New York
• Veröffentlichungsdatum: 2007
• Bindung: Hardcover
• Zustand: New
• Zustand des Schutzumschlags: Fine