Book description
This is the all-in one guidebook for understanding - and profiting. It is from - today's most up-to-date, market-proven asset allocation strategies. All investing constitutes a trade-off between the returns you seek and the risks you are willing to take. Asset allocation involves the spreading of those risks in order…
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Why read it?
1 author picked The Art of Asset Allocation as one of their favorite books. Why do they recommend it?
David Darst offers a foundational perspective on the importance of asset allocation.
Darst examines the differences between strategic and tactical asset allocation, and the historical risk-return characteristics of asset classes. He also acknowledges some of the behavioral biases of investors and suggests how to deal with them effectively.
From Tony's list on wealth advisors who want to embrace change.
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