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.
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