Sam Savage and Paul Kaplan built a new approach to the pioneering economist's models. Now, they ask for his blessing.
The father of Modern Portfolio Theory can still educate and surprise, as in our conversation on how MPT can, and should, work with behavioral finance.
Volatility-based weighting is taking us back to what Harry Markowitz told us to do in the first place.
The situations of the Yale Endowment Fund and most individual investors are worlds apart.
Overused as a risk measure, volatility seeks a new home in investors’ longterm portfolios.
In determining a risk budget, choose wisely.