04865nam 2200685 450 991046612900332120200520144314.01-119-22039-41-119-22037-8(CKB)3710000000587802(EBL)4389138(SSID)ssj0001605100(PQKBManifestationID)16252056(PQKBTitleCode)TC0001605100(PQKBWorkID)14850431(PQKB)10012083(PQKBManifestationID)16309195(PQKB)23845307(MiAaPQ)EBC4389138(DLC) 2015049513(Au-PeEL)EBL4389138(CaPaEBR)ebr11152437(CaONFJC)MIL895577(OCoLC)932463377(EXLCZ)99371000000058780220160214h20162016 uy 0engur|n|---|||||txtccrAdaptive asset allocation dynamic global portfolios to profit in good times - and bad /Adam Butler, Rodrigo Gordillo, Michael PhilbrickHoboken, New Jersey :Wiley,2016.©20161 online resource (227 p.)Description based upon print version of record.1-119-22035-1 Includes bibliographical references and index.Title Page; Copyright; Table of Contents; Dedication; Acknowledgments; Part I: The Philosophy of Successful Investing; Chapter 1: The Most Important Concepts in Wealth Management; Chapter 2: The Narrative Is Reality; Chapter 3: Tightly Grouped Arrows Nowhere Near the Bull's-eye; Chapter 4: What Is Gestalt?; Chapter 5: Measuring the Relative Value of Portfolios; Chapter 6: The Whole Is Greater than the Sum of Its Parts; Chapter 7: Our Process Is a Financial Gestalt; Part II: Saving and Withdrawing from Portfolios; Chapter 8: Beware of Those Pesky "Volatility Gremlins"Chapter 9: It's Not Just the Destination, It's Also the JourneyChapter 10: In a Perfect World; Chapter 11: Home on the Range; Chapter 12: Timing Is Everything; Chapter 13: Longevity Risk; Chapter 14: Plan for the Worst, Hope for the Best; Chapter 15: Sequence of Returns for Savers; Chapter 16: Individual Rate of Return for Savers; Chapter 17: Sequence of Returns for Retirees; Chapter 18: Do You Feel Lucky?; Part III: Current High Valuations Mean Lower Future Returns; Chapter 19: A Simple Model to Forecast Equity Market Returns; Chapter 20: Implied Future Returns over the Next 20 YearsChapter 21: How Do We Do It?Chapter 22: Forecasts 80 Percent More Accurate than Always Assuming Long-Term Averages; Chapter 23: Roller Coasters Are for Amusement Parks; Chapter 24: The Last Five Years Have Been a Triumph for the Ostriches; Part IV: An Investment Framework for Stability, Growth, and Maximum Income; Chapter 25: A Word about Asset Allocation; Chapter 26: The Optimization Machine; Chapter 27: Garbage In, Garbage Out; Volatility; Correlations; Returns; The Flaw of Averages; Chapter 28: All We Know Is That We Know Nothing; Chapter 29: If We Know How Assets Should BehaveThe Permanent Portfolio: Structural Diversification's Poster BoyJapan as a Deflationary Case Study; Chapter 30: A Structurally Diverse Investment Universe; Chapter 31: If We Can Estimate Volatility; Chapter 32: If We Can Estimate Volatility and Correlation; Chapter 33: If We Can Estimate Volatility, Correlations, and Returns; Chapter 34: Summary of the Optimization Machine; Chapter 35: Building to Adaptive Asset Allocation; Chapter 36: Integration of Adaptive Asset Allocation; The Next Generation of Portfolio Management; Part V: Why You Should Trust the ResearchChapter 37: The Usefulness and Uselessness of BacktestsDegrees of Freedom; Sample Size; Multiple Discovery; Structural Impediments to Asset Class Arbitrage; On the Robustness of Adaptive Asset Allocation; Chapter 38: Tactical Alpha and the Quantitative Case for Active Asset Allocation; Shoulders of Giants; Structure; Part One: Theory; Part Two: Empirical Analysis; Conclusion; Chapter 39: Sensitivity of Safe Withdrawal Rates to Longevity, Market, and Failure Risk Preferences with Implications for Asset Allocation; Safe Withdrawal Rates; Aftcasting; The Four Levers of RetirementPulling on the LeversPortfolio managementInvestmentsElectronic books.Portfolio management.Investments.332.6Butler Adam1975-927882Gordillo Rodrigo1980-Philbrick Michael1967-MiAaPQMiAaPQMiAaPQBOOK9910466129003321Adaptive asset allocation2084654UNINA