Save on pre-loved TVs
You've subscribed to ! We will preorder your items within 24 hours of when they become available. When new books are released, we'll charge your default payment method for the lowest price available during the pre-order period.
Update your device or payment method, cancel individual pre-orders or your subscription at
Your Memberships & Subscriptions
Kindle app logo image

Download the free Kindle app and start reading Kindle books instantly on your smartphone, tablet, or computer - no Kindle device required.

Read instantly on your browser with Kindle for Web.

Using your mobile phone camera - scan the code below and download the Kindle app.

QR code to download the Kindle App

Follow the author

William J. Bernstein
Follow
Something went wrong. Please try your request again later.

Skating Where the Puck Was: The Correlation Game in a Flat World (Investing for Adults Book 2) Kindle Edition

by William J Bernstein (Author) Format: Kindle Edition
Skating Where the Puck Was: The Correlation Game in a Flat World is the second installment in the Investing for Adults series. This series is not for novices.

This booklet explores the notion that, as a general rule, no magic policy rich in highreturn/low-correlation alternative asset classes exists that will simultaneously preserve upside reward and protect against downside losses. And as long as I’m lowering your expectations, this booklet is most certainly not a blueprint for the “perfect portfolio.” You’re an adult, after all, so you know that the future efficient frontier lies well beyond
our ken; presumably you already know all about the mechanics, long-term benefits, as well as the uncertainties, of wide diversification and factor tilt using low-cost, efficient vehicles and the risk/reward spectrum between all-fixed-income and all-equity portfolios.

Rather, this booklet provides a way of navigating a global investment landscape that grows ever more linked by the month, and a way of thinking about diversification.
Read more
Previous slide of product details
  1. Book 2 of 4
    Investing for Adults
  2. Print length
    37 pages
  3. Language
    English
  4. Accessibility
    Learn more
  5. Publication date
    December 6, 2012
  6. File size
    804 KB
  7. Page Flip
    Enabled
  8. Word Wise
    Enabled
  9. Enhanced typesetting
    Enabled
Next slide of product details

Customers also bought or read

Page 1 of 1Start over
Previous page
Next page
Loading...

Product details

About the author

Follow authors to get new release updates, plus improved recommendations.
William J. Bernstein

William J. Bernstein

Brief content visible, double tap to read full content.
Full content visible, double tap to read brief content.

William Bernstein has authored several best-selling books on finance and history, is often quoted in the national financial media, and has written for Morningstar, Money Magazine, and The Wall Street Journal. His title on the history of world trade, A Splendid Exchange, was short-listed for the 2008 Financial Times/Goldman Sachs best business book award, and was designated a best book of the year by the Economist. He was the 2017 recipient of the CFA Institute's James Vertin Award for financial research.

Report an issue


Does this item contain inappropriate content?
Report
Do you believe that this item violates a copyright?
Report
Does this item contain quality or formatting issues?
Report