Davies, Greg B. & de Servigny, Arnaud – Behavioral Investment Management

McGraw-Hill, 2012, [Finance] Grade 5

We live in troubled times. Since the dawn of time, which in this case means the late 70’s, the asset allocation of pension funds has been governed by a mean-variance-optimization (MVO) process that springs from the so called modern portfolio theory (MPT). Then came the TMT-crisis. Confidence...  Further reading...  Link to Amazon...