This book is designed to shift investors and those who advise them to a new paradigm for personal investment. Asset allocation has reigned supreme in the marketplace of financial ideas since the 1980s. It has become such a dominant paradigm that it is no longer possible to have a conversation about finances without hearing something about asset allocation.
The asset allocation strategy outlined in this book provides a no-nonsense, businesslike approach to getting a tough job done. Once an investor understands the importance of asset allocation decisions to spend the necessary time designing a portfolio that meets his or her needs.