M********r 发帖数: 278 | 1 http://abnormalreturns.com/2015/01/29/putting-some-distance-bet
http://bencarlsonyahoofinance.tumblr.com/post/109583891325/the-
"Relatively simple portfolios like a 60/40 portfolio or something like the
Vanguard STAR fund, which Picerno cites, can do an admirable job of
capturing the cross-section of capital market returns."
"Are there better ways to invest than the classic 60/40? Sure there are.
Will you be able to identify them in advance? Can you bear the added risk of
a portfolio tilted toward higher expected returns, through the really rough
times where that extra return is actually earned? What are the costs
associated with supposed “better” investment strategies? Can they be
justified on an after-tax, net of transaction expense basis?" |
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