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World Beta - Engineering Targeted Returns and Risk: More On The Endowment Style Of Investing
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Programming in R
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There are 2 simple questions you must first answer:
1. What is the time-frame in which you need access to your money? (next week? next year? 10 years? retirement?)
2. How much risk and volatility are you comfortable with?
The Answer:
Asset Allocation... not fundamental analysis, not technical analysis, not market
trending, not tips from brokers and analysts ... but straight up asset
allocation.