Author: Nathan Faber (Page 2 of 14)
Long/flat trend-following strategies look like call options with uncertainty. Combining multiple trend models can reduce this uncertainty in the payout.
The risk-free rate is a tool in portfolio construction, but the practical aspects of achieving that rate can be difficult in a low rate environment.
Maximum diversification is possible in portfolio construction, but its benefits are often ephemeral and out of line with investor objectives.
A systematic approach for evaluating diversification leads to actionable, unbiased results based on a portfolio's objectives.
How Much Accuracy Is Enough?
By Nathan Faber
On March 4, 2019