Biz of Life presents 9 videos as the first part of a series that details the process of portfolio construction by renowned investment manager Paul Merriman. The explanations are very well done. Merriman shows how, over the longer term, based on academic evidence, adding asset classes increases expected compound annual return from 9.5% to 12%. He clearly demonstrates the role of risk in the portfolio construction process.
This is one of the best explanations I have seen on this complex subject and is the starting point for understanding the investment process. I highly recommend these videos for newbies as well as a review for more knowledgeable investors. Those who make a living explaining these concepts will surely appreciate Merriman's clear presentations.
I'm a huge fan of Paul Merriman! His asset allocation isn't too simple nor is it too complex. His site has a chock full of tips and a must read for anyone interested in disciplined investing.
ReplyDeleteThanks for the reference.
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