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But as the de Frondevilles have discovered, that's only the first step to sound portfolio management.
He declined to discuss individual stocks but said that a sound portfolio for Americans would be 65percentt invested in stocks, compared with the 60percentt equity allocation that he considers neutral.
These things are integral to a sound portfolio design.
After all, celebrity can be fleeting but a sound portfolio strategy can ensure that the money is not.
However, incorporating market microstructure analytics into financial decisions is no longer an option but a requirement for sound portfolio management.
Understanding market microstructure risks is no longer a matter of curiosity, but that of sound portfolio management.
Similar(53)
While repossessions of homes have been rising in Britain, analysts said that Northern Rock has a generally sound mortgage portfolio.
"However, we maintain prudent lending policies that by nature maintain a sound mortgage portfolio for the credit union and create a healthy borrowing situation for the member.
It will be their job to convince Chinese investors of their credibility, help educate them on sound, holistic portfolio management, and develop approaches to money management suited to the unique style and needs of China's millionaires.
Never mind that a strong economy should keep its loan portfolio sound.
"The models didn't give solutions that made sense to anybody who had a ghost of a brain," says Michaud, whose thick Boston accent makes "long-short portfolio" sound like "long-shot portfolio". In 1989, Michaud wrote an influential article laying out the problems with the Markowitz optimization and spent the next decade working on a solution.
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CEO of Professional Science Editing for Scientists @ prosciediting.com