Review Global Asset Allocation: A Survey of the World’s Top Asset Allocation Strategies
by MEB FABER
Description
Technically, there is something wrong in the system if our focus lies intently on assets, talking about the full control of such including the overall volume and value allocation. The book Global Asset Allocation discusses the concept by providing an introductory lesson on the entire archiving system and history of commonly traded assets like stocks, bonds, and currencies. The discussion delves deeper into the ramifications that inflation inflicts on finances and how diversification of assets provides a tool kit efficient enough to eradicate the sharp threats carried by risky asset classes.
What’s interesting about this book is how it goes beyond stocks or bond portfolio limitation to focus on a macrocosmic and encompassing allocation with respect to assets. Using histories and research-based insights, 13 assets and their returns dating back from 1973 were put under assessment and evaluation. Some of these assets are popular profiles, including Ray Dalio’s All-Weather Portfolio, Warren Buffett’s methodologies, and the Endowment portfolio. After intensive analysis, this book concluded that there is a shared commonality among these well-known profiles. As the conclusion suggests, there’s more to asset allocation that sways the profile, and it is up to this book to disclose such.
About the Author
MEB FABER is one of the founding fathers who established Cambria Investment Management. Currently, he serves as the Chief Investment Officer of the said company. He is a renowned author specializing in investment strategies. He regularly conducts forums related to the field and has been featured in various media, including The New York Times, and The New Yorker.
Table of Contents
Copyright
Dedication
About the Author
Epigraph
Introduction
- Chapter 1- A History of Stocks, Bonds, and Bills
- Chapter 2- The Benchmark Portfolio: 60/40
- Chapter 3- Asset Class Building Blocks
- Chapter 4- The Risk Parity and All Seasons Portfolios
- Chapter 5- The Permanent Portfolio
- Chapter 6- The Global Market Portfolio
- Chapter 7- The Rob Arnott Portfolio
- Chapter 8- The Marc Faber Portfolio
- Chapter 9- The Endowment Portfolio-Swensen, El-Erian, and Ivy
- Chapter 10- The Warren Buffett Asset Allocation Portfolio
- Chapter 11- Comparison of the Strategies
- Chapter 12- Implementation (ETFs, Fees, Taxes, Advisors)
- Chapter 13- Summary
- Appendix A-FAQs
- Appendix B- The Tobias Portfolio
- Appendix C- The Talmud Portfolio
- Appendix D- The 7Twelve Portfolio
- Appendix E- The William Bernstein Portfolio
- Appendix F- The Larry Swendroe Portfolio
