Fundamentals of Portfolio Weights and Rebalancing
July 20, 2012 - Strategic Allocation
What are the fundamental considerations for portfolio weights and rebalancing rules over the long run? In the July 2012 version of his book excerpt entitled “Dynamic Portfolio Choice”, Andrew Ang elaborates these considerations as derived from two precepts: (1) periodic or conditional rebalancing of the components of a diversified portfolio is foundational to long-term investing;… Keep Reading