Goals-Based Portfolio Theory

ISBN-13: 9781119906100 / Angielski / Twarda / 2022 / 300 str.

Franklin J. Parker

Spis treści

Foreword by Jean LP Brunel, CFA ixPreface: Goals-Based Investors and the Need for Better Theory xvAcknowledgments xxviiChapter 1 The Story of the Idea: How Goals- Based Portfolio Theory Came to Be 1Chapter 2 A Theoretical Foundation 11Chapter 3 Allocating Wealth Across Goals and Across Investments 31Chapter 4 Allocating Wealth Through Time 45Chapter 5 Real Markets, Real Risk, Real Portfolios 65Chapter 6 Insurance Through a Goals- Based Lens 85Chapter 7 Impact Investing 97Chapter 8 Taxes and Rebalancing 109Chapter 9 Goals- Based Reporting 125Chapter 10 Fragility Analysis of Goals- Based Inputs 137Chapter 11 Human Risks 147Chapter 12 Prudent Investing with High- Variance Assets: An Experimental Chapter 161Chapter 13 As a Bridge Between Normative and Behavioral Finance 173Chapter 14 The Future Structure of Wealth Management Firms 199Some Final Thoughts 209Index 219

O autorze

FRANKLIN J. PARKER, CFA, is the award-winning author of dozens of peer-reviewed articles and trade publications. He is a CFA charterholder, international speaker, founder of a Texas-based RIA, and a strategic advisor to journals, funds, and wealthy families.