Rational Expectations: Asset Allocation for Investing Adults (Investing for Adults Book 4)

Rational Expectations is a clean sheet of paper in the wonky world of quantitatively based asset allocation aimed at small investors. Continuing the theme of the Investing for Adults series, this full-length finance title is not for beginners, but rather assumes a fair degree of quantitative ability and finance knowledge. If you think you can time the market or pick stocks and mutual fund managers, or even if you think that you can formulate an optimally efficient mean-variance asset allocation with a black box, then learn some basic finance and come back in a few years.

On the other hand, if you know your way around risk premiums and standard deviations and know who Irving Fisher and Benjamin Graham were, and if you want to sharpen your asset class skills, you’ve come to the right place.

• Deep Risk: How History Informs Portfolio Design (Investing for Adults Book 3)
• Skating Where the Puck Was: The Correlation Game in a Flat World (Investing for Adults Book 2)
• The Ages of the Investor: A Critical Look at Life-cycle Investing (Investing for Adults Book 1)
• The Intelligent Asset Allocator: How to Build Your Portfolio to Maximize Returns and Minimize Risk
• The Investor's Manifesto: Preparing for Prosperity, Armageddon, and Everything in Between
• The Four Pillars of Investing: Lessons for Building a Winning Portfolio
• If You Can: How Millennials Can Get Rich Slowly
• All About Asset Allocation, Second Edition
• Value Averaging: The Safe and Easy Strategy for Higher Investment Returns (Wiley Investment Classics Book 35)
• Your Complete Guide to Factor-Based Investing: The Way Smart Money Invests Today