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March 07, 2012 at 15:11 PM EST
Portfolio Management: Bernstein Coward’s Lazy Portfolio & Its Active Version
William Bernstein is the author of several books including The Intelligent Asset Allocator and The Four Pillars of Investing. He introduced the Coward’s Portfolio in 1996. The “coward” refers not to the investor’s risk tolerance but to the strategy of hedging one’s bets and having slices of a number of asset classes. This portfolio has [...]
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