Finance

I recently read In Pursuit of the Perfect Portfolio by Andrew Lo and Stephen Foerster. The book starts by referencing the Japanese classic film Rashomon, which explores a murder as described from the perspective of different characters. The pursuit of the perfect portfolio took the authors down a fascinating path interviewing 10 of the most influential figures who transformed the field of finance. These figures developed new investment theories, frameworks, and models for a balanced and well-hedged portfolio. ...