The Architecture of Wealth: The Art and Science of Portfolio Construction

An accessible guide to the development of modern investment and portfolio theory and how you can use it to create an effective investment portfolio The Architecture of Wealth: The Art and Science of Portfolio Construction, by experienced investment researchers Andrew Clarke and Nelson Wicas with portfolio manager Ganesh Suntharam, is an in-depth strategy guide for building a portfolio using techniques that reliably result in superior returns. In the book, the authors outline the theory underlying modern portfolio construction, from the development of modern portfolio theory in the 1950s and 1960s to recent developments in behavioral economics.They also discuss the trial-and-error and compromise necessary to translate theory into real-world investing decision.Finally, the authors explain the advanced methodological and analytical techniques that they’ve used for over three decades to identify promising investing opportunities. An expert discussion of the last 75 years of investment mana