+1 Both are great and help cut through the noise.Not a book recommendation but I like a couple of John Cochrane papers: Portfolio Advice for a Multi-factor World, and Portfolios for Long-Term Investors. The articles highlight the most glaring weaknesses of the one-period lower-dimensional models, suggest generalizations to overcome these, and provide deeply insightful perspectives and advice. There are also some talks and interviews with Cochrane (e.g., on The Rational Reminder Podcast) to complement these.
Statistics: Posted by colejr — Fri Jan 05, 2024 2:49 am — Replies 3 — Views 468
