{"product_id":"skating-where-the-puck-was-the-correlation-game-in-a-flat-world-9780988780309","title":"Skating Where the Puck Was: The Correlation Game in a Flat World","description":"\u003cp\u003e • Author(s): William J. Bernstein\u003cbr\u003e • Publisher: Efficient Frontier Publications\u003cbr\u003e • Publisher Imprint: Efficient Frontier Publications\u003cbr\u003e • BISAC: Investments \u0026amp; Securities - Stocks\u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003eSkating Where the Puck Was: The Correlation Game in a Flat World is the second installment in the Investing for Adults series. This series is not for novices. This booklet explores the notion that, as a general rule, no magic policy rich in high-return\/low-correlation alternative asset classes exists that will simultaneously preserve upside reward and protect against downside losses. And as long as I'm lowering your expectations, this booklet is most certainly not a blueprint for the \"perfect portfolio.\" You're an adult, after all, so you know that the future efficient frontier lies well beyond our ken; presumably you already know all about the mechanics, long-term benefits, as well as the uncertainties, of wide diversification and factor tilt using low-cost, efficient vehicles and the risk\/reward spectrum between all-fixed-income and all-equity portfolios. Rather, this booklet provides a way of navigating a global investment landscape that grows ever more linked by the month, and a way of thinking about diversification.\u003c\/p\u003e","brand":"Efficient Frontier Publications","offers":[{"title":"Paperback","offer_id":45511565213847,"sku":"9780988780309","price":665.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0666\/3471\/1191\/files\/9780988780309.webp?v=1767462405","url":"https:\/\/atlanticbooks.com\/products\/skating-where-the-puck-was-the-correlation-game-in-a-flat-world-9780988780309","provider":"Atlantic Books","version":"1.0","type":"link"}