| Description |
1 online resource (221 pages) |
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text file |
| Contents |
Front Cover; Broken Pie Chart; Copyright Page; Dedication; Contents; Acknowledgments; Preface: Did 2008 Teach Us Anything?; 1 Whatâ#x80;#x99;s in Your Pie Chart?; 1.1. Historical Return Averages; 1.2. Lifecycle for Investors; 1.3. Investors May Not Realize the Average of Shorter Time Periods; 1.4. Issues with Traditional Asset Allocations in Shorter Time Periods; 1.5. Historical Returns to Determine Probabilities; 2 Why Bondsâ#x80;#x99; Past Performance Canâ#x80;#x99;t Equal Future Results; 2.1. Inflation Impact on Bond Yields; 3 Target Date Surprise; 3.1. 2008 Great Recession and Near-Term TARGET DATE Funds. |
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3.2. Target Fund Composition3.3. Hearings Point to Issues with TARGET DATE Funds; 3.4. TARGET DATE Funds Do Not Individualize Advice; 4 Why Diversification Fails; 4.1. Are There Too Many Concentrated Assets in Exchange-Traded Funds?; 4.2. Classic Asset Allocation Models; 4.3. How about Diversifying through Sectors and Regions?; 4.4. Fixed Income as a Hedge; 4.5. Diversification During Short-Term Market Corrections; 4.6. Dividend Stocks as a Hedge?; 5 What If We Go Sideways or Down?; 6 This Time Is Different?; 6.1. Government Debt Expansion; 6.2. State and Municipal Debt United States. |
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6.3. Central Bank Balance Sheets6.4. Inflation Has Not Risen, Yet; 6.5. Currencies and Interest Rates; 6.6. Have Low-Interest Rates Distorted Consumer Markets?; 7 Why Sequence of Returns Matter; 7.1. Savings; 7.2. Inflation; 7.3. Return on Investments (ROI); 8 Hard Floors and Hedges; 8.1. Stop-Loss Orders; 8.2. Stop-Loss Market; 8.3. Stop-Loss Limit; 8.4. Diversification and Exchange-Traded Funds; 8.5. Why VIX Index Funds Are a Bad Long-Term Hedge; 8.6. Problems with Classic Portfolio Asset Allocation as a Hedge; 8.7. Introduction to Options; 8.8. Hedged-Equity Strategies. |
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8.9. What Is the Down Side to Hedged Equity?8.10. Factors to Consider; 9 Volatility Is an Emerging Asset Class; 9.1. What Is Volatility in Relation to Options?; 9.2. Components of an Options Price; 9.3. Option Greeks; 9.4. Implied Volatility; 9.5. Is Option Volatility Premium Selling Like Being an Insurance Company?; 9.6. Probability-Based Option Premium Selling; 9.7. Benefits and Risks in Premium Selling Strategies; 10 Synthetics to Build Positions with a Seat Belt; 10.1. Profit-and-Loss Graphs; 10.2. Synthetic Positions Using Options Example; 10.3. Synthetic Options to Collect Dividends. |
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10.4. Structured Notes10.5. Buffered Equity Strategies; 10.6. Risk Shifting; 10.7. Equity Risk; 10.8. Buffered Equity Benefits to Risk-Adjusted Returns; 10.9. Covered Calls Do Not Create Substantial Hedges or Buffers to Portfolios; 10.10. White Swan Risk; 11 Risk-Adjusted Returns Matter; 11.1. Risk-Adjusted Returns; 11.2. Sharpe Ratio; 11.3. Sortino Ratio; 11.4. Historical Sharpe Ratios: Equities and United States Treasuries; 12 Final Thoughts; Bibliography. |
| Summary |
Investment outcomes and strategies have changed considerably since 2008. Broken Pie Chart demonstrates the failures of classical diversification and asset allocation, pointing out that the backward-looking methods used by traditional financial professionals will not work moving forward. |
| Bibliography |
Includes bibliographical references. |
| Local Note |
eBooks on EBSCOhost EBSCO eBook Subscription Academic Collection - North America |
| Subject |
Portfolio management.
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Portfolio management. |
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Financial risk management.
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Financial risk management. |
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Securities.
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Securities. |
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Investment & securities. |
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Business & Economics, Investments & Securities, Portfolio Management. |
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BUSINESS & ECONOMICS -- Finance. |
| Genre/Form |
Electronic books.
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| Other Form: |
Print version: Moore, Derek. Broken Pie Chart : 5 Ways to Build Your Investment Portfolio to Withstand and Prosper in Risky Markets. Bingley : Emerald Publishing Limited, ©2018 9781787435544 |
| ISBN |
9781787439580 |
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1787439585 |
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9781787435537 |
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1787435539 |
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1787435547 |
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9781787435544 |
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