Over the past three decades, a sustained surge in inflation has been absent in developed
markets. As a result, investors face the challenge of having limited experience and no recent …

The authors provide practical insights for investors seeking exposure to the growing
cryptocurrency space. Today, crypto is much more than just bitcoin, which historically …

Financial markets across all asset classes are known to exhibit trends, which have been
exploited by traders for decades. However, a closer look at the data reveals that those trends …

We show that stop-loss rules increase the returns to investment in stocks with lottery
features. These stocks typically have sporadic big gains and frequent small losses …

The use of options by individual investors has grown dramatically in recent years. The
authors evaluate several popular options strategies, including portfolio insurance, life cycle …

There is a myriad of financial anomalies in the cross-section of equity returns. They have
been widely studied in the literature, which gives investors a large choice in terms of …

We extend proxies of several popular asset allocation approaches—US and Global 60/40,
Diversified Multi-Asset, Risk Parity, Endowment, Factor-Based, and Dynamic asset …

This paper suggests an alternative method of investing funds managed by endowments and
foundations that is largely based on the work of Harry Markowitz, Arnold Zellner, and Nassim …

We argue that most investable assets and strategies cluster into two broad groups:
productive and scarce. Intuitively, productive assets have high equity beta and positive carry …

This thesis explores portfolio management, focusing on hybrid funds and their potential to
outperform traditional market benchmarks. Hybrid funds combine active and passive …