William J. Bernstein Quote

The essence of effective portfolio construction is the use of a large number of poorly correlated assets.


The Intelligent Asset Allocator: How to Build Your Portfolio to Maximize Returns and Minimize Risk (ed. McGraw Hill Professional, 2000) - ISBN: 9780071362368


The essence of effective portfolio construction is the use of a large number of poorly correlated assets.

The essence of effective portfolio construction is the use of a large number of poorly correlated assets.

The essence of effective portfolio construction is the use of a large number of poorly correlated assets.

The essence of effective portfolio construction is the use of a large number of poorly correlated assets.