Stop Maximizing Your Returns Using Modern Portfolio Theory

#229 Why modern portfolio theory is a defective way to build out an investment portfolio. This episode explains a better approach to asset allocation.

For show notes and more information on this episode click here.

• [0:11] What is modern portfolio theory?
• [4:29] There are many downfalls to relying on this theory while investing
• [7:05] We should prepare for the worst possible outcome when investing, not the average positive outcome
• [14:08] The true goal of investing should be about “minimizing your maximum regret in the meta-game”
• [18:34] There isn’t the best “right answer” with your portfolio
• [25:15] Maximization of anything doesn’t work in today’s environment

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.