The Dark Side of Asset Allocation, Part 4

Posted by Jason Apollo Voss on Oct 30, 2018 in Best of the Blog, Blog | 0 comments So far in this series I have shared three ways in which asset allocation as typically executed by investment professionals can lead to undesirable outcomes. In Part 1, I shared that asset allocation frequently leads to too much risk being taken on by investors, as well as deworsification. While in Part 2, I pointed out treating frontier and emerging markets as an asset class can starve frontier...
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30 October 2018: Will Technology Dominate Finance? A MicGoat debinar.

Posted by Jason Apollo Voss on Oct 17, 2018 in Blog, News & Events | 0 comments On 30 October 2018 at 9am EDT I will be hosting the following debinar. PLEASE JOIN US!   Here is what you need to do to participate: Download the MicGoat app for your iPhone or iPad. Register for the debinar (debate webinar). Log in to the app on 30 October 2018. Listen, then respond, all the while learning and having fun! Hope to see you there and then 🙂 Jason  ...
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The Dark Side of Asset Allocation, Part 3

Posted by Jason Apollo Voss on Oct 16, 2018 in Blog | 0 comments This is my most recent article in a series that evaluates the dark side of asset allocation. In Part I, I discussed the unsavory fact that asset allocation frequently leads to important unintended consequences. This theme was extended to Part II as well, where I pointed out that treating frontier and emerging markets as an asset class can starve frontier and emerging markets of much needed...
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The Dark Side of Asset Allocation, Part 2

Posted by Jason Apollo Voss on Oct 2, 2018 in Blog | 0 comments Several weeks ago in this series I wrote about my belief that asset allocation frequently leads to two important unintended consequences: greater absolute levels of risk in investment portfolios, and deworsification, or too many assets in portfolios. In this edition, I want to address another dark, and unintended outcome of asset allocation, especially when it is productized. Specifically, how...
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The Dark Side of Asset Allocation, Part 1

Posted by Jason Apollo Voss on Sep 19, 2018 in Blog | 0 comments That’s a rather provocative title don’t you think? How can I possibly say that a great good, like asset allocation, has a dark side? In this series I hope to demonstrate to you how asset allocation is actually one of the hidden sources of fragility in the global financial system. Yet, its pernicious effects are largely unexamined because of the concept’s universal acceptance as one of the best...
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Values Over Institutions Every Time

Posted by Jason Apollo Voss on Sep 5, 2018 in Blog | 0 comments Just after the election of Donald J. Trump as President of the United States I had many conversations with colleagues and friends. Regardless of people’s political persuasion, most expressed some confusion about the future direction of global politics given the unusual nature of Trump as a candidate. Was he, is he, crazy like a fox, or just crazy? How should we as investors, business people, and...
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