Understanding Alternative Investments : Creating Diversified Portfolios That Ride the Wave of Investment Success

Walker outlines the tools necessary to evaluate alternative investments and further diversify your portfolio using hedge funds, real estate, venture capital, gold and more. Using ground-breaking data on alternative investments, the author explores how to apply new risk measurements for building a portfolio with these investment vehicles. "Using ground-breaking, never before seen data on alternative investments, Stephen Todd Walker explores how to apply new risk measurements to an alternative portfolio. Through his 20+ years of expertise in finance, the author explains how to go about carefully selecting the best alternatives for you and the right time to invest in them, including real estate, hedge funds, private equity, venture capital, and more. Features of the book include: -Historical data showing alternative investment on the upswing -Tools to help identify and evaluate alternative investments -Insights into wave theory and how it works -The pros and cons of investments The book shows the merits of owning alternative investments and helps investors who want to create better, more diversified portfolios. "-- "One of the top wealth managers in the world, Stephen Todd Walker, draws on examples of 'smart money' institutions, as well as his revolutionary theory 'Modern Portfolio Allocation' to show how any investor can use alternatives to diversify their portfolio, decrease risk and increase return. Using ground-breaking, never before seen data on alternative investments, Stephen Todd Walker explores how to apply new risk measurements such as Var to an alternative portfolio. Through his 20+ years of expertise in finance working for billionaires and institutions, the author amply explains how to go about carefully selecting the best alternatives for you and the right time to invest in them. Features of the book include: Terrific charts and graphs Rich history on alternatives Helpful tools to evaluate alternatives and further diversify Investing has changed and diversifying with alternatives shows a new approach Alternatives are here to stay The book shows the merits of owning alternatives Helps investors who want to create better, more diversified portfolios "-- "One of the top wealth managers in the world, Stephen Todd Walker, draws on examples of 'smart money' institutions, as well as his revolutionary theory 'Modern Portfolio Allocation' to show how any investor can use alternatives to diversify their portfolio, decrease risk and increase return. Using ground-breaking, never before seen data on alternative investments, Stephen Todd Walker explores how to apply new risk measurements such as Var to an alternative portfolio. Through his 20+ years of expertise in finance working for billionaires and institutions, the author amply explains how to go about carefully selecting the best alternatives for you and the right time to invest in them. Features of the book include: Terrific charts and graphs Rich history on alternatives Helpful tools to evaluate alternatives and further diversify Investing has changed and diversifying with alternatives shows a new approach Alternatives are here to stay The book shows the merits of owning alternatives Helps investors who want to create better, more diversified portfolios "-- Provided by publisher Machine generated contents note: Introduction: That Was Then, This is Now 1. Does the Universe Move in Waves? 2. Not All Financial Advisors Are Created Equal 3. Access to Alternative Investments and Competitive Advantages 4. Knowledge Really is Power 5. The Changing Financial Landscape 6. I Hate To Say, It But I Told You So 7. The Market and Alternative Investments 8. Diversification is Not Limited 9. The 'Smart Money' Is Global 10. Are All Hedge Funds Evil or Are They Really Angels in Disguise? 11. The Fools Gold or the Real Deal? 12. Venture Capital is Back 13. Asset Allocation and Alternative Investments 14. Modern Portfolio Allocation 15. There is Nothing to Fear Except Fear Itself 16. Devising Portfolios with Alternative Investments and Comparables 17. Alternative Investments Over the Past 20 Years 18. The Asset Allocation Process and Sample Portfolios. Front Matter....Pages i-xviii Introduction: That was Then, This is Now....Pages 1-22 Does the Universe Move in Waves....Pages 23-42 Not All Financial Advisors are Created Equal....Pages 43-50 Access to Alternative Investments and Competitive Advantages....Pages 51-63 The Changing Financial Landscape....Pages 65-78 I Hate to Say It, But I Told You So....Pages 79-92 The “Smart Money” is Global....Pages 93-111 Hedge Funds: Evil or Angels in Disguise....Pages 113-145 The Fools’ Gold or the Real Deal?....Pages 147-157 Venture Capital....Pages 159-200 Asset Allocation and Alternative Investments....Pages 201-222 Modern Portfolio Allocation....Pages 223-243 Devising Portfolios with Alternative Investments (Active vs. Passive)....Pages 245-263 The Asset Allocation Process and Sample Portfolios....Pages 265-279 Back Matter....Pages 281-319 Cover; Title; Copyright; Disclaimers and Disclosures; Epigraph; Contents; List of Illustrations; INTRODUCTION That Was Then, This Is Now; CHAPTER 1 Does the Universe Move in Waves?; CHAPTER 2 Not All Financial Advisors Are Created Equal; CHAPTER 3 Access to Alternative Investments and Competitive Advantages; CHAPTER 4 The Changing Financial Landscape; CHAPTER 5 I Hate To Say It, But I Told You So; CHAPTER 6 The "Smart Money" Is Global; CHAPTER 7 Hedge Funds: Evil or Angels in Disguise?; CHAPTER 8 The Fools' Gold or the Real Deal?; CHAPTER 9 Venture Capital CHAPTER 10 Asset Allocation and Alternative InvestmentsCHAPTER 11 Modern Portfolio Allocation; CHAPTER 12 Devising Portfolios with Alternative Investments (Active vs. Passive); CHAPTER 13 The Asset Allocation Process and Sample Portfolios; Notes; Index