Although not for novice investors, Andrew Ang’s new book, “Asset Management: A Systematic Approach to Factor Investing,” represents a comprehensive, clearly written and accessible review of the latest thinking in modern financial theory.
It provides some important lessons that investors can learn and implement in constructing well-diversified portfolios. I thought it worth sharing some of the most noteworthy points that Ang—a professor at the Columbia School of Business and an advisor to the Norwegian sovereign wealth fund, the largest such fund in the world—covers in depth.
Read the rest of the article on ETF.com.