Revolutionary Asset Dedication Strategy Outperforms Traditional Asset Allocation Methods
Asset Dedication introduces a new investment technique called asset dedication, which aims to outperform traditional asset allocation methods. The book highlights the flaws in current asset allocation strategies and offers a personalized approach to building portfolios. By following a seven-step asset dedication program, investors can design financial strategies tailored to different stages of life and create a passive portfolio that can outperform actively managed ones. The evidence presented in the book shows that asset dedication consistently outperforms traditional asset allocation methods and meets investors' financial goals over the short- and long-term.