15 min listen
Edward McQuarrie: Rethinking Portfolio Theory
Edward McQuarrie: Rethinking Portfolio Theory
ratings:
Length:
28 minutes
Released:
Feb 7, 2024
Format:
Podcast episode
Description
In this episode of Guiding Assets, host Mike Wallberg is joined by Dr. Edward McQuarrie, Professor Emeritus of the Levy School of Business at Santa Clara University. Dr. McQuarrie challenges some long-held assumptions in financial markets, including the belief that stocks always outperform bonds over the long term and that a negative correlation between bonds and stocks leads to effective diversification. He discusses his research, which takes a historical perspective by analyzing U.S. stock and bond records dating back to 1792. Dr. McQuarrie explains how his research builds upon previous work by Jeremy Siegel, highlighting the advantages of accessing older historical data. This thought-provoking episode challenges conventional wisdom and provides listeners with a fresh perspective on portfolio theory.
Released:
Feb 7, 2024
Format:
Podcast episode
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