Challenging Orthodoxies: The Distraction that is Modern Portfolio Theory

Monday, November 21st, 2016

In September 2013, Julie Segal asked “Is Alpha Dead – beating the market has become nearly impossible.” “….struggles to find excess returns…What had become common wisdom and the science of markets suddenly didn’t work…[The Endowment Model] stresses diversification into all types of equities and employs huge allocations to alternative investments like PE and Hedge funds.  […]