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  • New Frontier Advisors, LLC
    New Frontier Advisors, LLC
    617.482.1433
    10 High St Ste 802, 02110-1600  Boston

    In the late 1990s, Dr. Richard Michaud dove into the problem of why modern portfolio theory works so well on paper but requires extensive tweaking to work in practice. Modern portfolio theory focuses on finding the best portfolio for a certain level of risk or return. The problem that Dr. Michaud p…