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Federal Street Advisors
Distance: 0.2 Mi50 Federal St
2110 Boston -
Arthur W. Wood Company, Inc
Distance: 0.3 Mi50 Congress St Ste 300
02109-4069 Boston -
Independence Investment Associates
Distance: 0.4 Mi53 State St
2109 Boston -
Garrett Nagle & Co.
Distance: 0.3 MiTwo International Place 19th Floor
2110 Boston -
Northfield
Distance: 0.4 MiSecurity Analysis Society 184 High St Fl 5
2110 Boston
New Frontier Advisors, LLC
- 10 High St Ste 802
- Boston, Massachusetts
- 02110-1600
- Phone: 617.482.1433
- Website
Description
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 pinpointed is that risk and return numbers are estimates, but modern portfolio theory treats these numbers as facts.