Class 1: Main Lessons from Modern Portfolio Theory - Time 1:23':40''

 

• Risk x Reward and Risk Aversion

• Mean-variance optimization and the efficient frontier 

• Portfolio diversification and covariance

• Asset Pricing Models: CAPM, APT, Factor models

• The Capital Market and Securities Market Lines 

• Alpha, Beta, and Sharpe Ratio 

• Constructing an efficient portfolio of bonds, equities and a risk-free asset 

• Building efficient portfolios using mutual funds and ETFs 

• The 60-40 portfolio 

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Class 2: Top Down Approach to Asset Allocation - Time 1:05':06'' 

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• Global macro and financial outlook 

• Main financial variables and valuation

• Correlations

• Asset allocation and portfolio balancing 

• Lessons from Behavioral Finance