Reducing the Risk of Black Swans

Full Name
Reducing the Risk of Black Swans: Using the Science of Investing to Capture Returns with Less Volatility

Reducing the Risk of Black Swans revisits what it takes to build more efficient portfolios in today’s evolving financial landscape. Designed specifically for those seeking to enrich their technical knowledge of recent advancements in the world of evidence-based investing, this book explains how developments in the financial industry have enabled retail investors to access new and unique sources of risk and return. Reducing the Risk of Black Swans is an essential resource for making informed and prudent investment decisions necessary to help secure your financial future.

Praise for Reducing the Risk of Black Swans

"For an MIT-trained engineer who loves data candy, Larry Swedroe and Kevin Grogan's latest work is a feast. But you don't have to be a data geek to appreciate their clear presentation of the role new alternative investments can play in a well-diversified portfolio."

John Montgomery, Founder, Chairman, and Chief Investment Officer, Bridgeway Capital Management

"Due to today's high stock valuations, real U.S. stock returns over the next 10 years are widely expected to be well below historical averages. Swedroe and Grogan provide carefully researched suggestions that are expected to enhance your portfolio's returns while lowering its overall stock market exposure. I, for one, am considering how I should implement some of their suggestions into my portfolio."

Dr. William Reichenstein, Pat and Thomas R. Powers Chair in Investment Management, Hankamer School of Business, Baylor University