The AAII Sacramento Chapter presents...

Is Modern Portfolio Theory Harming Your Portfolio?

    Discussed by:

    Scott Vincent
    Founder and Managing Partner, Green River Asset Management LLC

Modern portfolio theory (MPT) is a flawed architecture. Its shortcomings are demonstrated in academic research and empirical data and are widely acknowledged. Yet despite its flaws, MPT still operates at the heart of our financial system and plays a highly influential role in dictating all manner of financial decisions. This creates the potential for large-scale misallocation of capital across our financial system. MPT has skewed the investment landscape for individual investors in favor of “safe,” highly diversified index and index-like funds. However, as Vincent explains, there is compelling evidence that these funds’ relative risk/return profile is not as appealing as we are led to believe, and that “true” active managers may offer a better alternative.

Attend This Meeting and Learn...
Why our financial system continues to rely upon a set of impractical theories
How this reliance manifests itself in inefficient capital allocation by individual investors and institutions
How to look for portfolio managers who eschew MPT and consistently add value over time

Wednesday, September 18, 2013
6:30 p.m.    Registration/Social
7:30 p.m.    Program
Dante Club
2330 Fair Oaks Blvd.
Sacramento, CA
[ Map This Location ]
In Advance (by 9/13)
AAII Member & Member's Family, $7/person
Nonmembers, $10/person
At the Door (space permitting)
Everyone, $10/person
No Refunds
  Special Interest Groups (SIGs)


Bernard Scoville,
Meetings are held on the third Thursday of each month.
Location: SMUD Headquarters, 6301 S Street, Sacramento, in the Forest Room on the first floor.
Time: 7:30 p.m.

Return to Sacramento Chapter home page
Sacramento PLAIN TEXT template
Sacramento Review Speaker template
Speaker Notification template

NEW HTML template!!!!