Backtesting of Tactical Asset Allocation Strategies
By DeepValueTrader on Mon, 2010-01-11 14:16
(via www.ukvalueinvestor.com)
I've long been fiddling around with various mechanical methods of adjusting an almost passive index investing stragety to improve the risk/reward ratio. This is sometimes known as Tactical Asset Allocation (TAA). The same general idea can be applied to the cash or bond allocation within a stock picking portfolio.
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