<p><b>Discover a masterful exploration of the fallacies and challenges of asset allocation </b></p><p>In <i>Asset Allocation: From Theory to Practice and Beyond</i>¿the newly and substantially revised <i>Second Edition</i> of <i>A Practitioner¿s Guide to Asset Allocation</i>¿accomplished finance professionals William Kinlaw, Mark P. Kritzman, and David Turkington deliver a robust and insightful exploration of the core tenets of asset allocation.</p><p>Drawing on their experience working with hundreds of the world¿s largest and most sophisticated investors, the authors review foundational concepts, debunk fallacies, and address cutting-edge themes like factor investing and scenario analysis. The new edition also includes references to related topics at the end of each chapter and a summary of key takeaways to help readers rapidly locate material of interest.</p><p>The book also incorporates discussions of:</p><ul><li>The characteristics that define an asset class, including stability, i