About the author:

David M. Dast is the executive director and chief investment officer of Morgan Stanley's individual investor business, responsible for asset allocation and investment strategy formulation, and the founder and first chairman of Morgan Stanley Investment Group. be like

Dast is a dynamic and popular speaker and the author of Bond Book and Bond and Money Market Manual. As a graduate of Yale University and Harvard Business School, Dast once stayed as a visiting teacher.

A large number of papers have been published in financial publications, including Barron's Weekly, Eurocurrency and Money Manager.

This book introduces in detail how to use modern asset allocation concepts and tools to improve returns and control risks in various market environments (bull market, bear market and balanced market).

This book is comprehensive and extensive. Whether you are a novice asset allocator who wants to read this book page by page, or a senior asset allocator who wants to improve his asset allocation art, this book can provide you with the knowledge to apply modern asset allocation technology most effectively. This book deeply analyzes all aspects of effective asset allocation, including:

The basic meaning, principles and methods of asset allocation;

A large number of clear descriptive charts;

Structure and framework of asset allocation;

Asset allocation rate of return, asset allocation and behavior basis analysis;

16 Basic risk and return characteristics of major asset classes;

A series of methods for financial market analysis and adjustment;

Basic information about investors, investment prospects and existing worksheets in investment fields.