Description
ALEX SHAHIDI is Managing Partner and Co-Chief Investment Officer at Evoke Advisors, one of the largest registered investment advisors in the United States. He has over two decades of experience as an investment advisor managing billions of dollars for institutional and ultra-high-net-worth clients. Alex is a Chartered Financial Analyst charterholder, a Certified Investment Management Analyst, and a Certified Financial Planner. Barron’s magazine has repeatedly ranked him as one of the top financial advisors in the country. Alex has been interviewed on Bloomberg Television and Radio, BBC World News, and Yahoo! Finance and for articles in the Wall Street Journal, Barron’s, and other major publications. He has also been featured in numerous podcasts including Capital Allocators, The Investor’s Podcast, and Seeking Alpha. Foreword ix Preface xi Acknowledgments xiii About the Author xv Introduction xvii Chapter 1 What Is Risk Parity? 1 Chapter 2 Two Steps to Build a Well-Balanced Portfolio 11 Chapter 3 Equities 21 Chapter 4 Treasuries 35 Chapter 5 TIPS 51 Chapter 6 Commodities 63 Chapter 7 Other Asset Classes 75 Chapter 8 Risk Parity Portfolio Summary 89 Chapter 9 Risk Parity Portfolio Historical Returns 99 Chapter 10 The Timeliness of Risk Parity 115 Chapter 11 The Rebalancing Boost 129 Chapter 12 Efficient Implementation 135 Chapter 13 When Does Risk Parity Underperform? 143 Chapter 14 FAQs 155 Chapter 15 Conclusion 173 Index 175
