Post-modern portfolio theory uses downside risk to refine portfolio optimization. Learn how PMPT offers an alternative to modern portfolio theory for risk-adjusted returns.

Rate of return and standard deviation are two of the most useful statistical concepts in business. These two figures will tell you whether a business project is worth the investment and trouble, given ...

About the author: Rick Lear is the founder and chief investment officer at Lear Investment Management. The idea of adding to or maintaining fixed-income exposure at a time of heightened market fear ...