Understanding Asset Allocation: An Intuitive Approach to Maximizing Your Portfolio

“It all comes down to how well you want to perform. Without question, I know that your investment returns will only improve with Victor Canto leading you along.”

–From the Foreword by Larry Kudlow

“Victor Canto nails it. Any investment strategy that doesn’t keep in mind the big picture will only serve up average results in the long run. Any investor who can’t tell one signal from another will be lost. Canto thoroughly understands this, and he’s packed his book with more wisdom, insight, and direction per page than most any I’ve seen. This is essential reading for all those who want to maximize investment returns.”

–Herb Gullquist, Chief Investment Officer (Ret.), Lazard Asset Management

“Victor’s cyclical asset allocation approach is based on a set of sound fundamental economic theory principles that provide the investor with the tools and approach necessary to outperform by focusing only on those factors that are important (inflation, growth, and taxes), and avoiding what is otherwise just a bunch of noise.”

–David Walsh, Chief Market Strategist, Allstate Insurance Company

“This book clearly explains why investment opportunities change over time in response to key economic factors. The author's work is an essential building block forthoughtful investors.”

–John E. Silvia, Managing Director, Chief Economist, Wachovia

“Very rarely does an investment guru allow us a peak under the hood. But, in Understanding Asset Allocation, Victor Canto does just that. Every page of this book will help make you a better investor. Strap on your reading glasses, get ready to learn, and start thinking about a better retirement.”

–Brian Wesbury, Chief Economist, First Trust Advisors, L.P.

You can achieve consistently higher returns from your investments. This book shows you the way effective asset allocation can accomplish that goal.

It’s not enough to rely on some investment manager’s one-size-fits-all software to allocate your precious capital: you need to understand the process and take control. In Understanding Asset Allocation, economist, investment expert, and hedge-fund manager Dr. Victor Canto shows you exactly how to do that.

Canto introduces a flexible, easy-to-use approach to asset allocation that leverages powerful business cycle information and investment vehicles most investors ignore. You’ll discover the right times to choose passive versus active investments, value versus growth stocks, and large caps versus small caps.

He reveals what you can (and can’t) learn from historical data, how to find and focus on sectors that offer exceptional opportunity, and how to more effectively manage risk. Whether you manage your own investments or rely on an advisor, this book will help you optimize all your asset allocation decisions–and maximize the returns they deliver.  

• Asset allocation demystified–finally!
  Beyond the “black box”: plain-English, common-sense asset allocation techniques that work
• Bringing unprecedented flexibility to asset allocation
  Considering every appropriate investment–traditional and nontraditional
• Sailing with the wind at your back
  Leveraging the power of the business cycle–what to overweight, and when
• Mastering the key economic variables that will drive your results
  Allocating to reflect the future of interest rates, government action, and more