William j bernstein biography



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William J. Bernstein

American financial theorist and neurologist (born 1948)

William J. Bernstein (born 1948) is an American financial theorist and neurologist.

William j bernstein biography

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  • His research is in the field of modern portfolio theory and he has published books for individual investors who wish to manage their own equity portfolios.[1] He lives in Portland, Oregon. His bestselling books include The Birth of Plenty and A Splendid Exchange.

    Biography

    Bernstein is a proponent of the equity or index allocation school of thought, believing that all equity selection strategies should be focused on allocating between asset classes, rather than selecting individual stocks and bonds, or from the timing of their sales.

    Bernstein's first book, The Intelligent Asset Allocator, makes this case in detail; his second book, The Four Pillars of Investing: Lessons for Building a Winning Portfolio (McGraw-Hill, 2002; ISBN 0-07-138529-0), is aimed for those less comfortable with statist