Using the Science of Investing to Create More Efficient Portfolios and Reduce the Risk of Black Swans

by Larry Swedroe, Buckingham Strategic Wealth

Investors can use the findings from academic research to build more efficient portfolios, portfolios with lower volatility and ones that significantly reduce tail risk. The reduction in tail risk is especially important to retirees where sequence risk is important, and its reduction should be a focus of portfolio construction. Larry Swedroe will also discuss how the development of interval funds has improved the opportunity set.

Three lessons from this presentation which could be applied to your portfolio include:

• How to think differently about diversification by thinking about factors instead of asset classes
• The importance of understanding the time-shifting nature of correlations, and why that matters
• How to reduce tail risk and thus sequence risk significantly

AAII is making available a recent AAII interview with Larry Swedroe in which he explains how to use factor investing to increase portfolio diversification and help reduce risk.

This will be an interactive Webinar exclusively for the Houston AAII chapter.  Meeting attendees will be able to direct questions to Mr. Swedroe and receive answers in much the same way as in our meetings with speakers who are physically present.

Larry Swedroe encourages questions during his presentations.  He has provided a copy of his presentation Using the Science of Investing to create more efficient portfolios – Larry Swedroe – Feb. 2020 in advance so that you might download it and think about what questions you might have.

Larry Swedroe is Chief Research Officer & Board Member of Buckingham Strategic Wealth, The BAM Alliance.  Since joining The BAM Alliance in 1996, Swedroe has spent his time, talent and energy educating investors on the benefits of evidence-based investing with enthusiasm few can match. Swedroe was among the first authors to publish a book that explained the science of investing in layman’s terms, “The Only Guide to a Winning Investment Strategy You’ll Ever Need.” He has also co-authored seven books about investing. His latest work, “Your Complete Guide to Factor-Based Investing: The Way Smart Money Invests Today,” was co-authored with Andrew Berkin and published by Buckingham in 2016. Swedroe has made appearances on NBC, CNBC, CNN and Bloomberg Personal Finance. He contributes regularly to multiple outlets, including ETF.com and Advisor Perspectives. Swedroe holds an MBA in finance and investment from New York University, and a bachelor’s degree in finance from Baruch College in New York.  For more about Mr. Swedroe and recent articles he’s published, please see Larry Swedroe, AAII Author page  

Meeting Detail
Date and Time:  
Tuesday, February 4, 2020
6:30 pm Registration/Social
7:00 pm Webinar Presentation
8:15 pm Q&A

Location:  
Trini Mendenhall Center
1414 Wirt Road
Houston, TX 77055

Payment:
In Advance (received by 5:00 pm on Monday, February 3rd, via PayPal or mail), – Everyone, $10./family
After 5:00 pm on Monday, February 3rd  – Everyone $20./person by PayPal only, bring proof of payment
No at-the-door registration
To pay online by credit card or PayPal account, click on the PayPal button below.

To pay by mail, please send payment to:
AAII Houston Chapter
Charles McElroy
10210 Pilibos Park Court
Katy, TX 77494
Your payment must be received by 5:00 pm, Tuesday, January 21st.

If you have any questions, you can contact us by using the following form:

• 2020 February Meeting
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