#Asset Allocation

Asset allocation is the investment ritual of locking risk monsters into multiple cages. Investors chase the illusion of optimality, arranging stocks, bonds and real estate as if balancing on a sacred scale, convinced they have found peace of mind. Yet markets are capricious gods, doomed to shatter these meticulous plans with unexpected tsunamis. Facing countless tabs and charts, they take a deep breath and sway between hope and despair at each percentage point. Believing in the mirage of numbers might be the true essence of asset allocation.