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Portfolio engineering
The four key questions in portfolio engineering - Where are we in the cycle? What may characterise the next cycle?
- What are the markets trying to tell us? Is the consensus right or wrong?
- Where can we find inefficiently priced assets? Where are the highest rewards for taking risks?
- How do we shield ourselves from "irrational exuberance"? When should we focus on risk control, and when should we focus on performance?
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