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Quotes

Quotes from Author Stephen Todd Walker

"Riding the perfect wave in the ocean is analogous to finding the right Alternative for a portfolio and earning a handsome return. The Alternatives space is vast like an ocean and will one day eclipse both the equity and fixed income markets combined."

"One should consider all asset classes especially those they do not fully understand because that is where an investor will likely find the best opportunity going forward."

"The purpose of this book is to enable people to understand Alternatives and how one can use them to build better, more diversified portfolios (whether they are for institutional investors or for high net worth and/or retail investors). Navigating Alternatives is not easy and requires a skill set similar to that of a world class surfer riding waves in the ocean."

Pension plan sponsors, endowments and foundations as well as pension consultants have all warmed up to managed futures in a significant way over the past decade. This book clearly shows the merits of managed futures and how they can be used to further diversify a portfolio. The attractive long term risk adjusted (& non-correlated) returns are one important way institutions can generate much needed alpha in an era where much more horsepower is required beyond the traditional paradigm of stocks and bonds.
-David Lerman, Senior Director, Asset Managers, Products and Services, CME Group