# Windham Insights

## Windham Insights

- [Reading Resources](https://insights.windhamlabs.com/master.md): Windham Labs: Thought Leadership in Asset Allocation and Risk Management.
- [List of Publications](https://insights.windhamlabs.com/list-of-publications.md): Our publications on reading matter in portfolio theory and economics.
- [Asset Allocation](https://insights.windhamlabs.com/asset-allocation/asset-allocation.md): Mark Kritzman, September 21, 2016
- [Asset Allocation and Factor Investing](https://insights.windhamlabs.com/asset-allocation/asset-allocation-and-factor-investing.md): An Integrated Approach to Portfolio Construction
- [Asset Allocation in Taxable Portfolios](https://insights.windhamlabs.com/asset-allocation/asset-allocation-in-taxable-portfolios.md): Modeling Taxable Portfolios
- [Asset Allocation versus Security Selection: Evidence from Global Markets](https://insights.windhamlabs.com/asset-allocation/asset-allocation-versus-security-selection-evidence-from-global-markets.md): Which activity is more important: asset allocation or security selection? The answer could surprise you.
- [Defining an Asset Class](https://insights.windhamlabs.com/asset-allocation/defining-an-asset-class.md)
- [An Interview with Harry Markowitz](https://insights.windhamlabs.com/general/an-interview-with-harry-markowitz.md): Conversations with the father of modern portfolio theory
- [MIT Masters of Finance Convocation](https://insights.windhamlabs.com/general/mit-masters-of-finance-convocation.md): Windham's Mark Kritzman addresses MIT Graduates, June 7, 2018
- [Future Value](https://insights.windhamlabs.com/general/future-value.md): When to use arithmetic and geometric returns for expected values
- [The Cost of Socially Responsible Investing](https://insights.windhamlabs.com/general/the-cost-of-socially-responsible-investing.md)
- [The Hidden Cost of Active Management](https://insights.windhamlabs.com/general/the-hidden-cost-of-active-management.md)
- [Performance Fees](https://insights.windhamlabs.com/general/performance-fees.md)
- [Monte-Carlo Simulation](https://insights.windhamlabs.com/general/monte-carlo-simulation.md)
- [The Fallacy of 1/N](https://insights.windhamlabs.com/portfolio-construction/the-fallacy-of-one-over-n.md): Equally Weighted Portfolios versus Optimized Portfolios
- [Modern Portfolio Theory](https://insights.windhamlabs.com/portfolio-construction/modern-portfolio-theory.md): Breaking down Modern Portfolio Theory
- [Multi-goal Optimization](https://insights.windhamlabs.com/portfolio-construction/multi-goal-optimization.md)
- [Optimal Rebalancing with the Markowitz-Van-Dijk Heuristic](https://insights.windhamlabs.com/portfolio-construction/optimal-rebalancing-with-the-markowitz-van-dijk-heuristic.md)
- [Portable Alpha](https://insights.windhamlabs.com/portfolio-construction/portable-alpha.md)
- [Understanding Estimation Error](https://insights.windhamlabs.com/portfolio-construction/understanding-estimation-error.md): Mark Kritzman, June 20, 2016
- [A New Index of the Business Cycle](https://insights.windhamlabs.com/risk-management/a-new-index-of-the-business-cycle.md): This summary is based on the paper "A New Index of the Business Cycle" by William Kinlaw, Mark Kritzman, and David Turkington, MIT Sloan School Working Paper 5908-20.
- [Event Studies](https://insights.windhamlabs.com/risk-management/event-studies.md)
- [Factor Analysis](https://insights.windhamlabs.com/risk-management/factor-analysis.md)
- [Financial Turbulence Risk Management](https://insights.windhamlabs.com/risk-management/financial-turbulence-risk-management.md): The Mahalanobis Distance in Risk Management
- [Mismeasurement of Risk](https://insights.windhamlabs.com/risk-management/mismeasurement-of-risk.md)
- [Rethinking Exposure to Loss](https://insights.windhamlabs.com/risk-management/rethinking-exposure-to-loss.md): Mark Kritzman, June 29, 2016
- [Risk Budgets](https://insights.windhamlabs.com/risk-management/risk-budgets.md)
- [Risk in the Real World](https://insights.windhamlabs.com/risk-management/risk-in-the-real-world.md)
- [Time Diversification](https://insights.windhamlabs.com/risk-management/time-diversification.md)